Social Security: The Elephant in the Room
For most Americans, Social Security has represented nothing more than some unavoidable payroll deduction with the positively cryptic initials of “FICA” and “OASDI” (Federal Insurance Contributions Act and Old Age, Survivors and Disability Insurance). It hinted at a future that seemed both intangible and far away. Yet, some Americans now sit on the cusp of […]
Inflation & Your Money
“If the current annual inflation rate is 3 percent, why do my bills seem like they’re 10 percent higher than last year?”1 Many of us ask ourselves that question, and it illustrates the importance of understanding how inflation is reported and how it can affect investments. What Is Inflation? Inflation is defined as an upward […]
9 Facts About Social Security
Social Security has been a fact of retirement life ever since it was established in 1935. We all think we know how it works, but how much do you really know? Here are nine things that might surprise you. The content is developed from sources believed to be providing accurate information. The information in this […]