Knowledge gaps can lead to costly financial planning mistakes, so everyone should make an effort to stay informed.

Whether it keeps you solvent or just enhances your financial security in retirement, Social Security is likely to be an ...

A study published by the National Bureau of Economic Research in November 2022 found that 90% of workers ages 45 to 62 would maximize their Social Security by claiming benefits at age 70. Yet, less ...

So, anyone that claims Social Security as soon as possible -- thereby incurring the largest benefit reduction (30% for those ...

For recipients who began receiving benefits before May 1997 or who receive both Social Security and Supplemental Security ...

“FRA is 66 years and 8 months for people born in 1958 and 66 and 10 months for those born in 1959; people born May 2, 1958, ...

Social Security has a big birthday coming up next year -- it's turning 90! It's kept many millions of people out of poverty ...

Social Security benefits and SSI payments will increase in 2025, helping tens of millions of people keep up with expenses.' ...

However, the maximum Social Security payout does increase each year alongside the taxable earnings limit. The chart shows the maximum monthly retired-worker benefit at different claim ages in 2025.