3 Little Known Social Security Rules All Married Retirees Should Know
Social Security provides inflation-protected retirement income for tens of millions of Americans. And while the general idea behind the program is fairly easy to understand — you get a monthly payment based on your work history — there are a lot of rules and formulas to know. Some of the most important, and lesser known, […]
3 Things All Retirees Need to Know About Social Security COLAs
Social Security is by far the largest retirement benefits program in the United States, with 68.6 million people receiving benefits, including 52 million retired workers, as well as spouses, survivors, children, and workers with disabilities. There’s another 7.4 million people who receive income from another Social Security program known as Supplemental Security Income, or SSI. […]
This Was the Average Social Security Benefit in 1985, and Here’s What It Is Now
Anyone with a memory of 1985 can tell you how much things have changed over the past 40 years: Phones were the size of bricks, listening to music in a car meant carrying cassette tapes, and the movie rental company Blockbuster was just created. Another thing that’s changed significantly in the past four decades is […]
5 Ways a Recession Could Affect Social Security in the Long Run
The chances of a U.S. recession are increasing, according to a CNBC survey of analysts, fund managers, and strategists. Polymarket, a top prediction market, has seen a surge in bets on an economic downturn. Commerce Secretary Howard Lutnick recently told CBS News that President Trump’s policies are “worth it” even if they lead to a […]
Retirees Want Bigger Social Security Cost-of-Living Adjustments (COLAs). Here’s the Problem With That.
Social Security’s 2.5% cost-of-living adjustment (COLA) for 2025 was nothing to write home about. If you’re receiving checks, there’s a good chance you saw your expenses increase by more than that amount over the last year. For years, seniors have been arguing that Social Security COLAs should be higher so their checks stop losing buying […]
29% of Social Security Recipients May Be Making a Huge Mistake
Social Security serves as an important source of income for millions of retirees today. And without those benefits, a good number of older Americans would have a difficult time paying their bills. That’s why it’s important to claim Social Security at the right time. And data shows that almost one-third of Americans may be making […]
