Is it possible to retire comfortably on Social Security alone? We asked seniors.
Alden and Dena Swartz draw nearly $4,000 a month from Social Security, the government program designed to support Americans in retirement. And they are struggling. Gail Randle and her partner, Mike DellaVolpe, collect only $2,400 a month in Social ...
3 Possible Social Security Checks in November 2024? Here's Why
Married retirees are lucky enough to benefit from two monthly checks, but most people rarely get more than this. However, in November 2024 only, a lucky few beneficiaries will receive three Social Security checks -- or as many as four for some married couples. But before you celebrate too much, there's an important caveat you need to know.
Medicare premiums rise for 2025, nicking retirees' Social Security checks
Seniors awaiting bigger Social Security checks next year may be shocked to discover higher Medicare premiums will eat up a chunk of their cost-of-living adjustment.
Planning for retirement: Here's how I expect to spend my Social Security checks
The idea of depending entirely on Social Security doesn't sit well with me. That's why I'm taking control now by building retirement accounts.
The 2025 Social Security COLA Was Announced Last Month. Here's What That Means for Retirees
But a 2.5% COLA for 2025 stings because it's the smallest one to arrive in years. At the start of 2024, seniors on Social Security saw their benefits increase by 3.2%. And the year prior, Social Security recipients got a record-breaking 8.7% COLA. So a raise of just 2.5% seems awfully meager by comparison.
See How Much the US Spends on Social Security Every Year
Touching Social Security benefits is often considered the third rail of American politics. Politicians supposedly recognize the danger of even approaching tinkering with it. This is
3 Social Security Rules That Are Changing in 2025 -- and 1 Age-Old Rule That Sorely Needs an Update
One Social Security rule that isn't changing in 2025 is the threshold for taxes on benefits. Social Security recipients are ...
Dave Ramsey sounds alarm on Social Security for retired Americans
Personal finance radio host Dave Ramsey adds another element of unease about retirement finances as he explains his view that ...
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Gillibrand pushes for bill ending Social Security cuts for government pensioners
Sen. Kirsten E. Gillibrand is pushing for the U.S. Senate to quickly pass a law that would extend full Social Security ...
There's Good News and Bad News About 2025's Social Security COLA
But the truth is that your monthly benefit is never truly locked in, because each year, Social Security recipients are ...
73% of workers worry Social Security won’t be able to pay retirement benefits. Here’s what advisers say.
Gen Xers say they are worried they may not receive their benefits at retirement age if Social Security funds are depleted.
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I Want More Out of Social Security. How Do I Get It?
That’s why it’s helpful to lock in as large a monthly Social Security check as you can. The average retired worker today ...
No, the president cannot change Social Security
VERIFY readers asked if the president can change Social Security. Its tax rate and benefits are set by law, so it would take ...
Senate has 6 weeks to vote to lift Social Security for public workers. Will it?
Public sector workers are anxiously waiting to see if the Senate will vote to finally eliminate provisions that cut their ...