Last week, the government passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The legislation sets up a $2 trillion stimulus package to help the millions of Americans that have been rocked by […]

This is a challenging time for just about everyone. Even beyond the health concerns, many are facing stressors like jobs lost, salaries cut, and savings and portfolios way down. (Though at least tax season has been pushed […]

Making a mistake on your taxes can not only be costly, it can be a big red flag for the Internal Revenue Service, leading to an audit. For people nearing retirement, the stakes can be […]

For many Americans, reaching retirement age doesn’t mean the end of work. That may be truer than ever for people in their 50s and 60s given the recent market slide related to the coronavirus pandemic. […]

In 2019, 64 million Americans were estimated to have received Social Security benefits, and for more than half of elderly beneficiaries, Social Security represented over 50% of their income. Nonetheless, a recent SimplyWise survey found that less than […]

It’s no secret: seniors are working at historic rates. Almost a quarter of seniors are now in the job market, up 18% from 10 years ago, and the Bureau of Labor Statistics expects this to increase over the […]

In a new SimplyWise survey, we asked a panel of 60 to 70 year old’s about their knowledge of specific social security rules and identified the four misconceptions that were the most prevalent. Social Security has a massive […]

For many Americans, reaching retirement age doesn’t mean the end of work. In a poll from The Associated Press-NORC Center for Public Affairs Research, 23% of workers said they don’t expect to stop working. Additionally, new […]

The future of Social Security is at stake in the 2020 presidential election, even if other issues are hogging the headlines for now. Social Security funds – comprised of Old-Age and Survivors Insurance (OASI) and Disability Insurance (DS) – […]