Social Security Benefits

Although Social Security payments recently increased at their highest rate in 40 years, payments could soon be slashed by 20%. Here's why, and what you can do if you are struggling financially.

The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.

Do you and your spouse have the same kind of retirement in mind? Here's how to find out.

The Credible Money Coach discusses income taxes for reader who still works and receives Social Security benefits.

Although you'll receive reduced checks by claiming early, you can still receive thousands of dollars per month.

Here are some areas facing rising prices, which could impact your Social Security benefits.

Social Security is set to increase in 2022 at its highest rate in 40 years amid record inflation. Here's what to do if you are struggling for cash.

Many people underestimate the amount they need to save for a comfortable retirement. Don't want to make that mistake? Here's how.

Here's what you need to know if you're approaching your senior years with limited savings.

There are certain situations where claiming Social Security benefits at age 62 could be your only option. Here are a few.

The federal government may soon default on its financial obligations unless lawmakers raise or suspend the debt ceiling before the start of the next fiscal year on Oct. 1.

Your Social Security benefit is calculated from your earnings record, which comes from employer reporting.

The monthly Social Security benefit you're able to collect in retirement will hinge on how much money you earn during your 35 highest income-earning years.

The latest Social Security Trustees' report shows just how bad the situation is.

Benefit cuts are now on the table. Here's what it could mean for you.

One simple move could leave you with more monthly retirement income to enjoy.

You could be left with too little money if you don't prepare yourself.

The primary Social Security trust fund for retirees will run out of money in 2033, one year earlier than previously estimated, according to an annual report released Tuesday.

The first step is to make note of what you already have. Write down the balances of all your retirement accounts, and don't forget about old accounts from previous employers.

Here are three retirement surprises others have faced before you, and how to get ahead of them.