For retirement savers and retirees, the new year brings more than the usual inflation adjustments to retirement contributions. The retirement legislation known as Secure 2.0 will also continue…
Read more 3 Big Changes for Retirement Planning this yearHandsOffNYCare hired an LED truck to circle the Comptroller’s office all week as he decides whether to certify or reject the contract Photo by HandsOffNYCare A coalition of…
Read more NYC workers, retirees sue to block City’s shift to self-funded health plan | amNewYorkWASHINGTON — The Social Security cost-of-living increase will go up by 2.8% in 2026, which translates to an average increase of more than $56 for retirees every month,…
Read more Social Security recipients get a 2.8% cost-of-living boost in 2026As the oldest members of Gen X continue to turn 60 this year, the so-called “sandwich generation” is getting closer to the typical age for retirement (62, on…
Read more Gen X’s Retirement ‘Blind Spot’ Derails Financial Plans: Report | EntrepreneurWASHINGTON — WASHINGTON (AP) — The Treasury Department wants U.S. financial institutions to monitor for suspected Chinese money laundering networks handling funds that are used to fuel the…
Read more The Treasury Department wants US banks to monitor for suspected Chinese money laundering networksFirst of all, is this really what retirement looks like? If so, perhaps we should all sign up, no matter our age. In “The Thursday Murder Club,” an…
Read more Movie Review: Murder, she solved — Helen Mirren channels Angela Lansbury in ‘Thursday Murder Club’by: Katie Smith, Jeremy Tanner Posted: May 31, 2024 / 05:08 PM PDT Updated: May 31, 2024 / 05:08 PM PDT (NewsNation) — Retirees in Ann Arbor, Michigan,…
Read more Oregon town among top 20 in highest retirement income in USLaguna Beach, California Luciano Lejtman | Moment | Getty Images When most people think of Laguna Beach, California, they think of its scenic coves and beaches. But the…
Read more A city famous for its beaches is helping residents age in place. What to know if you want to stay in your home‘They should plan on their retirement age being increased’: Nikki Haley said at the recent GOP debate that she wants to raise the retirement age above 67 —…
Read more ‘They should plan on their retirement age being increased’: Nikki Haley said at the recent GOP debate that she wants to raise the retirement age above 67 — should you be worried?A senior couple dealing with unexpected Social Security taxes, commonly referred to as the Social Security tax torpedo. While retirees may be chagrined to discover that taxes don’t…
Read more How to Avoid the Social Security Tax TorpedoAraya Doheny | Getty Images When Dave Bernstein, 87, started working at the U.S. Postal Service in February 1970, he was making $2.35 an hour. To supplement his…
Read more Public workers may receive reduced Social Security benefits. There’s growing support in Congress to change thatJozef Polc / 500Px | 500Px Plus | Getty Images The Social Security Administration has announced a 3.2% cost-of-living adjustment for 2024. These benefit adjustments are made annually…
Read more Social Security cost-of-living adjustment will be 3.2% in 2024, well below this year’s record-setting increaseMarjorie Bloom was the victim of a “tech support” scam. She lost $661,000 in the fraud. Marjorie Bloom In the spring of 2021, Marjorie Bloom waited for a…
Read more How this 77-year-old widow lost $661,000 in a common tech scam: ‘I realized I had been defrauded of everything’An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments…
Read more Liz Weston: Why retirees may want to buy an immediate annuity nowAleksandarNakic | E+ | Getty Images The subject of Social Security was largely left untouched in the first Republican presidential debate. But worries about the future of the…
Read more 75% of people ages 50 and up worry Social Security will run out of money in their lifetimes, survey findsPeopleimages | E+ | Getty Images Is old-age income poverty too high? Consider this thought exercise: What is a tolerable poverty rate among American seniors? By one metric,…
Read more Are U.S. seniors among the developed world’s poorest? It depends on your point of viewLucy Lambriex | DigitalVision | Getty Images Despite a sizeable elderly and disabled population in the U.S., there is not enough affordable housing to accommodate those individuals. “For…
Read more Less than 5% of U.S. housing supply is accessible to older, disabled Americans. These changes may helpDETROIT — Mike Berent has spent more than 27 years rushing into burning houses in Detroit, pulling people to safety and ensuring his fellow firefighters get out alive.…
Read more 10 years since bankruptcy, Detroit’s finances are better but city workers and retirees feel burnedDETROIT — Mike Berent has spent more than 27 years rushing into burning houses in Detroit, pulling people to safety and ensuring his fellow firefighters get out alive.…
Read more 10 years since bankruptcy, Detroit’s finances are better but city workers and retirees feel burnedPHOENIX — Alondra Ruiz Vazquez and her husband were comfortable in Periwinkle Mobile Home Park for a decade, feeling lucky to own their mobile home and pay about…
Read more Low-income tenants lack options as old mobile home parks are razed
