Most older adults will rely on Social Security to some degree in retirement. A whopping 88% of current retirees depend on their benefits, according to a 2024 poll from Gallup, with 60% of that group saying Social Security is a major income source. Some retirees even rely on their benefits as their only source of […]
As debates about Social Security’s future heat up on social media, it’s clear that concerns about retirement are not just for older adults anymore. With the economic landscape shifting and the future of public benefits uncertain, understanding what retirement looks like financially has become crucial for all ages. Don’t Miss: According to recent findings from […]
Rockaa / iStock.com Income gaps that exist in the working world continue once you start collecting Social Security retirement benefits, although on a smaller scale. Benefits are based on the amount of money you earn during your career. The higher your earnings, the higher your retirement check. Similarly, Americans in the lower income classes will […]
LONDON (AP) — A Moroccan asylum-seeker who stabbed a British retiree to death in revenge for Israel’s war against Hamas was sentenced Friday to at least 45 years in prison for what the judge termed a terrorist act. Ahmed Alid told police after his arrest that he’d killed 70-year-old Terence Carney in the northeast England […]
Florida retiree can’t claim Social Security benefits after finding out he’s not a US citizen 60 years later He lived a complete life in the U.S. He went to school, worked in law enforcement, got married, raised a family, paid his taxes and voted in elections. But in 2020 — when Klass was gearing down […]
May 10—Ohio Attorney General David Yost has opened an investigation into State Teachers Retirement System pension board members over a possible takeover by private interests, according to the attorney general’s office. “Pension board members are required by law to act in the best interest of the teachers whose money they invest,” Yost said. “I will […]
The recent 2024 Hometown Heroes charity motorcycle event in St. Johns County raised about $63,000, portions of which will help an Army veteran rebuild his life after a training accident left him paralyzed from the waist down. About $20,000 will be used for scholarships at HorsePlay Therapy’s RiseUp program, which has provided assisted equine therapy […]
ljubaphoto / Getty Images Leaving the workforce and retiring is a major life change. Whether you’re planning to take the leap soon or decades from now, being financially prepared is a must. Therefore, you’ll want to know how much you may receive in Social Security benefits each month. This can help you determine the amount […]
LONDON (AP) — An asylum seeker from Morocco who went on a vicious rampage following the Oct. 7 Hamas attack that triggered the Israel-Hamas war was convicted Thursday of murder for stabbing a 70-year-old man in the streets of an English seaside town. Ahmed Alid, 45, stabbed Terence Carney six times on Oct. 15 in […]
‘Struggling to survive’: Pennsylvania retiree slapped with lifetime penalty for delaying Medicare sign-up when she was ‘too poor to afford insurance’ — how you can avoid this costly mistake When it comes to Medicare, one seemingly minor misstep can saddle you with a lifetime of misery. Marian Leonard learned this the hard way. When she […]