The new middle-class retirement plan: Working into old age – AOL
A new glimpse into how middle-class Americans think about retirement offers some surprising insights into how long they expect to live and keep working. Nearly half of middle-income Americans who are currently employed say they plan to work past age 65. study Survey by the Transamerica Center for Retirement Studies and the Transamerica Institute. While […]
3 Social Security Changes Retirees Need to Know About in 2024 – AOL
The United States has many great social security programs, but Social Security is arguably the most important. Approximately 53 million Americans receive Social Security retirement benefits, and for many of them, Social Security is their only or majority of retirement income. unfortunately, social security Retirement is not always easy, and retirees need to be prepared […]
Why Wall Street is unfazed by Medicare drug pricing threat [Video] – AOL
Wall Street concerns about anti-inflation price negotiations for the first 10 drugs in Medicare Part D plans appear to be fading. As the Sept. 1 announcement date approaches, executives at big pharmaceutical companies are signaling they are open to any eventual price cuts set by the federal government. On earnings calls in the past few […]
The Latest 2025 Social Security Cost-of-Living Adjustment (COLA) Forecast Has Some Great News for Retirees – AOL
social security Social Security has become an increasingly important part of many seniors’ retirement budgets. In Gallup’s annual poll, 60% say Social Security is their primary source of income, the highest level in more than a decade. An additional 28% say Social Security is at least an insignificant source of retirement income. Many seniors rely […]
Fifth Third Bank fined $20 million for opening fake accounts, forcing people into vehicle insurance – AOL
Fifth Third Bank has been fined $20 million for opening unauthorized accounts in customers’ names and forcing borrowers who already had auto insurance to sign up for the programs, the Consumer Financial Protection Bureau announced Tuesday. The bank must pay penalties in addition to compensation to 35,000 affected consumers, 1,000 of whom have had their […]