US Retirement System Matches Worldwide Average With C+ Grade
The US scored 63 on an overall index for pension coverage value, 23 points behind the No. 1 spot held...
Tag: Social Security
Social Security COLA Announced as 3.2% for 2024
Monthly Social Security checks will increase about $59, a lower increase than in recent years but still larger than the...
Temporary Budget Agreement Keeps 2024 Inflation Adjustments on Track
The Social Security COLA and IRS Contribution Limits will continue on schedule after a near miss on government shutdown.
Inflation Data Will Be Unavailable for 2024 Social Security COLA With Shutdown
The Social Security COLA would not be updated on the scheduled timeline of October 12 during a government shutdown.
FINRA Study Tests Senior Vulnerability to Social Security Scams
Older adults without cognitive impairment are still vulnerable to scams, FINRA and JAMA found.
Social Security COLA Projected at 3.2% Ahead of October Decision
The Social Security Administration will officially announce the adjustment rate on October 12, and it is projected at less than...
Lawmakers Look to Shield Student Loanees From Garnishment of Social Security Benefits
With student loan payments set to resume, Democrats in Congress proposed a bill last week that would prevent the government...
Nationwide Reports Americans Worry Social Security Will Deplete in Lifetime
A separate survey by F&G Annuities and Life found 44% of U.S. retirees have returned to work or are considering...
Prudential’s Three Pathways to In-Plan Retirement Income
The head of Prudential’s retirement strategy division discusses the firm’s key focus areas for getting guaranteed income annuities into participants’...
Fidelity Latest Victim of MOVEit Hacks via Vendor PBI
PBI Research Services announced that more than 371,000 customers at client Fidelity had personal data exposed in the breach.
One-Quarter of Pre-Retirees Expect to Delay Retirement, According to Nationwide
An additional 15% are unsure if they will ever be able to retire.
The Good Old Days: Was the Pension Era Really as Good as Its Reputation?
Experts point out the flaws in the often lauded 'pension past,' while discussing the benefits and potential of the 401(k)...
The ‘Other’ Retirement Income? Pair Passion With Part-Time Work, Experts Say
The stark reality for many Americans is that Social Security and savings may not be enough to meet their retirement...
Advisor Group Issues Alert for 2021 Vendor Data Breach Affecting Clients
Personal information exfiltrated from RRD’s corporate data system included users’ names, addresses and Social Security numbers.
Retirement Clearinghouse Issues Alert of IRA Data Breach
Firm alerts more than 10,000 people to watch out for identify theft after Social Security and IRA numbers may have...
EBRI Study: Inflation, Weak Stock Market Slashed Retirement Confidence
EBRI reports sharply decreased retirement confidence, driven primarily by inflation.
House Republicans Propose Exempting Social Security Benefits From Income Tax
Social Security reform bills keep coming this Congress, and this one would remove Social Security payments from the calculation of...
GOP Budget Plan Calls For Spending Cuts That Would Include Social Security Administration
The bill that passed the House yesterday would threaten delays in Social Security payments, according to an industry lobby group.
Social Security Uncertainty Bolsters Use Case for HSAs, Proponents Say
Because of rising health care costs and the predicted insolvency of Social Security, experts tout HSAs as a powerful tool to save up...
Recent Proposals to Reform Social Security
The options to reform Social Security will have to become more dramatic the longer Congress waits.