President-elect Donald Trump has made a bold promise to eliminate federal taxes on Social Security benefits. For millions of retirees, it’s an enticing idea, conjuring visions of bigger monthly checks ...
The Social Security Fairness Act makes it possible for those who opted out of Social Security at some point during their career to receive more retirement benefits. It does this in two ways. First, it ...
Carrying a mortgage into retirement means seniors need more money as their housing expenses are higher when they must send a payment to a lender. This may make it seem like all seniors should focus on ...
Now the mortgage lender is threatening foreclosure unless the $44,000 balance is paid in full on the spot, something Ortega can’t do. He only learned the truth when he was served with the foreclosure ...
Most people who wait until 70 end up getting more lifetime income because life expectancies have climbed since the Social Security benefits formula was first calculated. If a higher-earning spouse ...
For most Americans, the full retirement age (FRA) is 67 — though, depending on when you were born, your FRA could actually be 66. Your age at retirement, in relation to your FRA, can greatly affect ...
JPMorgan Chase CEO Jamie Dimon isn’t one to sugarcoat his views on the economy — and his latest take on the stock market is anything but reassuring. “Asset prices are kind of inflated,” Dimon told ...
You’d think that the more money someone earns, the more financially stable they’re likely to be. So how is it possible for two people earning the exact same amount of money to wind up in opposite ...
It’s not every day that high-profile figures put their differences aside — but that’s exactly what just happened. During a recent appearance on CNBC, JPMorgan CEO Jamie Dimon was asked about Tesla CEO ...