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One of the perks of hitting retirement age is that you can qualify for senior discounts at restaurants, retailers, grocery chains, hotels and other establishments. Many of these discounts kick in ...
Reaching 62 years old is an important milestone for Americans because it’s the age at which you can start applying for Social Security retirement benefits. This doesn’t mean most Americans ...
You can maximize your benefits and gain more security in retirement if you sidestep these five common Social Security myths. 1: You can collect your dead spouse’s benefits and your own at the ...
In June, the 176-member House Republican Study Committee (RSC) approved a fiscal blueprint that would gradually increase the full retirement age to 69 years old for seniors who turn 62 in 2033 ...
Here are 10 places where it's possible for retirees to cover basic costs on Social Security alone: Albuquerque, New Mexico: Albuquerque homeowners age 65 and older pay a median of $1,078 per month ...
Some senior discounts kick in when you turn 50, which is also the age you can qualify for AARP membership. But the list of establishments that offer senior discounts grows even longer once you hit 55.
Currently, workers have 6.2% of their wages deducted from their paychecks for Social Security taxes. If that percentage increases, the financial impact for non-retirees will be smaller paychecks ...
Here’s how the math works out: Last January, Social Security recipients received a 5.9% cost-of-living-adjustment (COLA), which upped the average benefit check from, $1,564 in 2021 to $1,656.30 ...
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