Social Security Benefits

When it comes to growing wealth for retirement, the greatest weapon we have at our disposal is time. And the best way to take advantage of that investment growth is to give ourselves as many years to save as possible.

Many seniors look to Social Security as a reliable income source. But those benefits may be reduced in the not-so-distant future.

The CBO said in a new report the Social Security fund could plunge from $2.8 trillion to $533 billion in 2030

Here are three points about the Social Security program that may leave you disappointed.

If your monthly checks are going to make up a substantial chunk of your retirement income, it's smart to make the most of them. Look out for these common mistakes that could potentially shrink your Social Security benefits.

It allows employers to offer their workers a temporary deferral of the 6.2% payroll tax employees pay into the Social Security Trust Fund for the rest of this year

Will President Trump kill Social Security's funding source?

Trump has indicated that he wants to pursue a sweeping elimination of the tax next year.

Statistically speaking, a majority of seniors would be better served by waiting until age 70 to begin taking their Social Security retirement benefit. But this doesn't hold true for everyone.

A new study shows that 21% of Americans have not yet started saving for their senior years. Here's why you stand a better chance of accumulating enough of a balance to avoid financial struggles later in life if you start making modest contributions today.

Biden's economic plans could provide a select group of seniors up to a 5% increase in their benefits. Here's how it would work. 

It pays to file for benefits at 70 for one big reason: It's the easiest guaranteed way to boost your retirement income.

Here are the four main Social Security changes the Democratic Party challenger has proposed to strengthen the program.

Review the following three questions and make sure you're comfortable with the answers before you apply for Social Security benefits.

Although dozens of little-known carriers serve as key conduits in America’s telecom system, they can also open the door to scams, a new report released Saturday suggests. 

Romney said that "we need to take action now" or risk significant cuts to Medicare and Social Security benefits.

Approximately 1 in 5 baby boomers and older retirees don't have any other sources of retirement income beyond Social Security.

The U.S. Chamber of Commerce is asking the Trump administration to clear up the concerns and questions many businesses have in the wake of the President's executive action to defer payroll taxes.

President Trump on Wednesday touted his plan to implement a payroll tax deferral, a levy he plans to eliminate entirely if re-elected, but promises Social Security will not be negatively affected.

Payroll taxes fund Medicare and Social Security.