Many people decide to start collecting benefits at age 62, but that often doesn't make good money sense.
Would you be able to retire comfortably, let alone survive, without help from Social Security and Medicare?
Counting too much on Social Security is one of them. So is underestimating how long you'll live.
A new study says seniors who depend on Social Security have lost 32% of their buying power since 2000.
Beginning in May, those applying for benefits will only be able to receive them via electronic payment. If you're currently receiving checks, you have two years to make the switch.
Millions of Americans are doing it.
The two obvious choices are to trim benefits and/or increase taxes, but there are still tough decisions to make.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Joe Cantrell says he faces charges after trying to take advantage of the retailer's policy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.