Social Security Benefits

For each of the past 35 years, the Social Security Board of Trustees report has cautioned that there wouldn't be enough revenue collected over the long run. Here is a timeline of events that could lead to a significant Social Security benefits cut.

Many older Americans are finding themselves looking to Social Security to provide money in a time of financial struggle.

Here are two key things you can do if you're still working or newly retired so you can make sure you don't run short of money in the future.  

Warning signs vary, but anyone who suspects identity theft should act fast, the Federal Trade Commission says.

Here are three factors that are about to make claiming benefits early, and therefore accepting a permanent monthly payout reduction, even more popular.

Social Security cuts are looming if the program's finances aren't fixed in the coming years. Here are a few proposals to shore up Social Security and how they could affect you. 

Whether you want to be part of your partner’s health care planning or simply grow you’re your bottom line, getting married is the way to go, experts say.

If your low 401(k) balance triggers anxiety every time you look at it, you may be able to count on income from some unexpected sources in retirement to help.

Half of Social Security recipients don't get to keep their benefits in full, according to a new survey. Here's why.

Those who expect Social Security to be their primary income source risk falling dangerously short. As the program faces its share of financial woes, those who expect to depend heavily on it may be in for a late-in-life shock.

Delaying makes sense in some situations, but it's not right for everyone.

You may not want to bank too heavily on plans to claim Social Security at 70 for one big reason: You may not get that option.

Social Security Income (SSI) is another Social Security program that low-income retirees could qualify for to provide some extra money if you find yourself relying on Social Security benefits alone.

While early filing penalties can be painful, they're sometimes worth incurring if you need to retire at 62.

Some retirees will pay federal taxes regardless.

Whether you have decades to save or retirement is just around the corner, the coronavirus crisis could affect your senior years in these three ways.

If you're concerned that Social Security benefits may soon be a thing of the past, it can be tempting to start claiming them as soon as possible to get them before they're gone.

Here's why you may wind up disappointed in your benefits as a senior since they could end up coming in lower than expected.

Social Security is facing serious financial challenges that have only been exacerbated by the coronavirus pandemic. That means it's wise to take action now, and you can start with this one benefit-boosting strategy.

However, 50% of pre-retirees may be in for a huge financial shock for one big reason: They expect the same out of Social Security at a time when future benefit cuts are very much on the table.