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  • Save Money. Don't Rely on Social Security Alone for Retirement.

    Trevor Filseth Social Security, Americas For a majority of elderly Americans, Social Security payments are the main source of their income. Here's What You Need to Remember: The average retirement account in the United States contains roughly $106,000, but fifty-eight percent of accounts have less than $40,000 in them, and a full third have less than $10,000. The nice thing about Social Security is that families generally do not have to save for it. Instead, the payments are provided by the...

    The National Interest
  • What's My Social Security Full Retirement Age?

    The year you were born determines when you become eligible for your full Social Security retirement benefit. Use our calculator to determine your full retirement age.

  • Working After Retirement? Expect a Tax on Your Social Security.

    Trevor Filseth Social Security, Americas Seniors with additional income are often taxed up to fifty percent on their benefits once their total income exceeds $25,000 (or $32,000 for married couples). Here's What You Need to Know: For Americans still at work, there is a fairly easy way to avoid taxation while collecting Social Security. The Social Security system has proven to be one of the most popular government programs in the United States. By sending out a monthly cash payment to retired...

    The National Interest
  • Social Security Only Covers 40% Of Most Americans' Retirement

    Ethen Kim Lieser Social Security, Americas Here's how you can still achieve a comfortable retirement. Here's What You Need to Know: Social Security can't cover everything. In recent years, Social Security benefits, which were largely designed to supplement company pensions and retirement savings, are being relied on more heavily than ever to fund a comfortable retirement for millions of Americans. However, do keep in mind that for an average Social Security beneficiary, the monthly...

    The National Interest
  • Could Privatizing Social Security Save the System from Collapse?

    Trevor Filseth Social Security, There would be an obvious political cost to this. Here's What You Need to Remember: A model for such privatization could be Norway’s investment fund, which has invested roughly $1 trillion in private assets, mostly stocks, around the world. Last year, the Norwegian fund gained roughly eleven percent in value, compared to Social Security’s measly 0.99 percent—meaning that in real terms, the Social Security fund actually lost money because its growth rate was...

    The National Interest
  • Retirement Weekly: The Social Security COLA and ‘inflation illusion’

    Next year’s Social Security benefits are likely to go up by more than any other year since 1982
  • Social Security Probably Won’t Be Cut—But Get a Retirement Fund Anyway

    Trevor Filseth Social Security, Some have used the notion of the cuts to encourage Americans to save more independently of Social Security. The Social Security Administration’s (SSA) new report—that the agency’s trust fund would run out in 2034, a full year ahead of schedule—raised alarm bells in Washington and among senior advocacy groups, who have fiercely pushed for benefits to be continued at their current levels or expanded. Once the SSA trust fund runs empty, Social Security will not be...

    The National Interest