Thursday, May 11, 2023

Retirement: Your Social Security check will probably get a smaller bump in 2024

As inflation eases, so will retirees' annual cost of living adjustment for 2024. How small could the increase be and how will seniors fare?
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Retirement

Thu May 11 2023

 
A visibly concerned senior citizen looking out a window.

As inflation eases, so will retirees' annual cost of living adjustment for 2024. How small could the increase be and how will seniors fare?

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Two adults looking at financial paperwork.
 

Is now the time to collect Social Security? 3 green lights to watch for

When to go ahead and collect Social Security can be a tricky question. Be on the lookout for these signs that you're ready to claim your checks.

Person using calculator at desk.
 

Planning for retirement? Consider these Social Security truths first.

When you're preparing for your senior years, be realistic about what role Social Security benefits will play in supporting you.

Serious person holding coffee mug and looking at document.
 

3 reasons to avoid a 401(k) for your retirement savings

A lot of people toss cash in 401(k)s just because they're there, and that could be a smart decision for some. But not all 401(k)s are created equal.

Person holding a pile of dollar bills.
 

Here's how to avoid making a $5,400-a-year Social Security mistake

The average person could be missing out on roughly $5,400 per year in benefits as a result of not fully understanding how their FRA works.

 

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