Social Security Benefits Increase in 2019

Social Security Benefits Increase in 2019

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Social Security Benefits Increase in 2019 Seniors received good news about Social Security. Recipients will be getting a 2.8 percent cost-of-living adjustment (COLA) for 2019, bringing the average monthly benefit up from $1,422 to $1,461.¹ 2.8 percent increase More than 67 million Social Security beneficiaries will see a...

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America Prepared to Retire

Is America Prepared to Retire?

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A look at some ways to get ready.   Are Americans saving enough? Only 19% of U.S. adults describe themselves as “very confident” when asked about their savings. Worry spots include retiring without enough money saved (16%) and anxiety about having a “rainy day” emergency fund (14%)....

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Social Security by the Numbers

Social Security by the Numbers

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Facts about the federal Old-Age, Survivors, and Disability Insurance (OASDI) program.   Social Security has been a pillar of retirement life for several decades, but how much do you really know about it? Here are some facts that might surprise you: The Social Security trust fund exceeds the...

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Certain Uncertainties in Retirement

Certain Uncertainties in Retirement

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Two financial unknowns may erode our degree of confidence.   The financial uncertainties we face in retirement may risk reducing our sense of confidence, potentially undermining our outlook during those years.   Indeed, according to the 2018 Retirement Confidence Survey by the Employee Benefits Research Institute, only 17% of...

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