A recent report from Morningstar revealed that the New Saver’s Match, set to begin in 2027, could have a huge impact on retirement savings, especially for single women, Black and Hispanic Workers Can Increase Retirement Wealth. This new program is designed to help low- and middle-income earners by offering a 50% matching contribution from the … Read more
Retirement is an important milestone, but it doesn’t mean the process is over. Even after retiring, Social Security has certain rules that retirees must follow to keep receiving their benefits. One key rule applies to those over 65 who continue working—earning too much money could lead to reduced Social Security payments. The Social Security Administration … Read more
If you’re planning for retirement there’s an important update you should know. Starting in 2025, the government’s Social Security rules are changing, including adjustments to change the retirement age and benefits. While you can still begin collecting Social Security at 62, waiting longer will increase your monthly payments. If you were born in 1960 or … Read more
When deciding when to claim Social Security Benefits by Retirement Age, timing plays a crucial role. The age at which you choose to start receiving payments determines how much you will collect each month. According to the Social Security Administration (SSA) the average monthly retirement benefit in 2025 is $1,783.55. However this amount varies based … Read more
Social Security Disability Insurance (SSDI) payments continue to follow their phased schedule this January and February 2025. The Social Security Administration (SSA) has set payment amounts for eligible beneficiaries reaching up to $1,530. $4,018 Disability Final SSDI Payment for January 2025: A Look at the Schedule SSDI payments are divided across the month based on … Read more
In the coming weeks, eligible individuals in the United States could see a Direct Deposit of around $1,832 in their bank accounts. This payment is part of a federal benefit program aimed at providing financial support to those who qualify. There are also additional payments that may be available, but eligibility depends on specific criteria. … Read more
Retirement is an exciting phase of life, but planning where to live can make all the difference in how far your savings and Social Security go. While the average Social Security payment is $1,976 per month ($23,712 annually), some states make it easier to live comfortably on that income. Let’s explore the top ten states … Read more