Why 2032 Could Quietly Become the Year Everything Changes for Social Security
If you work and pay into Social Security throughout your career, you may not be happy to see those taxes come out of your wages each pay period. But what may soften the…
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Maurie Backman
Retirees Could Lose Thousands With This Common Social Security Mistake
For millions of Americans, deciding when to claim Social Security is one of the biggest financial choices they’ll make in their lifetime. That’s because the timing of those claims impacts monthly benefit payments. You’re…
Social Security Cuts Edge Closer to Reality. How Much of a Drop Should You Plan For?
There’s perhaps no more critical source of income for retired Americans than Social Security. The average retirement benefit today amounts to roughly $2,801 per month. And while that’s not exactly a huge retirement salary,…
Inflation Report Resets 2027 Social Security COLA Estimate
For retirees on Social Security, October tends to be an important month. That’s when the Social Security Administration typically announces key changes to the program. These include the annual wage cap, the program’s maximum…
Retirees on Social Security Just Got Their 2027 COLA: Here’s What 3.6% Means for Your Check
The Social Security Administration officially announced a 3.6% cost-of-living adjustment for 2027 on October 14, 2026, the largest annual increase in four years. Starting in January, the boost will add roughly $75 per month…
Social Security Cuts May Be Coming. Here’s the Claiming Strategy to Ease the Blow
For years, Americans have heard warnings that Social Security is facing major funding problems. Now, as projections continue to show that the program’s long-term finances are precarious at best, many people may be growing…
Reasons to Use a Credit Card Over a Debit Card
Credit cards often get a bad reputation because they can easily generate debt due to overspending and high interest rates. However, when used responsibly, they can actually offer several advantages over debit cards. Credit…
Hoping for a Larger Social Security COLA in 2027 Could Backfire
Millions of older Americans rely on Social Security to cover their costs. And thankfully, Social Security benefits are eligible for an annual cost-of-living adjustment, or COLA. Without COLAs, Social Security benefits would not be…
Forget the Senior Deduction. The Other OBBBA Tax Breaks Most Workers Are Missing.
When the One Big Beautiful Bill Act (OBBBA) was signed into law in 2025, there was one provision that got a ton of attention — the new senior tax deduction. That deduction is available…
Forget the CAPE Ratio. This Other Buffett Indicator Just Crossed a Line
Your goal as an investor is to make money, hopefully by buying quality stocks and holding them for many years. And while you don’t necessarily want to try timing the market, it’s important to…
The 12-Month Social Security Do-Over Most Retirees Don’t Know About: It Could Pay You Over $1,100 More for Life
When it comes to retirement, one of the most important decisions you might have to make is figuring out when to file for Social Security. Your monthly benefit will be determined based on your…
Trump Only Partly Delivered On Social Security’s ‘No Tax’ Promise
When President Trump was running for office, he made Social Security a pretty notable talking point. And one thing he promised to do was get rid of taxes on Social Security benefits. There’s a…
April Jobs Report Resets Social Security COLA Forecast
Even though it’s only May, at this stage of the year, a lot of seniors are eager to know what next year’s Social Security cost-of-living adjustment (COLA) will amount to. Inflation has soared since…
Dave Ramsey’s Stealth Social Security Strategy May Not Work For You
When it comes to claiming Social Security, you have many options. You could sign up for benefits as early as age 62. But if you don’t wait until full retirement age (FRA), which is…
Buffett’s Final $373 Billion Move Before Retiring. History Says This Is What Comes Next.
When Warren Buffett officially stepped down as CEO of Berkshire Hathaway on December 31, 2025, handing the reins to Greg Abel, he didn’t go out quietly. Instead, he made one last, massive portfolio shift.…
How Social Security Benefit Cuts Should Change Your Retirement Planning
Social Security serves as a critical income stream for millions of retirees right now. But in the coming years, the program is facing a crisis. Social Security relies primarily on payroll tax revenue to…
Greg Abel Just Quietly Dumped a Major Berkshire Holding. Here Is What Buffett’s Successor Is Buying Instead.
When Warren Buffett officially retired on December 31, 2025, it marked the end of a six-decade era at Berkshire Hathaway. Greg Abel took the CEO role on January 1, 2026, and his first full…
Buffett Said Be Fearful When Others Are Greedy. By One Measure, This Is the Greediest Market in 25 Years.
There are few investors who tend to be quoted as heavily as Warren Buffett. And there's a reason for that. As the long-time chairman of Berkshire Hathaway, Buffett is known not just for his…
Working Past 70 Does Not Grow Your Social Security Check — Or Does It?
In the context of Social Security, 70 is an important age. It’s generally considered the latest age to claim benefits, even though you can technically file later. You’re eligible for your monthly Social Security…
Social Security Is Taxed in These 8 States in 2026. The Other 42 Don’t Touch It.
Social Security benefits come from decades of payroll contributions, making their taxation particularly frustrating for retirees. The One Big Beautiful Bill Act's new $6,000 senior deduction temporarily shields most recipients from federal taxes on…