Thursday, June 26, 2025

Retirement: How long will you wait for Social Security help? Anybody's guess.

The Social Security Administration is providing less information about caller wait times. Critics complain it's misleading the public. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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Retirement

Thu Jun 26 2025

 
WASHINGTON, DC - Sen. Elizabeth Warren (L) (D-MA) speaks during a press conference with Senate Democrats on Social Security at the U.S. Capitol on April 01, 2025 in Washington, DC.

The Social Security Administration is providing less information about caller wait times. Critics complain it's misleading the public.

Social Security card and a check from the U.S. Treasury sandwiched between hundred-dollar bills.
 

Retirees in these 9 states risk losing some of their Social Security checks

If you're not aware of your state laws, you could end up keeping less of your Social Security benefits.

A serious-looking person sits next to a laptop, focusing on a sheaf of papers and a calculator.
 

3 reasons I'll be taking Social Security long before age 70

Waiting as long as you can to claim benefits makes sense. There's a case to be made, however, for claiming Social Security earlier rather than later.

Beginning in 2025, we're talking about substantially higher "catch-up" contribution in 401(k) plans that applies to savers who turn age 60, 61, 62 and 63 during the calendar year.
 
For subscribers

New 401(k) savings limit set for Gen X and Baby Boomers

The 401(k) limit for 2025 for many savers is $23,500, but those working in their early 60s are allowed to save much more, if they can swing it.

An elderly couple holding hands.
 

The risks of Social Security privatization, according to experts

While the subject produces a lot of excitement, here's what they say could go wrong.

 

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