Americans underprepared for longer lifespans and extended retirement years, study finds
A new study revealed that most Americans scored only 60 out of 100 on longevity preparedness, and nearly 40% face financial instability as lifespans increase.
New Social Security COLA release date confirmed amid government shutdown
Social Security's 2026 COLA announcement was delayed by the government shutdown but will be released Oct. 24, with experts projecting a 2.7% to 2.8% increase.
Some Americans will lose popular 401(k) tax break in major retirement rule change starting 2026
New IRS regulations are changing 401(k) catch-up contribution rules for workers aged 50-plus who earn over $145,000 by mandating after-tax Roth contributions starting in 2026.
Social Security recipients getting double payments this October due to calendar scheduling quirk
The Social Security Administration will send two SSI payments in October 2025, with one payment on Oct. 1 and another on Oct. 31 due to the 2025 calendar scheduling.
Trump admin signals Congress will need to consider all options as insolvency looms in 2034
Trump administration evaluates Social Security reform options as commissioner clarifies raising retirement age is not currently under consideration despite 2034 insolvency projections.
Hundreds of blue city retirees reportedly left waiting months for pension payments: ‘I need my money’
Nearly 300 Houston city retirees are still awaiting pension payments after accepting early retirement packages in May, with payments expected by September's end.
Social Security's estimated 2026 cost-of-living adjustment rises amid inflation uptick
The projection for Social Security's 2026 cost-of-living adjustment rose to 2.7% as inflation trends higher, as the program faces insolvency challenges in less than a decade.
Keeping Social Security from going broke requires tax hikes that will hit younger Americans for 6 figures
Social Security's trust funds are approaching insolvency in less than a decade as worker-to-retiree ratios decline, forcing Congress to consider painful tax hikes or benefit reductions.
Trump's 401(k) expansion order: What new investment options will be available?
President Donald Trump signed an order enabling Americans to include private market investments, commodities and infrastructure projects in their 401(k) account portfolios.
Tax changes will make Social Security go insolvent sooner than previous estimate
Social Security's chief actuary said in a letter that trust fund insolvency moved up due to recent tax changes, potentially triggering benefit cuts for millions in less than a decade.
Social Security to phase out paper checks nationwide as Trump pushes payment overhaul
The Social Security Administration will phase out paper benefit checks by Sept. 30, transitioning beneficiaries to direct deposit and Direct Express debit cards in most cases.
Social Security confidence hits 15-year low as younger Americans increasingly lose faith in system
A survey by AARP revealed Americans' overall confidence in Social Security has dropped to 36%, with only 25% of younger adults saying they had confidence in the program's future.
Social Security benefits face 24% cut in less than a decade as trust fund dries up, new analysis reveals
Social Security's retirement trust fund is facing insolvency by late 2032, potentially triggering a 24% benefit cut for 62 million retirees if Congress doesn't act, an analysis found.
These retirement hot spots are the priciest in America
Some retirement hot spots are more costly than others, according to a GOBankingRates analysis that identified the 30 U.S. cities that stood out as the priciest "retirement towns."
Retirement gold rush: 32,000 Illinoisans rake in $100K+ in pensions while state runs huge deficit
State data analyzed by the Illinois Policy Institute reveals the unrealistic and unsustainable nature of the state’s "Tier 1" pension.
Five major policies to know from the One Big Beautiful Bill Act
Republicans in Congress passed President Donald Trump's One Big Beautiful Bill Act, which extends a variety of tax cuts for Americans and businesses while creating new provisions.
Americans face vastly different retirement costs across states as Social Security cuts loom
A study calculated the amount of money a "comfortable" retirement would require without Social Security factored in and the associated yearly expenses a retiree would face in each U.S. state.
Social Security trust fund now projected to run dry in 2034, triggering massive benefit cuts
The Medicare and Social Security trust funds are lurching toward insolvency. Social Security is projected to cover only 81% of benefits by 2034 and Medicare just 89% by 2033.
New analysis projects Social Security's COLA for 2026 will be higher than previous estimates
A new analysis by The Senior Citizens League found the Social Security COLA for 2026 could be 2.5%, higher than previously projected after inflation ticked higher in May.
Retirement account balances dip in 1st quarter, but savers keep contributing
Retirement account balances dipped in the first quarter, but people kept socking away money for their golden years, according to new data from Fidelity Investments.