Tag: Social Security
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These 2 Social Security Changes in 2025 Could Put More Money in Retirees’ Pockets
Social Security serves as a key source of income for millions of retired Americans today. But even though the program has been around for...
A boomer said he’s struggling to survive on Social Security after retiring early to care full-time for his wife
Robert Papalia, 74, retired early to care for his ailing wife, Marie.The couple's $5,000 monthly pre-tax retirement income is strained by medical bills and...
It’s My First Year on Social Security – How Can I Stop Taxes from Eating It Up?
As your first year of retirement progresses, it’s important to evaluate whether the financial plan you laid out to ensure your sustainable well-being is...
Trump’s Plan To Cut Social Security Taxes Is A Hit With Voters – But What’s The Catch?
Donald Trump has promised a $1.5 trillion tax cut to eliminate income taxes on Social Security benefits. While popular among voters, the proposal raised...
Why Working Longer to Max Out Social Security Isn’t a Sure Bet
As a 2022 report from the National Bureau of Economic Research noted, “Americans are notoriously bad savers. Large numbers are reaching old age too...