Wondering What to Expect for Next Year’s Social Security COLA? Here’s What History Says Could Be Coming in 2026.
Millions of seniors benefit from the Social Security cost-of-living adjustment (COLA), an annual raise that aims to help benefits maintain their buying power over time. The official announcement for next year’s adjustment won’t come until October, but there are already predictions around what the 2026 COLA might look like. Right now, beneficiaries are on track […]
3 Moves That Could Add 50+ Points to Your Credit Score
Image source: Getty Images Just a few simple actions — done consistently — can raise your credit score by 50 points or more, sometimes within a few months. Looking for a secure place to grow your savings? See our expert picks for the best FDIC-insured high-yield savings accounts available today – enjoy peace of mind […]
Social Security: 2 Reasons Your Monthly Check Might Be Smaller Than Expected
The amount of money you can expect from Social Security in retirement isn’t something you want to guess at. Those benefits might be an important part of your senior income, so it’s important to know what monthly check to anticipate. Thankfully, there’s a pretty easy way to know how much Social Security you’re entitled to. […]
President Trump Wants to Eliminate Income Tax on Social Security Benefits, But Here’s What Retirees in These 9 States Should Know in the Meantime
Social Security is one of the more important social programs the U.S. offers. Since retirement benefits began in 1940, Social Security has helped keep hundreds of millions of people out of poverty, including many of the 52 million who currently receive benefits. Unfortunately, like other types of income, your Social Security benefits can be taxed […]
Social Security Cost-of-Living Adjustment (COLA) Update: Brace Yourself for the Smallest COLA Since 2021
The passage of the Social Security Fairness Act earlier this year brought a surprise benefit increase for 3.2 million Americans. If you weren’t among them, your next opportunity for a benefit boost will come with the 2026 cost-of-living adjustment (COLA). We still have a while until the official announcement in mid-October, but that hasn’t stopped […]
President Trump Just Made Another Social Security Change That Could Affect More Than 485,000 Americans
We’re only three months into President Donald Trump’s second term in office, and he’s already made a lot of changes. If you’re on Social Security, you’ve probably noticed some of them. His administration has already made several changes to the procedures seniors use to apply for benefits or make account changes. Trump recently made another […]
Retirees Should Have This Much Invested by Age 67
How much are you saving for retirement? For most people, the answer is “as much as possible.” To be fair, it’s not a bad answer. In the unlikely event that someone’s saved “too much” of a retirement nest egg, they can always choose to give away a portion of their accumulated wealth. Non-numeric, generalized answers […]
Make These 3 Social Security Moves Now for Larger Checks Later
If you manage to accumulate millions of dollars in time for retirement, then you may not end up caring all that much about what Social Security pays you. But the typical retiree does not land in that boat. Many people enter retirement with modest savings and become heavily reliant on Social Security to help pay […]
President Trump Just Walked Back 1 of His Key Social Security Rule Changes
President Donald Trump’s policy changes continue to come at a rapid-fire pace. Even if you prefer to ignore the news, you might find that difficult, especially if you’re on Social Security. The president set his sights on overhauling the program shortly after taking office in January. Many of the changes his administration has made thus […]
3 Easy Ways to Get Free Checked Bags in 2025
Image source: Getty Images If you’ve flown lately, you’ve probably felt the sting of checked bag fees. Most airlines now charge $30 to $40 per bag, each way. And if you’re traveling with someone else, you’re looking at paying up to $160 just to bring your clothing and toiletries on your trip. Looking for a […]
