Your Social Security filing age directly impacts your monthly benefits. The decision to file may be more complicated than you’d expect. Filing decisions affect spousal and survivor benefits in ...

When discussions about Social Security’s future arise, many assume the only options involve cutting benefits or raising taxes ...

Social Security retirement benefits are not plucked out of thin air, they are the product of a detailed formula that weighs your work history, your earnings, and the age you claim. Understanding how ...

Didn’t earn so much during your working years? It’s likely you’re still eligible for retiree benefits from the Social ...

If you haven't generated much income during your working years, you may still be eligible to receive retirement benefits from ...

Given that most people's FRA is now 67, it's a good idea for retirees to understand how much the average check at that age is ...

Over 50% of current Social Security recipients have cut living costs because prices rise faster than their benefits. Benefits have lost around 20% of buying power since 2010 due to the COLA formula ...

If you receive Social Security benefits, keep in mind that you likely need to pay taxes on that money. Like many parts of the tax code, it can be complicated to figure out whether – and how much – you ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Investopedia / Photo Illustration ...

The maximum possible Social Security benefit requires a long, highly-paid career. You can maximize your monthly payment by waiting until age 70 to claim. But it might not be worth waiting to retire ...

Age 62 is the earliest age to sign up for Social Security. If your full retirement age is 67, filing at 62 will mean slashing your benefits by 30% for life. If Social Security is extra money for you ...