Do you have social security at age 62 or 70? At which age can you make more money?
Americans can begin collecting Social Security retirement benefits at age 62, the earliest age allowed. But many experts say turning 62 may not be the best financial choice because waiting can increase your monthly payments. If you file for Social…
Social Security Alert: Paper checks are about to disappear, here’s what retirees and families must prepare for
Over the years, retirees have received social Security Pay by mailing a paper check. In 2025, the Social Security Administration (SSA) was directed to transition beneficiaries to electronic payments. SSA plans to complete the transition for all…
Work after retirement? A major Social Security rule could soon disappear
U.S. sparks new debate social security benefits and work after retirement. U.S. lawmakers are debating whether to eliminate a rule called the “retirement income test.” The rule currently affects people who receive Social Security benefits…
How to estimate your Social Security benefits: Points, retirement age and payment calculations
The first step in planning for retirement is knowing how much money you will receive from Social Security in the future. Social Security provides income in retirement and can also help people through disability and survivor benefits. Understanding your…
Social Security cuts could affect more than 15% of people in 47 states, with benefit losses likely to exceed $500
According to the Committee for a Responsible Federal Budget (CRFB), Social Security’s retirement program currently provides benefits to 63 million Americans, including retirees, spouses, dependents and survivors. The United States has known for 42…
Planning to move abroad? Your Social Security benefits will change as follows
More people are leaving the United States than moving into it. According to a report by The Motley Fool, the United States will experience negative net immigration in 2025 for the first time in 90 years. This means that by 2025 more people will leave the…
Social security payment changes will affect 3.6 million beneficiaries: What Direct Express users need to know | World News
Millions of Social Security recipients who receive monthly payments through Direct Express prepaid debit cards will undergo important administrative changes. The U.S. Treasury Department has begun the transition of the Direct Express program from…
Planning to retire? Here are 3 signs waiting another year might be beneficial to you in the US
People often wonder if they should wait a little longer before finally retiring. While people can choose to leave the workforce at age 60, 62, 65, or any other age that suits them, it’s important to maintain some flexibility in these plans.…
Does your state tax Social Security benefits? Check the list of states that do this
Social Security benefits provide important income to millions of retirees and disabled Americans, but tax rules can vary widely depending on where you live. While the federal government may tax benefits once income exceeds a certain threshold, only a few…