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The Latest Breaking News from Social Security

5 Savings Habits That Could Actually Be Working Against You

Here are five such habits you may want to avoid to keep yourself financially fit.

GOBankingRates

White House looking to cut certain disability benefits

Hundreds of thousands of Americans are poised to get their benefits cut.

Axios

My Father-in-Law Got Fired 2 Years Before Retirement At 64. With Mortgage Payments Still Due, Should He File For Unemployment or Retire Early?

Getting fired at any age stings. Getting fired at 64, just two years shy of retirement, with a mortgage still hanging over your head? That's the kind of financial nightmare that makes people pause and ask, what would I do if that were me?

Benzinga

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What Happens When Taxes Change After You Retire

Retirement is an exciting milestone, but it doesn’t mean you’re done dealing with taxes. In fact, tax laws can shift after you leave the workforce, and those changes can directly impact your retirement income. Understanding what happens when taxes change after you retire is essential for protecting your nest egg…

The Free Financial Advisor

Extra £10 per week for people in Scotland looking after more than one person

CARERS looking after more than one person will receive £10 per week, per person on top of current benefits, under Scottish Government plans ...

The National (Scotland)

I’m a Millennial Retirement Advisor: Here’s What Baby Boomers Get Wrong About Social Security

A millennial retirement advisor breaks down the biggest Social Security mistakes baby boomers make—and what it could cost them in retirement.

GOBankingRates

5 Things You Still May Not Be Able To Afford, Even With the 2026 Social Security COLA

Combined with already existing inflation, could make more purchases unaffordable for seniors, such as in the following areas

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8 Things You Should NEVER Tell Your Adult Kids About Your Bank Accounts

Parents want to trust their children, but when it comes to money, some details are best kept private. Sharing too much about your bank accounts...

Saving Advice

After Paying Bills, Only $92 Remains: A 79-Year-Old's Social Security Reality Check

For many retirees, Social Security benefits provide the foundation of their income. But as one 79-year-old widow recently shared online, rising costs are making it harder to make ends meet — leaving her with less than $100 a month after paying her bills.

Benzinga

A Big Change to Social Security Is Coming This Fall — and It’s Probably for the Best

A major Social Security update is coming this fall—find out what’s changing, why it matters and how it could actually benefit your retirement.

GOBankingRates

8 Things To Buy at Dollar Tree This Fall If You Live on Social Security

There's no better place to buy essential items than Dollar Tree, especially for retirees living on a fixed income.

GOBankingRates

10 Things That Should Be in the Budget of Every Middle-Class Retiree at Age 70

Knowing what to spend on can make or break a retirement.

GOBankingRates

3 Social Security Penalties High Earners Shouldn’t Ignore

High earners pay more into Social Security, get less back, see lower income replacement rates and face higher benefit taxes as income rises.

GOBankingRates

I Waited to Claim Social Security and Never Got Around to Filing By My 70th Birthday. Did I Goof?

We ask financial experts for advice.

Kiplinger

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Barchart

What Would a Looming Government Shutdown Mean for Your Wallet?

Lawmakers have until Oct. 1 to strike a new deal on government funding. If they fail, we're looking at another government shutdown. That could have a significant impact on markets, Social Security, and federal loans programs.

GOBankingRates

Want To Retire in a Cheap City? 6 Hidden Costs You May Not Have Thought About

Many "cheap" retirement destinations come with hidden fees --ranging from pricey home insurance to high amenity fees not advertised in glossy brochures.

GOBankingRates

How Much Is Dave Ramsey’s Social Security Check?

Dave Ramsey’s Social Security check might surprise you—see how much he could be getting.

GOBankingRates

What Will Full Retirement Age Be When Younger Generations Retire?

Explore how the full retirement age is likely to change and how that might impact future retirement plans for younger generations.

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news in one place.

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How Much the Average Middle-Class Retiree Spends Monthly at Age 67

Sixty-seven can result in more monthly spending money, the reality is that the average middle-class retiree takes Social Security benefits earlier.

GOBankingRates

I Asked Chat GPT How Much the Average Middle-Class Couple Spends Monthly in Their 80s

As someone for whom retirement is neither far off nor immediate, I wondered how much the average middle-class couple spends monthly in their 80s.

GOBankingRates

10 Steps To Help You Prepare for Retirement

Retirement planning made easy with practical tips and strategies. If you're a beginner or catching up, tailor a retirement plan that fits your financial goals.

GOBankingRates

8 Things Frugal People Should Buy From Dollar Tree Now Before Fall

These eight fall items could sell out soon, so don't wait for your chance to buy them at Dollar Tree.

GOBankingRates

Social Security’s Biggest Lie: Why ‘Full Retirement Age’ Isn’t What You Think

Think you know when to retire? Social Security’s ‘full retirement age’ might be misleading—here’s what it really means for your benefits.

GOBankingRates

How State Taxes Might Reduce Your Social Security Check

The rules vary widely by state and income level, which means your location can play a big role in how much retirement income you actually get to keep.

GOBankingRates

How Much Money You Need To Live in 4 Popular Retirement States, Plus Social Security

In most cases, what you get won't quite cut it for retirees looking to settle down in states like Florida, Arizona, Colorado and Wyoming.

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