For millions of older adults, Social Security is a safety net in retirement. Around 21% of adults age 50 and older have no other retirement income outside of their benefits, a 2023 survey from the ...

As Social Security marks its 90th anniversary, understanding how to maximize benefits is crucial. A recent AARP study reveals ...

Understanding how your Social Security benefits are taxed is crucial for financial planning in retirement. Not all benefits ...

Qualifying for spousal benefits Although the formula used to calculate Social Security benefits can be a bit complicated, the qualifications are not. This is true for spousal benefits as well.

As of July 2025, the average monthly Social Security retirement benefit is $1,952.23, or about $23,400 per year, according to the Social Security Administration (SSA).

More than 2 million seniors receive spousal Social Security benefits, with an average monthly benefit of about $901 as of the end of 2022. Adding in the cost-of-living adjustments (COLAs) for 2023 ...