Social Security

Setting up an investment account for every newborn, with the federal government seeding it with $7,000, might be a solution to the looming crisis.

Retirees are advised to adopt a less aggressive approach to investing and reduce their risk exposure.

Retirees should not underestimate the impact of taxes on their income after they leave the workforce, as their tax liability could reduce substantially their net earnings.

The Senior Citizens League says that seniors on Social Security can expect an increase in cost of living adjustments not seen since 2012.

The Senior Citizens League says that seniors on Social Security can expect an increase in cost of living adjustments not seen since 2012.

A new report indicates that projected medical expenses of a 45-year old couple, after they retire, will be 122% of their total Social Security benefits.

A new report indicates that projected medical expenses of a 45-year old couple, after they retire, will be 122% of their total benefits.

Women often have more years of low income—or no income—at some point in their careers.

Women often have more years of low income—or no income—at some point in their careers.

An expert warns that "the buy, hold and forget" strategy would only work in bull market conditions.

Seniors who have remarried may still qualify for a Social Security divorced spousal benefit on their ex-spouse's record.

Participants can make the most out of their plan by taking advantage of their employer's matching contribution.

Retirees are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

Those who leave the workforce are automatically enrolled in Medicare by the time they reach 65 if they are already collecting their Social Security benefits.

Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn overcame some common pitfalls.

Low-cost passive index funds and sticking to an asset allocation plan even during a market downturn allow employees to overcome common pitfalls.

The President's budget is expected to call for spending cuts on programs intended to help lower income households, while keeping programs designed to assist older people.

More people are taking part-time jobs providing housekeeping and other services to seniors who are living independently.

More people are taking part-time jobs providing housekeeping and other services to seniors who are living independently.

Continuously increasing the FRA is particularly hard on lower-income workers because they tend to retire early.