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RETIREMENT BENEFITS INCREASE
Social Security payment October 14: Who gets a check next Wednesday, who waits until October 21 or 28 and what to know about 2027 COLASocial Security payment October 14: Social Security payments are scheduled for October 14, October 21 and October 28, depending on benefici...
Why a big 2027 Social Security COLA raise may not feel bigger: Here’s what could take back part of the increaseThe 2027 Social Security COLA could rise by about 3.5% to 3.6%, but a bigger check may not mean more money to spend. Higher Medicare Part B...
US jobless claims hover near 57-year low for fourth consecutive weekIn a recent report, weekly unemployment claims saw a slight drop of 2,000, totaling 197,000, which suggests some stability within the job m...
US weekly jobless claims fall as layoffs remain lowClaims have held near 57-year lows for four straight weeks, consistent with what economists said remained a "low-hire, low-fire" labor mark...
The American Dream now costs $5.3 million, even a college degree may leave you $1.2 million shortThe pursuit of the American Dream has become a hefty endeavor, now costing an average of $5.3 million across a lifetime for many workers. T...
Canada Grocery Benefit 2026: Thanksgiving turkey dinner for family of 4 costs $35.72, up 10% from 2025; how families can cut grocery costsRecent data reveals that Canadians are benefiting from a 25% increase in the Canada Groceries and Essentials Benefit. Despite this, the esc...
Is Social Security retirement age changing? Understanding what could change under the Claiming Age Clarity ActSocial Security claiming rules could soon use new terminology under the Claiming Age Clarity Act. The bill would change how key claiming ag...
‘Increase maximum EDLI benefit to Rs 10.50 lakh’: Why this BJP MP wants government to take immediate actionIn a bid for better financial security, BJP MP Ajit Gopchade has urged Prime Minister Narendra Modi to enhance the Employees' Deposit Linke...
Turning 60? The IRS' $11,250 catch-up could boost your retirement savings in 2026 - here’s who qualifiesWorkers turning 60 to 63 in 2026 have a higher catch-up contribution limit for workplace retirement plans. This enhanced limit allows contr...
Business owners, check this now: Group health premiums are fully deductible in 2026, and many owners still overlook these savings todayBusiness owners reviewing 2026 taxes shouldn't overlook employee health benefits. Group health insurance premiums are fully deductible, whi...
Social Security October update: 4 major changes coming soon that could affect your 2027 benefitsSocial Security October update: Social Security’s October update is expected to reveal four key changes for 2027, including the cost-of-liv...
Can divorced Americans get Social Security benefits? What is the 10-year 'Marriage Rule' - Check spousal benefits eligibility and how much you could receiveDivorce does not automatically end eligibility for Social Security benefits linked to an ex-spouse's work record. Individuals married for a...
Social Security’s 2027 “Trump Bump” could be big: How much could your check rise, and what’s the catch for retirees?Social Security checks are likely expanding next year. The exact increase remains weeks away, but early data points toward a 4.7% Cost-of-L...
Woman earns $60,480 but claims Social Security at 62, SSA can withhold her full benefits. Here's the mathSocial Security regulations establish varying earnings thresholds and benefit reductions for retirees at different stages of retirement. Fo...
Could October’s 2027 Social Security COLA look bigger on paper than the raise retirees actually see after Medicare costs?On October 14, official September inflation figures will finalize the 2027 Social Security cost-of-living adjustment. Forecasts center on 3...
Many Americans overlook this: The new $7,500 IRA limit is one of the simplest ways to save on taxes in 2026, and it is still open todayThe 2026 tax rules quietly give retirement savers more room to plan. The IRA contribution limit has climbed to $7,500, while 401(k), 403(b)...
Social Security COLA 2027: Latest forecast, likely increase, and why it may be a bad news for retirees?Anticipation surrounds the October 2026 announcement by the Social Security Administration regarding the 2027 Cost-of-Living Adjustment (CO...
Social Security claiming age names could change: Will your benefits change? What new labels for ages 62, 67 and 70 really meanCongress has cleared a bill that would give Social Security’s key claiming ages new names. The proposal would call 62 the “minimum monthly ...
Could you claim full Social Security at 60? New bill targets blue-collar workers — here’s who may qualifySocial Security faces an impending financial wall. Most lawmakers looking at the math suggest raising the retirement age to keep the trust ...
How much should you have saved for retirement by age? Here’s what the data showRetirement savings reveal a stark contrast in average versus median values among different age brackets. For example, a typical 67-year-old...