Roth Accounts’ Rise Brings Opportunity, Uncertainty for Savers
A tax policy expert shares how Roth contributions are impacting congressional priorities and decumulation strategies.
Tag: Social Security
US Adults Lack Confidence in Social Security Fix
Nearly 70% of respondents to a PlanGap survey said they were not confident the government would solve the funding challenge...
2027 Budget Cuts for DOL, EBSA Approved by House Committee
The budget bill proposes slashing the Department of Labor’s discretionary spending by 27%.
Most Savers Lack Clear Plan for Retirement Spending, per Corebridge
Pre-retirees will need to save six-figure sums to make up for gaps caused by cut Social Security benefits.
House Hearing Scrutinizes Social Security Commissioner’s Agenda
House Democrats raised questions over Commissioner Frank Bisignano’s claims that his agency is having its ‘best overall performance.’
Social Security Trust Fund Faces Depletion in 2032
The current estimate says the agency will have enough revenue to pay 83% of benefits due at that time.
Common Pitfalls Can Endanger Retirees’ Finances
Debt and risky investments can frequently lead to long-term retirement consequences.
Social Security Dependence Reveals Retirement Income Vulnerability
A recent survey from ZipRecruiter found 71% of retirees relied on Social Security as a primary income source.
Fink: ‘Diversification’ Could Fund Social Security
BlackRock CEO Larry Fink said adding diverse investment accounts could help the program profit from artificial-intelligence-driven gains in the stock...
Policy Uncertainty Is Affecting Retirement Psyche
Workers nearing retirement are delaying retirement and taking precautions as they fear inflation pressure, Social Security and government policies, Boston College research...
Working After Claiming Social Security ‘Quite Common,’ per Boston College
Research found that more than two-thirds of workers claiming Social Security first claimed benefits before age 67.
Senate Committee Debates Social Security Funding Proposal
The Senate HELP Committee also looked at proposals over ESG-oriented investing and early career savings.
Do Retirement Portfolios Need ‘Protected’ Income?
Acquiring annuities and delaying Social Security claims are important steps in goal-based retirement planning, according to a new white paper.
Retirement Expert Says Social Security Not ‘Going Bankrupt’
Social Security has survived past solvency crises, but it is not clear to industry expert Marcia Mantell what action Congress...
Social Security Benefits to Increase by 2.8% in 2026
The average monthly benefit for retired workers will rise to $2,064 from $2,008, starting in January, following the announcement of...
Only 10% of Pre-Retirees Want to Wait for Maximum Social Security Benefits
More than one-third of surveyed workers told Schroders they would not delay claiming Social Security until age 70 because they...
Social Security Commissioner Bisignano Named ‘CEO’ of IRS
Frank Bisignano is the first commissioner charged with overseeing operations of both government agencies.
House Committee Approves Bill to Change Social Security Terms
The bill would make several changes to terms that describe benefit claiming ages to help retirees better understand the impact...
Social Security Cost-of-Living Adjustment Foreseen as 2.7% for 2026
One month before Social Security’s official decision is expected, the Senior Citizens League predicts a slight increase in benefits for...
DOL to Stop Issuing, Accepting Paper Checks
Starting on September 30, the Department of Labor will transition to paperless checks, according to a notice published in the...