The Latest Breaking News from Social Security

If you have a significant amount in tax-deferred retirement accounts, you could be sitting on a tax time bomb. Luckily, there's a way to defuse the situation.

Warren Buffett has issued a stark warning about potential Social Security cuts. The billionaire investor emphasized the importance of maintaining current benefit levels, as millions of retirees depend heavily on these payments.

For millions of Americans, Social Security provides essential financial support in retirement. But what many don’t realize is that certain decisions involving your benefits can catch the IRS’s attention. From inaccurate reporting to suspicious withdrawals, some Social Security moves raise red flags that could trigger audits, penalties, or delays. Whether…

A longtime nurse approaching retirement recently posted on Reddit that he felt “defeated and cooked” after discovering a coworker had $460,000 more saved in their 401(k).