Benefits are adjusted annually for inflation, and they are not affected by the ups and downs of financial markets. Perhaps most important, benefits are guaranteed for life, which makes Social […]
Social Security (US)
Trending topics and news from the Social Security (US) category
Back to news homeHow to Cope With Medicare’s Rising Costs
Aduhelm will be administered by health care providers, and thus will be covered under Medicare Part B, rather than the Part D prescription drug program. A spokesman for the Centers […]
Inflation and Retirement: How to Protect Your Savings
“We did not invest all of Mom’s money in this product,” Ms. Cheng said. “We only invested a portion of her I.R.A. and her inherited I.R.A. We did this to […]
What the Debt Ceiling Means for Social Security and More
The federal government is about two weeks away from being unable to pay its bills — and that could delay benefit payments to tens of millions of retirees, Medicare and […]
When to Collect Social Security: Why You Should Wait
Withheld benefits are not lost forever, however. At the beneficiary’s full retirement age, Social Security will adjust the monthly benefit upward to account for the withheld benefits. The beneficiary will […]
Many Pandemic Retirees Weren’t Ready. How to Cope if You’re One of Them.
Andrea Jones hadn’t yet settled on a date to retire from her customer service job at United Airlines when Newark airport started looking like a ghost town in March 2020. […]
Americans Are Retiring Earlier Because of Pandemic
Dee Dee Patten, 57, hadn’t planned to retire early. But when the coronavirus-induced lockdown took hold in 2020 and business dried up at the mechanical repair shop that she and […]
Women and Social Security: How to Get the Biggest Check
As a single woman with no children, Karen Callahan is putting together the financial pieces that will protect her for a potentially long life on her own. A large piece […]
The Auto I.R.A. Is Gaining Traction as a Retirement Savings Option
Illinois is seeing steady growth in worker participation despite the economic mess brought on by the coronavirus. In March, Illinois Secure Choice had 60,000 funded accounts, with $17.2 million in […]
Female Workers Could Take Another Pandemic Hit: To Their Retirements
Women are overrepresented in industries experiencing the highest job loss, according to a recent report published by the Y.W.C.A. U.S.A. Latina, Black and Asian-American women have been hit hardest, the […]