Financial analysis reveals crucial age markers for maximizing monthly Social Security payouts. Understanding these demographic averages is vital for your future planning.

The proposed legislation, known as the Claiming Age Clarity Act, was introduced earlier this month by Rep. Lloyd Smucker, a ...

Amid persistent inflation and a flurry of changes under President Donald Trump, Social Security beneficiaries may be ...

Workers and spouses become eligible for Social Security retirement benefits at age 62, but widow(er)s are eligible for survivors' benefits at age 60. Survivors' benefits let widow(er)s inherit their ...

The current full retirement age for Social Security for people born in 1960 or later is 67 years old. However, anyone can ...

Social Security faces funding challenges. Learn practical steps to protect your retirement and build financial security if ...

Understanding the average retirement benefits by age can help you better plan for your financial future. At the same time, it’s important to understand your own benefit amount will depend on how much ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The Committee for a Responsible Federal Budget estimates that Social Security payments will be cut by 24% in late 2032 unless ...

Think you know when to retire? Social Security’s ‘full retirement age’ might be misleading—here’s what it really means for ...