
Lee Conrad
Former senior editorLee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Lee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Some people have a hard time getting their one-time pass code to log on to their My Social Security account.
Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.
The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.
The holidays are fast approaching, which means it is time to start doing some year-end tax planning.
Millennials are already behind in savings compared to where their parents stood at similar ages.
Many of the bill’s provisions are taken from the Retirement Enhancement and Savings Act, which enjoyed some bipartisan support.
This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.
"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.
Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.
Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.