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The Latest Breaking News from Social Security

10 Most Expensive Cities for Seniors Where Your Social Security Check Won’t Last Two Weeks

If you’re living on Social Security, where you live matters more than ever. The average monthly benefit is about $2,071, but in some cities, that...

Saving Advice

Texas will require proof of legal immigration status to get professional licenses

Officials approved the change after hearing from speakers who argued it would hamper the state’s economy and push immigrants to work without licenses in the black market.

The Texas Tribune

Here’s how spousal benefits can boost your Social Security payment by thousands of dollars

‘Social Security gives you two doors, your benefit and your spouses, and the great thing is that you get to walk through the better of the two,’ one expert says

The Independent UK

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Trump Said Your 401(k) Is Up $30K — How To Tell If Your Retirement Savings Are Actually on Track

Comparing your savings to the average account balance actually tells you very little about whether or not your retirement savings are on track.

GOBankingRates

Middle-Class Workers: 4 IRS Rules That Help You Keep More Money

Taxes are one of the biggest expenses for middle-class workers, but the IRS actually offers a few rules and breaks that can help you keep more of your money.

GOBankingRates

US Treasury Shows £36.72 Trillion in Liabilities Against £4.66 Trillion in Assets — Who Pays as Debt Outpaces Everything Else?

The US government's liabilities have surged, outpacing its assets by nearly eight to one, with a net position deteriorating by £1.59 trillion in a year.

International Business Times UK

Social Security Overpayment Notices Are Rising — What to Do

A letter from the government rarely sparks excitement, but this one grabs attention fast. Social Security overpayment notices have started landing in mailboxes at a growing pace, and they don’t ask politely. They demand repayment, sometimes in amounts that feel shocking, confusing, or downright impossible to handle in one go.…

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4 Lesser-Known Tax Breaks Seniors Can Use To Maximize Refunds

If you're retired or approaching retirement, here are tax breaks worth having on your radar.

GOBankingRates

'I Didn't Even Know I Had a Pension': Retiree's Shock Discovery Reveals Common Mistake Millions of Americans Make

Many Americans forget or overlook the retirement benefits from past jobs for decades, only to realise they are entitled to a pension in their retirement.

International Business Times UK

I’m a Financial Planner: The RMD Timing Mistake Retirees Keep Making

GOBankingRates consulted with financial planners and experts to learn about the mistakes retirees make with RMD timing and how to avoid potential issues.

GOBankingRates

25 Most Livable Southern Retirement Towns

Explore GOBankingRates' ranking of the 25 most livable Southern retirement towns, highlighting low costs, retiree‑friendly taxes and high quality of life.

GOBankingRates

Why Working Longer Might Make Sense for Retirement, According to Larry Fink

Here's why Fink believes working longer might make sense for retirement.

GOBankingRates

25 Most Affordable US Mountain Towns for Retirees

Retirement doesn’t have to mean giving up mountain views. See which towns offer scenic living, lower housing costs and retiree-friendly budgets.

GOBankingRates

How Much You’d Need Saved To Replace a Social Security Check

Here's how much would retirees need saved to generate the same monthly income as a Social Security check.

GOBankingRates

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Saving Advice

Social Security Update: Why Your Next Check Might Look Different Starting This Week

If you checked your bank account this week and noticed your Social Security payment looks a little… different, you’re not alone. Millions of Americans are...

Saving Advice

New SNAP Rules in 18 States May Limit What Seniors Can Purchase at the Grocery Store

Approximately 7.2 to 7.8 million low-income older adults (aged 60+) in the U.S. rely on the Supplemental Nutrition Assistance Program (SNAP) to afford food. Major...

Saving Advice

A Growing Number of Americans Are Refusing to Retire—Here’s What They Know That Others Don’t

Retirement used to be the finish line—a moment to finally relax after decades of work. But today, that script is being rewritten in real time....

Fortune

Larry Fink says today's economic anxiety stems from people increasingly feeling like capitalism isn't working for them

"We are living through a period where things that would've defined a decade have become routine," Fink wrote.

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The Free Financial Advisor

8 Mistakes That Can Trigger a Social Security Overpayment Notice

A letter from Social Security demanding money back can hit like a financial lightning bolt. One day everything looks fine, and the next day a notice shows up claiming too much money landed in the account. That moment creates confusion, frustration, and one big question: how did this even happen?

Fortune

The Treasury just declared the U.S. insolvent. The media missed it

The Government Accountability Office can't even verify the books. Here's what Congress must do.

Everybody Loves Your Money

The IRS Credit Many Families Miss Every Year

A tax credit sits in the system right now that can put thousands of dollars back into a household budget, yet millions never claim it. Not because it hides behind complicated loopholes or requires expert-level knowledge, but because people either assume they do not qualify or never take the time…

GOBankingRates

64% of Americans Fear Going Broke in Retirement More Than Death: 7 Ways To Avoid Running Out of Money

Many Americans fear outliving savings amid inflation, taxes and Social Security uncertainty. Here are some smart ways to protect your retirement income.

GOBankingRates

7 Key Things Retirees Who Never Stress About Money Do Differently Each Month

Experts say calm retirees rely on systems -- not bigger portfolios -- to manage cash flow, automate decisions and handle market volatility. Read more now.

GOBankingRates

Full Retirement Age Just inched Higher: How Waiting One More Year Could Boost Your Monthly Check

Social Security will hit a major milestone in 2027 because it's the year people born in 1960 will turn 67 years old. This means they'll reach full retirement age (FRA), which is when you can claim...

GOBankingRates

4 Reasons Trump Likely Chose Florida as Residence — and Why You Should, Too

Native New Yorker, President Donald Trump now resides at his Mar-a-Lago home in Palm Beach, Florida.

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