Social Security is based on lifetime earnings. The first step in calculating retired-worker benefits is adjusting (or ...

Your Social Security benefit isn't set in stone once you start collecting benefits. There are a lot of ways your benefit could change. Most seniors are familiar with the annual COLA, which increases ...

Your benefit is 50% of the amount your spouse is eligible to receive when they reach full retirement age. For example, if your spouse is scheduled to receive $3,000 per month at full retirement age, ...

The term account in trust refers to a financial account opened by an individual and managed by a designated trustee for the benefit of a third party per agreed-upon terms. The trustee who manages ...

A slate of reforms were announced by Liz Kendall on Tuesday, as expected focusing on health and disability-related benefits. The two most commonly claimed – the Personal Independence Payment (PIP) and ...

Workers who claim Social Security before full retirement age receive a reduced benefit, meaning less than 100% of their PIA. And workers who claim Social Security after full retirement age receive ...