Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including living paycheck to paycheck and having to pay for unplanned expenses. These obstacles can be challenging to overcome,

The Social Security Fairness Act removes provisions that reduced benefits for public employees and their spouses. Some Nevadans will see thousands in backpay.

This week, a select group of Social Security retirees in the United States will see their monthly payments rise to $5,000. Millions of beneficiaries will also experience a significant increase in their income,

Millions of Americans rely on Social Security, but many are also concerned about its dependability going forward. 60% of current retirees say their benefits are a major source of income, according to a 2024 poll from Gallup.

In a groundbreaking move, the Social Security Administration (SSA) has announced a significant increase of $360 per month in benefits for millions of retirees and beneficiaries.

The cost-of-living adjustment (COLA) applied to Social Security payments in any given year is based on CPI-W inflation from the third quarter of the previous year. In that sense, COLAs are a reimbursement mechanism to compensate retirees for the buying power benefits lost in the previous year.