If you are married and plan to collect social security, here's what you should know about spousal benefits.» Read More
CNBC's Sharon Epperson shed lights on how to maximizing your social security benefits, and pros and cons of different retirement age plans.
Data says more than 6 million Americans listed as 112 or older who have "active" Social Security numbers. Ironically, there's only 35 people over 112 in the entire world. CNBC's John Harwood reports on Social Security fraud.
Your retirement may be at risk, and the rising costs of Social Security, public pensions and health care are the primary reasons why.
CHICAGO, March 12- If you are counting the days to retirement because you hate your job, career expert Kerry Hannon has a message for you: "Stick with it." An annual survey on retirement by the Employee Benefit Research Institute consistently finds that about half of workers retire earlier than they expected- and that job burnout is a key factor.
Due to bad records, some Social Security numbers for people age 112 and older are still listed as alive—and some claim to be working.
BEIJING, March 10- China's pension fund will come under tremendous pressure to break even in coming years and as such, the government needs to gradually raise the official retirement age to salvage the finances, a top official said on Tuesday. Analysts have long warned about China's state pension crisis and the severe funding shortage, with some estimating that...
NEW YORK, Feb 26- When Wanda Simpson reached retirement a couple of years ago, the Cleveland mom had an unwelcome companion: Around $25,000 in debt. New data reveal that Wanda Simpson has company- and plenty of it. Among families headed by those 55 or older, 65.4 percent are still carrying debt loads, according to the Washington, D.C.- based Employee Benefit Research...
That is good news for patching up household balance sheets damaged by years of lost employment and savings, and also for boosting future Social Security benefits. Social Security is a benefit you earn through work and payroll tax contributions. Your Social Security benefit is calculated using a little-understood formula called the Primary Insurance...
Monthly benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announces.
Credit cards are in focus after recent data breaches, but a real culprit in ID theft is the SS number, says the chief analytics officer at LifeLock.
CNBC's John Harwood reports the details from the Social Security & Medicare Trustee Report, which informs Medicare will have sufficient funds until 2030, and disability insurance within social security will be insolvent in late 2016.
Slower growth in healthcare spending is shoring up the funding outlook for the federal Medicare program that covers hospital bills for the elderly.
Former Sen. Bob Kerrey, (D-Neb.), shares his thoughts on raising the eligibility age for receiving full social security benefits. I'd probably raise it to 68 or 69-years old over the course of 30 thirty years, says Kerrey.
A crisis of GM proportions awaits the US if we don't fix some big problems like tax reform and Social Security, says Loews co-chair Andrew Tisch.
Americans are worried about their retirement savings, as the once-dependable foundation has crumbled. The Fiscal Times reports.
As the program's funds dry up and its insolvency hovers less than two years away, Congress remains quiet on the issue.
Married same-sex couples are recognized by the federal government and some states, but couples still must watch for pitfalls.
A new study finds that the typical 401(k) would erase $70,000 from an average worker's account over a four-decade career.
The US is going through old records and can now seize tax refunds of the children of people it overpaid on Social Security.
Checks to Americans, for entitlements, welfare or other transfer payments, will make up 70 percent of all the money the government spends this year. Jared Bernstein, Center on Budget & Policy Priorities, and Jim Pethokoukis, American Enterprise Institute, provide perspective.