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October 18, 2019
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Social Security

CBS US News

Social Security benefits to rise by $24 a month

CBS News
Almost 70 million retirees will see a 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing for more protection from inflation. The increase amounts to $24 a month for the average retired worker, according to estimates released...
CNBC Business

Social Security checks will get a 1.6% increase in 2020

CNBC
The Social Security Administration has announced its annual cost-of-living adjustment. Here’s how much retirees’ checks will be in 2020, and how that compares to previous years. Source link: Click here for more
CNBC Business

Here’s what Congress may do to fix Social Security this fall

CNBC
The House of Representatives may vote on a measure to extend Social Security’s solvency. Here’s a look at what legislators could do this fall to fix the nation’s insurance program. Source link: Click here for more
CNBC Business

These are the taxes Elizabeth Warren has proposed in the 2020 race

CNBC
Sen. Elizabeth Warren has garnered a reputation in the presidential campaign for having a plan for everything. Here’s a look at her tax proposals. Source link: Click here for more
CNBC Business

Botching this decision could cost you your retirement savings

CNBC
Most companies give their workers a variety of ways to take their 401(k) savings once they’ve parted ways. Here are the choices available. Source link read more click here
CNBC Business

Here’s how Democratic presidential candidates would fix Social Security

CNBC
Democratic presidential candidate Sen. Bernie Sanders (I-VT), former Vice President Joe Biden, and Sen. Elizabeth Warren (D-MA) interact on stage during the Democratic Presidential Debate at Texas Southern University’s Health and PE Center on September 12, 2019 in Houston, Texas. Win McNamee | Getty Images When it comes to changes...
CBS US News

American “economic refugees” are increasingly retiring abroad

CBS News
Cynthia and Edd Staton are thoroughly enjoying retirement in their 3,000 square-foot penthouse apartment. They have a housekeeper, eat out frequently, never fret about health care costs, and indulge in yoga classes and visits to the gym. It’s a fine way to spend their golden years — in Ecuador. The...
CNBC Business

This score can tell how financially prepared you are for retirement

CNBC
You know you need to put money away for retirement. But how much do you really need to save? It’s a question that confounds many individuals. And not knowing can contribute to one big fear: that they will run out of money in their later years. A new tool aims...
CNBC Business

How much will I receive

CNBC
The first monthly Social Security check was cashed in 1940 for a grand total of about $23. Fast forward to 2019 and the average retired worker gets almost $1,500 a month from Social Security. Nearly nine out of 10 people aged 65 and older receive benefits, making it an essential...

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