Minnesota is among a minority of states — just 13 — that impose a state-level tax on Social Security benefits. Why does Minnesota do that? The answer can be traced back to the overall design of our state's income tax system.
The importance of Social Security Opens a New Window. in relation to the financial well-being of our nation's retired Opens a New Window. workforce simply can't be overstated.
The average Social Security benefit for all workers in 2018 is just $1,404 monthly, or $16,848 yearly.
For married couples, claiming benefits "is a household decision, not an individual decision," says Paula McMillan, a certified financial planner in Greensboro,
Calls from scammers impersonating Social Security Administration officials ballooned in 2018, and panicked victims have already lost $10 million.
Department and agency heads can decide if certain employees need to work the day before Christmas.
Attorney General Jim Hood is warning Mississippians about an increase of fake calls targeting people’s Social Security Numbers.
Westchester's Department of Consumer Affairs is hearing from people worried about the latest twist to the old scam.
Delaying benefits will increase the size of your checks, but it's not the best strategy for everyone.
Presidents like to take credit for increases in Social Security, but is it the president, Congress or the Social Security Administration that decides when your check goes up?
Realistically, money earned today is worth more than money earned in the future, writes Philip Moeller.
Knowing when to collect your benefits and understanding the system’s complex rules can be vexing.
This little-known do-over clause could make Social Security regrets a thing of the past for recent retirees and today's working-age Americans.
The latest report on social security from the board of trustees has a grim outlook on the program ...
The best way to increase the Social Security coffers is to re-engage Americans to join the U.S. workforce again, and to get them working more hours.
The Social Security Administration may have shorted a reader's family member on spousal benefits. Also, are health-sharing plans a widely applicable solution for health-care costs?
Don't take your focus off of the variables that matter to you.
It's unclear why this little-known benefit exists, but millions of people still get it.
Turning 62 might not sound like a milestone birthday, but it is: That’s the earliest age the Social Security Administration (SSA) allows individuals to begin taking benefits from the system.
In October, the Social Security Administration announced recipients will get the biggest raise they’ve seen in 6 years; a 2 percent increase. The maximum benefit amount is also higher. In this week’s episode of Retire Ready, Chris Heerlein explains the changes to Social Security for 2018 and what that could mean for your retirement strategy and what impact it has for folks already drawing Social Security.