The Social Security Fairness Act’s Benefit Increase Could Come With a Surprise Bill for Some
Your Social Security checks could look a little different this month if you’re one of the 3.2 million Americans affected by the recent passage of the Social Security Fairness Act. Some retired workers could see their checks increase by an average of $360 per month beginning with their April payment. That’s more than seven times […]
What President Trump’s Tariff Turmoil Could Mean for Your Next Social Security COLA
Many retirees are watching their 401(k) and individual retirement account (IRA) balances sink further seemingly daily. Whatever you might think about President Donald Trump’s steep tariffs, they’re indisputably wreaking havoc on the stock market. Could tariffs even impact retirees’ Social Security benefits? The answer just might be “yes.” Here’s what President Trump’s tariff turmoil could […]
Here’s the Average Social Security Retired-Worker Benefit by Age (From 62 Through 99)
No social program is responsible for pulling more people out of poverty each year than Social Security. According to the Center on Budget and Policy Priorities, the program lifted 22 million people above the federal poverty line in 2023, including 16.3 million adults aged 65 and over. It’s also a program that retired workers lean […]
Is the Stock Market Still the Best Place for Your Retirement Savings?
The past few weeks have been a rollercoaster ride for investors. Stock values have plunged, causing many people to panic. And with a lot of economic uncertainty ahead, there’s no telling how long it will take the market to recover from its recent fall. You may be worried about the impact of recent stock market […]
