Prediction: The Average Social Security Benefit Will Reach a Major Milestone by January 2026
Social Security has seen a lot of changes in the first three months of 2025, and if you’re claiming benefits, you probably have too. Some of these, like the cost-of-living adjustment (COLA), were probably welcome, while others might have you worried about the program’s future. We’ll likely see even more changes this year, with Social […]
3 Reasons You Won’t Regret Saving for Retirement in a Roth IRA
It’s important to save for retirement, because if you don’t, you might end up having to live a pretty bare-boned lifestyle. And after years of hard work, you deserve better. But you have options when it comes to choosing a retirement account. Many savers like the idea of putting money into a traditional IRA for […]
Social Security: Is This Unfair Rule Costing You Some of Your Benefits?
Many Americans look forward to receiving a Social Security benefit once they retire. If you’re someone who only has a modest amount of retirement savings, your Social Security income could end up being a financial lifeline once you’re no longer working. But there’s an element of Social Security that might throw your retirement finances out […]
The Average Social Security Benefit Is Way Lower Than You Would Expect. Here’s Why.
Social Security provides crucial financial support for elderly Americans. However, it’s really important that you don’t overestimate what these benefits will do for you in your retirement. Unfortunately, many people assume Social Security will provide more income than it actually does. A quick look at the average benefit will show you the truth. Start Your […]
Did President Donald Trump Break His Social Security Promise? The Answer Isn’t as Cut-and-Dried as You Think.
For most Americans, Social Security is more than just a check that’ll show up in their mailbox or be deposited in their bank account once they retire. It represents a financial foundation that keeps retirees afloat and out of poverty. In each of the last 23 years, Gallup has surveyed retirees to gauge how important […]
