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.
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.
The 2025 Social Security COLA Was Announced Last Month. Here's What That Means for Retirees
Social Security helps millions of older Americans stay afloat financially. And without those benefits, many would struggle to make ends meet. Retirees who get most or all of their income from Social Security also rely on the program's annual cost-of-living adjustments (COLAs) quite heavily to ensure that they're able to keep up with their bills from year to year.
The 3 Biggest Changes Made to Social Security in 2024 and How They Affect Your Paycheck
Various news stories about Social Security have made headlines throughout the year, ranging from questions concerning its solvency to arguments over how the program should be funded. Particulars
I'm Afraid Social Security Will Run Out of Money. Is My Retirement Doomed?
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If you were to ask a room full of retired people whether they’re worried about the future of Social Security,
Nearly 3 in 4 Americans fear Social Security won't be available when they retire, poll finds
A new survey reveals widespread concerns among Americans about the future of Social Security benefits as the program faces potential funding shortfalls.
73% worry Social Security won’t pay promised benefits: Survey
Most nonretired U.S. adults, 73%, are worried they won’t get their promised Social Security benefits when they retire.
Social Security update: December direct payment worth $943 goes out in 5 days
December’s Supplemental Security Income payment, worth up to $943, will go out to millions of beneficiaries on Friday. The ...
Why Retirees' Average Take-Home Social Security Increase in 2025 Will Be 20% Lower Than They Might Expect
Less than six weeks remain before retirees will get a raise. Last month, the Social Security Administration announced that ...
For Seattle-area residents, Social Security isn’t just a retirement income
When Sharon Callahan, 76, retired a decade ago, her finances were solid. The former professor at Seattle University had a 401 ...
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 ...
Let's Get Real About Social Security and Immigration
Social Security's immigration problem has been worsening for the last quarter of a century. For a majority of retirees, ...
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Living on Social Security in King County? Here’s what you need to know
Social Security is a critical safety net program that provides income to older individuals and people with disabilities.
What is the lump sum method for Social Security and how you can get it?
The lump sum method for Social Security offers a way for eligible individuals to receive retroactive benefits in a single payment. This option is typically available to those who h ...
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There's Good News and Bad News About 2025's Social Security COLA
Social Security benefits are only increasing by 2.5% in 2025. An increase in the cost of Medicare Part B will eat into ...
When Are December 2024 Social Security Payments Coming?
Anyone born between the 21st and 31st of any month will have their benefits paid on December 27. January payments for SSI and ...
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Social Security update: December direct payment worth $943 goes out in six days
The check is the second one sent in November but won’t affect the total received from the Social Security Administration ...
The myths that hide why Social Security is unsustainable
To test your understanding of Social Security, here is a short quiz: 1. How much money is in the Social Security trust fund?