Over 3 Million Retirees’ Social Security Benefits Are About to Increase — Here’s What You Need to Know
The Social Security Fairness Act was signed into law a month ago, and as a result, the Social Security benefits of 3.2 million people are set to rise. In this video, Certified Financial Planner® Matt Frankel discusses who is going to benefit from the new law, how much benefits could go up, and when it […]
Social Security: The Stealth Way You May Be Getting Double Taxed
Millions of older Americans receive a Social Security payment each month. And for many people, those payments constitute the bulk of their retirement income. If you’re someone who lives mostly on Social Security, you may be in a position where you get to get keep those monthly benefits in full. But many seniors are forced […]
Here’s How Much the Average Woman Gets From Social Security
We’ve made some progress as a society with the gender pay gap, but there’s still a long way to go. The average woman earned just 83.6% of the average man’s earnings in 2023, according to the Bureau of Labor Statistics. This leaves them with less money to cover their expenses today, and it also makes […]
