A retired couple converted $95,000 to a Roth IRA thinking they controlled the timing of their tax bill. They did not account ...
A new analysis projects Social Security's main trust fund could be depleted by 2032, one year earlier than expected. Here's ...
Social Security collected $1.45 trillion in 2025 but spent $1.61 trillion, forcing the program to tap its trust funds to avoid benefit cuts. Without congressional action, Social Security's depleted ...
A year ago, the 2025 Social Security Trustees Report projected that the trust fund for retirement benefits would be depleted by 2033. The 2026 edition of this report is coming soon, and I expect that ...
For nearly a quarter century, Gallup has surveyed retirees to gauge their reliance on Social Security income and has found that 80% to 90% of retired workers rely on their monthly payouts, in some ...
Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. This voice experience is generated by AI. Learn more. This ...