Older Americans often ponder the best age to claim Social Security. You can claim it as early as age 62. But the longer you wait, the larger your monthly check, a bonus that maxes out at age 70. At 62, the average American can expect to live past 80. And based on simple longevity, you’ll […]
Beneficiaries of the US Social Security system are in luck. It has already been confirmed that the Administration will issue a payment of up to $2,000 to certain individuals, scheduled for March 19th, including retirees and individuals who are part of the Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI). In this sense, […]
The erratic strategies adopted by US President Donald Trump are astonishing and irritating Washington’s allies, causing fear among American consumers, denting investor confidence, fomenting uncertainty and hurting the established world financial architecture. The US administration under Trump has ratcheted up tariffs and brought about turmoil in stock markets, leading to corporate bankruptcies. US consumers may […]
Some of the 50 million-plus retirees relying on Social Security benefits are about to see their next check hit their bank accounts on Wednesday, March 19. The Social Security Administration (SSA) will also be sending out payments to those receiving disability benefits and survivor benefits—so plenty of folks are watching their mailboxes and bank balances closely. When […]
An Australian lawyer has sounded the alarm over the $3.5 trillion wealth transfer that Baby Boomers are about to pass on to younger generations. Will disputes are already rising due to growing wealth and Aussies are being warned they could “squander away tens of thousands” trying to get their inheritance if their loved ones don’t […]
President Donald Trump’s efforts to slash federal government spending have ignited a new debate about the future of Social Security. One idea that has been brought up before — privatizing the now public program — is getting new attention. BlackRock CEO Larry Fink said Wednesday he supports more individual ownership in Social Security, though he […]
BlackRock CEO Larry Fink warned of a growing retirement crisis, emphasizing that only employees at top companies benefit from adequate retirement planning while many Americans feel unprepared. He urges corporate leaders and politicians to rethink the system, acknowledging younger generations’ economic anxiety and suggesting older generations should work longer to restore trust and financial security. While […]
OKLAHOMA CITY (KFOR) — An Oklahoma City retiree says his Social Security benefits were suspended without warning — and with no explanation given when he reached out. He worries it may have to do with the place he was born, and ongoing Department of Government Efficiency (DOGE) cutbacks. The man, James McCaffrey, who was born […]
UBS is considering selling part of its asset management division that is largely focused on real estate investments, two people with knowledge of the matter told Reuters, as the bank looks to revamp the group’s smallest business unit. The business area under review includes mainly Swiss real estate assets and, according to one of the […]
State Street Corp. is at risk of losing a $52 billion pile of Swiss pension assets as citizens start to worry that their savings might become a bargaining chip in Donald Trump’s deepening trade war with Europe. Lawmakers in Bern are scheduled to vote on Thursday on a bill that seeks to order the state […]
Layoffs across the U.S. went up in February, reaching their highest levels since July 2020. That’s according to a recent report from Challenger, Gray & Christmas. The sector with the most layoffs was the government, led by Elon Musk’s Department of Government Efficiency. So how do you prepare for potential layoffs, no matter what industry […]
THE final round of March’s Social Security payments is being sent out to millions of Americans today, with some beneficiaries receiving up to $5,108. But for some, there’s even better news. A retroactive bonus could be on the way too, thanks to a major change in Social Security law. The Social Security Administration (SSA) distributes […]
