Despite the pandemic, many retirement savers managed to increase their savings. This provides a glimpse into the average savings individuals in their 60s have put away for retirement.
House Democrats have introduced legislation to provide $6 billion to the U.S. Postal Service to buy tens of thousands of additional electric delivery vehicles.
There are drawbacks to taking Social Security at age 62, but there can also be good reasons to do so. These are some reasons retirees might want to consider taking it earlier.
The Social Security Administration is sounding the alarm over a spike in reported scam attempts, with figures showing a surge during the pandemic.