Social Security is the strongest pillar of the U.S. retirement system. Nearly every American pays into the Social Security system, guaranteeing them a steady stream of benefits in retirement. As of ...

More than 2 million seniors receive spousal Social Security benefits, with an average monthly benefit of about $901 as of the end of 2022. Adding in the cost-of-living adjustments (COLAs) for 2023 and ...

Many people believe that once they reach retirement age, they can simply claim their Social Security benefits. And while that ...

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. If you’re grappling with the best way to plan for your retirement, understanding how to maximize ...

42 million Americans rely on financial assistance to meet their food needs. The Biden administration just increased aid to historic highs. On Monday, the Biden administration gave the green light to ...

I’m expecting to receive a 50 percent spousal Social Security benefit based on my husband’s work record. But if he applies for Social Security before his full retirement age, I know he’ll collect a ...

The maximum monthly Social Security check at age 62 is $2,572. The maximum monthly payment at 70 is $4,555. Waiting eight years to claim your benefits would result in a $1,983 increase. You can ...

Today's column addresses questions about how spousal benefit rates are calculated, whether it's possible to reapply to increase benefits and whether early spousal benefits would reduce later ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ST. LOUIS – Know your FIN number! This is ...

Q. If you stopped working at 60 but you don’t collect Social Security until 70, will there be an increase in payout between collecting at 66 or waiting until 70 even though you have not contributed to ...

Today's column addresses questions about divorcing and remarrying after 60 to allow survivor's benefits from a previous marriage, temporarily avoiding the deeming provision even if you were born after ...