Latest News
Social Security Could Run Out Sooner Than Expected—How It Might Affect Your Benefits
Social Security is facing potential funding shortfalls that could lead to benefit cuts by 2035. Learn how these cuts could affect you and what steps you can take to protect your retirement income. With proper planning, you can ensure financial security, regardless of future changes to Social Security.
Do Billionaires Really Receive Social Security? Here’s What the Data Says
Do billionaires really collect Social Security? Yes, they do, but the amount they receive is capped at $4,555/month, the same as any other worker. In this article, we explain how Social Security benefits are calculated, how billionaires qualify, and the ongoing debate about reforming the system. Whether you’re rich or not, it’s important to know how to maximize your Social Security benefits for a secure retirement.
Retirees in These 9 States Could Lose Part of Their Social Security—Here’s Why
Living in Colorado, Minnesota, or seven other U.S. states? Your Social Security benefits might be taxed. Learn which states still tax retirees, how much they take, and how you can avoid losing hundreds or even thousands of dollars per year. This expert guide includes practical advice, state-specific rules, tax planning tips, and relocation strategies to help you make the most of your retirement income.
New Acting Chief of Social Security Faces Unusual Backlash Over Viral Job Announcement
Frank Bisignano, former Wall Street exec and now Acting Social Security Commissioner, sparked backlash after admitting he Googled his new role. With ties to Elon Musk’s DOGE reform unit, critics worry about automation overreach, service cuts, and privatization risks. This in-depth article explains what the changes mean for your benefits, how to protect your access, and how to navigate the SSA in a time of massive transition.
Social Security Wait Times Spark Controversy as Millions Struggle With Delays
Social Security wait times are at crisis levels in 2025, with millions facing long delays for benefits, calls, and appointments. This in-depth guide breaks down what’s causing the issues—from staff cuts to digital failures—and offers clear, actionable steps for getting help. It’s a must-read for seniors, veterans, caregivers, and anyone trying to navigate a system that feels increasingly broken.
Social Security’s Future Looks Uncertain—Should You Claim Benefits Sooner?
Social Security's uncertain future has many Americans wondering whether they should claim their benefits sooner. This guide explores the pros and cons of early versus delayed claims, offering practical advice and expert insights to help you make informed decisions about your retirement planning. Learn how to maximize your benefits and avoid common mistakes as Social Security’s future remains in flux.
Social Security May Run Out of Funds for Full Payments Sooner Than Expected—Here’s What It Means for You
Social Security faces a potential funding shortfall, with its trust funds expected to be depleted by 2033. This could lead to a reduction in benefits unless reforms are made. In this article, we explore the reasons behind the funding gap, potential solutions, and practical steps you can take to prepare for the future. Learn how understanding your benefits, diversifying your savings, and staying informed can help you navigate this critical challenge.
Here’s How Much Money Americans in Their 50s Have Saved in Their 401(k)s
Wondering how much you should have saved in your 401(k) by your 50s? Learn how to boost your retirement savings with expert tips and strategies, from maximizing catch-up contributions to taking full advantage of employer matches. With the right plan in place, it's never too late to catch up on your retirement goals.
Smart Move for Parents—Open a Custodial Roth IRA With Your Kid’s Summer Earnings
A custodial Roth IRA is one of the best ways to help your child build long-term wealth from their summer earnings. With tax-free growth, flexible withdrawals, and the power of compounding, it’s a financial tool that could set your child up for retirement success. Learn how to open one and make the most of your child’s hard-earned money.
These U.S. States Are Seeing the Most Retirees Lose Their Social Security Checks
Social Security is a crucial source of income for many retirees, but in some U.S. states, these benefits are taxed, reducing the amount you receive. States like Colorado, Minnesota, and New Mexico tax Social Security benefits based on income thresholds, while others like California and Florida offer tax-free benefits. Understanding state tax laws and planning accordingly can help retirees preserve their Social Security checks and maximize their retirement income.
