Retirees

Social Security Administration to remove food assistance as SSI benefit barrier

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Sarah Wilson

Zeljkosantrac | E+ | Getty Images The Social Security Administration has issued a final rule that will prevent food assistance from reducing ...

How to Avoid the Social Security Tax Torpedo

Business
Jessica Roberts

A senior couple dealing with unexpected Social Security taxes, commonly referred to as the Social Security tax torpedo. While retirees may be ...

Retirees face significantly higher Medicare Part D drug costs in 2024

Business
Jessica Roberts

Fatcamera | E+ | Getty Images A new law is poised to cap seniors’ prescription drug costs covered under Medicare, starting in ...

How much to save to retire with $1 million if you earn $120,000 a year

Business
Jessica Roberts

If you’re making $120,000 per year, saving $1 million for retirement might seem out of reach. But with a little dedication and ...

Social Security may affect workers in 2024. 3 rules to keep in mind

Business
Jessica Roberts

In 2024, high earners may pay more Social Security taxes. Plus, working while receiving retirement benefits may have consequences. Here’s what to ...