Tag: Personal income
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Emergency savings shortfall signals ‘danger’ for working households, Suze Orman says
A new survey shows even a $500 unexpected expense may throw households off track when it comes to big life goals like saving for retirement.
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Sanders proposes bill to stop Social Security benefit garnishment for unpaid student loans
Sen. Bernie Sanders, I-Vermont, announced a new proposal on Monday to protect federal student loan borrowers from having their Social Security checks garnished.
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What the results of a Connecticut congressional primary race may mean for Social Security
Rep. John Larson of Connecticut, an advocate for expanding Social Security, was ousted in a Democratic primary contest Tuesday.
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Social Security COLA estimates for 2027 fall as inflation moderates
New estimates show just how much Social Security benefits may increase in 2027, based on new government inflation data.
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Does the 4% retirement rule still work? New research points to another strategy to maximize income
When it comes to retirement income, diversifying with partial annuities may help make nest eggs last, new research finds.
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Fidelity says 2026 retirees may spend $185,500 on healthcare. One category may push those costs higher
A 65-year-old who retires in 2026 may spend an average of $185,500 on health and medical expenses in retirement, according to Fidelity Investments.
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Social Security cost-of-living adjustment estimate for 2027 falls as inflation cools
New estimates show Social Security’s annual cost-of-living adjustment for 2027 may be between 3.7% to 3.8%. Here’s what to know.
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Delaying Social Security reform raises risks for bond markets and the economy, research finds
Social Security’s trust fund that helps pay retirement benefits is projected to run out in late 2032. New research finds that may pose serious economic risks.
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Child care tax breaks can save families and businesses money — but few use them, congressional report finds
Child care can be expensive for both parents and their employers. Yet existing tax incentives to help defray those costs may go unused, a new report finds.
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New Wharton forecast puts Social Security trust fund depletion later than official projections
Social Security’s retirement trust fund may dry up in February 2033, according to a new report from the Penn Wharton Budget Model shared exclusively with CNBC.
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