The Latest Breaking News from Social Security

5 Money Moves to Make in the First 30 Days After You Retire

The first month of retirement can feel strangely quiet after decades of paychecks, work schedules, and automatic payroll deductions. Unfortunately, your financial life doesn’t retire...

Saving Advice · Aug 13

Maryland man wins $1 mn Massachusetts Lottery but gets $650,000 only. Here's why

During a family visit, a lucky Maryland resident hit the jackpot, winning a million dollars in the lottery. Opting for a cash payout, he received six hundred fifty thousand dollars before taxes, which was a lower amount compared to the annuity prize. His winning ticket came from a Valero store…

The Economic Times · Aug 13

How to Coordinate Your Retirement Withdrawals to Save on Taxes

By coordinating withdrawals from retirement accounts to keep your income below certain thresholds, you can save on taxes and benefit from valuable deductions.

Kiplinger · Aug 13

The 14 conditions Social Security has added to disability fast-track list

Several rare cancers and genetic disorders are being added to the list, bringing the total number of conditions on the CAL to 314

The Independent UK · Aug 12

13 Things to Know About How Your Pension Affects Your Taxes in Retirement

If you're a retiree with a pension, treating taxes as a core part of your retirement strategy is the best way to keep your income sustainable for the long haul.

Kiplinger · Aug 12

Social Security Has a “Do-Over” Rule — But Retirees Have a Limited Window to Use It

Claiming Social Security can feel like one of those financial decisions that becomes permanent the moment you make it. Maybe you claimed at 62 because...

Saving Advice · Aug 12

7 Expenses Couples Forget to Recalculate When One Spouse Retires First

Retirement planning gets surprisingly complicated when two spouses don’t leave the workforce at the same time. One paycheck disappears, but many household expenses don’t simply...

Saving Advice · Aug 12

Social Security Adds 14 Conditions to Its Disability Fast Track, Including Four Cancers and Several Rare Childhood Syndromes

Social Security added 14 conditions to its Compassionate Allowances list. Here are the cancers and childhood syndromes that now qualify.

Medical Daily · Aug 12

Bipartisan group looks to overhaul Social Security and help save it from financial ruin

The effort, led by Senator Dick Durbin, comes after a report found Social Security will only be able to pay out 78 percent of benefits in 2032

The Independent UK · Aug 11

6 End-of-Summer Money Tasks That Can Prevent a Costly Year-End Rush

August has an underrated financial superpower: there is still enough year left to fix things. Six end-of-summer money tasks can help organize taxes, retirement savings, benefits, and paperwork before November and December turn every calendar into a game of financial Tetris. The goal does not involve predicting the future or…

The Free Financial Advisor · Aug 11