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As a record 8.7% increase in the Social Security cost of living begins in 2023, here's what recipients should look for in annual statements

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements

Catherine Ziegler | Digital vision | Getty Images As inflation kept prices high in 2022, Social Security recipients can expect a record cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 due to an increase in the cost of living,” the Social Security Administration says in the annual statements it …

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements Read More »

Democrats' Push to Expand Social Security Isn't Fair to the Taxpayer

Democrats’ Push to Expand Social Security Isn’t Fair to the Taxpayer

NEWYou can now listen to Fox News articles! Americans are afraid of retirement. Barely half of working-age Americans believe that Social Security will provide them with the same benefits that retirees receive today. More than two-thirds of Americans worry that workers cannot save enough on their own to ensure a secure retirement. After nearly four …

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I'm 56 and plan to retire at 62.  I will have both public pensions and social security - but I also have a child starting college that I want to pay for.  Do I need professional help?

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help?

Getty Images/iStockphoto Question: I’m 56 and work for a state university, so I will have a state retirement plan. Previously, I worked full time and contributed to social security for 20 years. I still work part-time and contribute to social security. I plan to retire in six years when I turn 62, and recently started …

I’m 56 and plan to retire at 62. I will have both public pensions and social security – but I also have a child starting college that I want to pay for. Do I need professional help? Read More »

This AI chatbot is dominating social media with its frighteningly good essays |  CNN Business

This AI chatbot is dominating social media with its frighteningly good essays | CNN Business

CNN — Imagine if Siri could write you a college essay, or if Alexa could spit out a Shakespeare-style movie review. Last week, OpenAI opened up access to ChatGPT, an AI-powered chatbot that interacts with users in a strangely compelling and conversational way. His ability to providing long, thoughtful, and thorough answers to questions and …

This AI chatbot is dominating social media with its frighteningly good essays | CNN Business Read More »

People have a 'long social distance' due to COVID-19.  Economists say this contributes to a decline in labor force participation.

People have a ‘long social distance’ due to COVID-19. Economists say this contributes to a decline in labor force participation.

More than two years into the coronavirus pandemic, a desire for social distancing still prevents some people from returning to work. It’s a decision, say medical experts, that everyone should make for themselves, based on their own circumstances. Some economists say, however, that people withdrawing from work due to the pandemic can also impact the …

People have a ‘long social distance’ due to COVID-19. Economists say this contributes to a decline in labor force participation. Read More »

‘Sweden has a poverty problem’: Social stores offer food at bargain prices

PA plump and prosperous Sweden, with its reputedly generous welfare system and abundance of green energy, should – in theory – be better equipped than most European countries to withstand the blows of the cost of living crisis on the continent. In terms of GDP per capita, it is the fifth richest member state in …

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Migration to other social media platforms shows no signs of slowing after Elon Musk's chaotic Twitter takeover, report says

Migration to other social media platforms shows no signs of slowing after Elon Musk’s chaotic Twitter takeover, report says

A new report released on Friday revealed that the #TwitterMigration shows no signs of slowing down. Amid Elon Musk’s takeover of Twitter, users are joining other social networks like Mastodon. Mastodon is growing by about 1.5 million new users per month, according to Dewey Digital. Loading Something is loading. Thank you for your registration! Access …

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There's Bad News About the Big Social Security Rise of 2023

There’s Bad News About the Big Social Security Rise of 2023

(Christy Biber) Social Security retirees will get a huge increase in benefits in 2023. Their monthly checks will increase by 8.7%. This increase in benefits is the largest annual increase in pension payments in the past four decades. Seniors may be delighted to see their payments increase so much. But there’s some really bad news …

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On social security and the return to work?  Prepare for that unwanted surprise

On social security and the return to work? Prepare for that unwanted surprise

(Maurie Backman) If you’re a retiree struggling to make ends meet in the face of inflation, you’re definitely in good company. The cost of living has skyrocketed over the past year and although inflation is showing signs of easing, much progress still needs to be made before people see any noticeable relief. You might especially …

On social security and the return to work? Prepare for that unwanted surprise Read More »