Financial Planning

If you expect to continue working during your 60s, 70s, or beyond, consider the advantages and disadvantages carefully. Although working can enhance your retirement years in many ways, you may also face unexpected consequences, particularly when it comes to Social Security. ...

You don't want to pay more federal income tax than you have to. One way to save is to postpone your income to minimize current income tax liability. When you eventually report the income, you may be in a lower income tax bracket. ...

More than 66 million Social Security beneficiaries will see a 3.2 percent cost-of-living adjustment (COLA) in the new year. On average, Social Security retirement benefits will increase by more than $50 per month, starting in January 2024. ...

Some Medicare Advantage beneficiaries receive Medicare flex cards, pre-paid debit cards for qualifying expenses, as part of their benefits. The U.S. government does not issue Medicare flex cards. This benefit is only available on select Medicare Advantage plans, a private alternative to Medicare. ...

The No Surprises Act is a federal law enacted to protect patients from unexpected medical bills. It aims to eliminate surprise medical billing, an issue that affects older adults far more than anyone else. ...

Do you want to re-enter the workforce, but aren't sure how to do it? You might want to check out a series of free online workshops to sharpen your job-hunting skills. ...

As we approach retirement, one of the first things we think about is getting our Social Security. Here are answers to a few questions commonly asked about Social Security and budgeting for retirement. ...

Social Security's online learning resources for educators are great for teaching others about Social Security. Chances are that a student will know someone who receives retirement or disability benefits. These educational resources help communicate information about our programs to a new audience and show them how our programs can help people other than retirees. ...