Social Security

Here’s How Much the Average American Collects in Social Security at Age 62, 66, and 70

Retirement planning is hard if you don't know how much you'll get in Social Security benefits.<p>Are you financially prepared for retirement? Probably …

Investing

How Income Tax on Social Security Became a $277 Billion Problem for Retirees

Many retirees are surprised that Social Security benefits can be taxed at all.<p>People work their entire careers expecting to receive retirement …

Investing

Why You're Probably Never Getting a Real Raise From Social Security

In 2018, Social Security recipients got a 2% raise thanks to the Cost-of-Living Adjustment (COLA). While a 2% raise <i>should</i> theoretically result in about $27 more per month for seniors who received the average retirement benefit of $1,377 in 2017, many seniors will see no bump in income at all.<p>For …

Medicare

Here's what happens to Social Security and disability benefits during a government shutdown

Filed under: News, Politics, Congress<p><b>The federal government entered into a partial shutdown at midnight Saturday.</b>• <b><br>In the event of a shutdown, Social Security and disability checks will still go out.</b>• <b><br>While core functions would not be affected, some Social Security Administration employees would be</b> …

AOL

AP Explains: Congress has shut down the govt. Now what?

WASHINGTON (AP) — The U.S. government shutdown began at midnight Friday as Democrats and Republicans failed to resolve a standoff over immigration and spending. Here's a look at what the parties are fighting over and what it means to shut down the government.<p>WHAT ARE LAWMAKERS FIGHTING ABOUT?<p>Since …

U.S. Politics

The 28 types of benefits you could be eligible for - and how to find out if you are

When times are tough, it's more important than ever to make sure you are receiving the money that you are entitled to.<p>After all, the last thing you'd …

Personal Finance

Social Security's 3 Purposes, and the 1 Thing It Was Never Intended For

America's most important social program is tasked with providing a financial backdrop for tens of millions of Americans.<p>As of November, according to …

Investing

What exactly this shutdown means, agency by agency

Early Saturday morning, Congress failed to meet its own deadline to fund much of the federal government, sparking a shutdown. What does that mean in …

Government Shutdown

This New Tax Break Will Be a Lot More Popular Than Most Think

Headlines have trumpeted how big corporations have made out the best from the latest tax law changes passed in December. With the corporate tax rate falling by 14 percentage points to 21%, many of the largest companies in the U.S. economy are reporting billions in future benefits from tax reform.<p>By …

Retirement

What's the Deadline to File Taxes in 2018?

Taxes have certainly been hogging the news lately, especially in light of the recent changes that were implemented for 2018. But before we focus our attention toward the current year's taxes, let's not forget the little matter of tackling our 2017 returns. As you're probably aware, those returns …

Personal Finance

Will Rising Rates Bail Out Social Security's Trust Fund?

Interest-rate increases could boost available funding -- but there's a catch.<p>Most people know that the Social Security program faces long-term …

Finance

This is the most important retirement chart you'll ever see

<b>Video by CNBC</b><p>Load Error<p>The toughest part about planning for your retirement is estimating how long it will last. Every other calculation on how much …

Retirement

How to prepare financially for being a widow/widower

Among the risks that married couples face in retirement, this one is unavoidable. It’s the risk of becoming a widow or widower. And that risk comes with some dramatic consequences, according to a Society of Actuaries report, "Managing Post-Retirement Risks: A Guide to Retirement Planning."<p>According …

Retirement

Demoted at Work? Here's How to Cope

You're sitting at your desk when your boss summons you in for a meeting. And from the moment you walk in the door, you can tell things just don't look good. Moments later, he busts out the news: You're being demoted, and going forward, your job title and responsibilities will be changing (and not …

Careers

3 Things to Know About Claiming Social Security at 66

Thinking of filing for Social Security at 66? Here's what you need to know first.<p>Though your Social Security benefits are calculated based on how …

Retirement Planning

Like everything else, Congress is underfunding the Social Security Administration

Americans contact the Social Security Administration at the most vulnerable points in their lives — upon the death of a loved one, retirement, or …

Donald Trump

Ask Larry: ​​What Will My Widow's Benefit Be At Age 64?

Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits.<p>Today’s column addresses early widow’s benefits, when spousal benefits become available, the Bipartisan Budget Act of 2015, how married couples can sequence benefits …

Today's Workers Aren't Optimistic About Raises and Promotions, Data Shows

You'd think more workers would be optimistic about their prospects for getting promoted or snagging raises. But data from Gartner, a global research and advisory firm, shows the opposite to be true: Only 16% of employees across the world claim they're willing to make an extra effort at work. The …

Owe

The CHIP Debacle Shows Democrats Need to Put the Government On Autopilot

As I’m writing this post, the Federal government appears to be hurtling towards a shutdown, largely because Democrats and Republicans have been …

Chuck Schumer

Social security benefits? Passport? What the government shutdown would mean

CLOSE<p>Spoiler alert: nothing good. Video provided by Newsy<p>WASHINGTON — Funding to keep the federal lights on will run out at midnight on Friday unless …

Des Moines

Should I sign up for child benefit? Yes, for state pension

My wife will need to work a further three years due to poor communication of child benefit changes. The response from my MP has been disappointing - …

Personal Finance (UK)

GOP Rep. vows the Senate will act to avoid shutdown

A government shutdown could impact tax refunds, social security checks, small business loans, and more. Ali Velshi breaks down how a government …

Business

Investing Blog Roundup

Investing Blog Roundup: Just Now Getting Back Into the Market?<p>“What should I do now, if I bailed out of the market in 2008?”<p>I hadn’t heard that …

Finance

What actually closes in a US government shutdown?

WASHINGTON: Hundreds of thousands of US government defence workers, park rangers and business regulators could be temporarily out of work if Congress …

Internal Revenue Service

How to Calculate Paycheck Withholding and Deductions- Hint: It's Easy

Are you considering doing your own payroll processing? Calculating withholding and deductions for employee paychecks isn't difficult if you follow …

Personal Finance

How much will tax reform boost your paycheck in 2018?

New withholding tables have the answer. Find out the details.<p>The tax reform bill that just became law late last year won't show up on your tax returns until you file in 2019. But workers are about to see the immediate impact of the bill in their paychecks, because the IRS just released its new …

Money

Here's What Happens In A Government Shutdown

The federal government is once again entering a shutdown as Congress failed to pass short-term funding legislation by midnight Friday.<p>Republicans and Democratic lawmakers remained at odds with each other and with President Donald Trump over a budget proposal, blocking attempts to avert the shutdown …

LGBTQ

Your Social Security could be taxable | Biz Brain

Q. If Social Security is your only income, is it taxable? How is it different if you work?<br>-- Planning<p>A. It's a great question.<p>If your Social Security …

New Jersey

Medicare: Understanding the Basics | Investopedia

Medicare is a federal health insurance program for individuals age 65 or older and for individuals under age 65 with kidney failure, ALS or certain …

Medicare

65 City-Inspired Baby Names Parents Are Giving Their Newborns

Kim Kardashian announced Friday that she and Kanye West have named their new baby girl Chicago West.<p>The specific name Chicago is pretty rare, but city names in general aren’t uncommon in the U.S.<p>From the classics like Paris and Austin to the less popular Miami and Zurich, many cities have found new …

Parenting