Concern is rising among pre-retirees and younger, but more are getting professional help.
Crisis of confidence in the program is prompting many to claim benefits early.
The AFGE represents 43,000 employees of the Social Security Administration.
'Most voters didn't realize the millionaires tax included one-time sudden windfalls like the sale of a home,' one advisor says.
'As much as I might want to see some relief for my clients and myself, there should be a balance between revenue and expenses in the federal budget,' one advisor says.
State launches 9% rate for high earners.
While prices for some essentials continue to increase, it's likely that the cost-of-living adjustment will be much lower than 2023's.
Only 10% of non-retired Americans plan to wait until they're 70 to receive the maximum Social Security payment, Schroders survey finds.
Financial advisors say a bill recently introduced in Congress sounds good but would be difficult to administer.
The agency is responsible for distributing Social Security to more than 70 million beneficiaries and commands a $1 trillion budget.
Knock, knock, who’s there? Not the IRS anymore — at least not without an appointment.
This decades-old strategy no longer works. It’s time to reduce IRA balances, not increase them.
Its donors surpassed 1 million individual grants to charities for the first time in the organization’s history, Schwab said.
Internal Revenue Service says it is only just at the start of cracking down on those who try to hide their income or refuse to pay the taxes they owe.
With several major provisions of the Tax Cuts and Jobs Act due to sunset by the end of 2025, advisors should be talking to clients about their tax-deferred savings.
The deal will enhance the Chicago-based firm's tax advisory services for high-net-worth and business clients.
With the pool for Friday’s draw having grown to an estimated $560 million, advisors urge anyone experiencing a windfall to proceed cautiously.
Charities, shell companies and tax evasion schemes leave a Cleveland advisor in hot water.
The Senior Citizens League increased its estimate for the 2024 cost of living adjustment to 3%.
First rule: There must be at least a decade between 'I do' and 'I don’t.'
