No, Social Security recipients are not getting a $600 monthly raise

No, Social Security recipients are not getting a $600 monthly raise

The claims, which were denied by the Social Security Administration, spread through clickbait headlines from unreliable sources. Social Security is a government program that provides monthly payments to American retirees and others who cannot work because of a disability. Several VERIFY readers, including Patricia and Melinda, reached out to ask if claims shared in online … Read more

Potential Social Security cut of $17,000 would surprise most couples, survey finds

Potential Social Security cut of $17,000 would surprise most couples, survey finds

(NewsNation) – Millions of Americans could see their Social Security benefits cut in just nine years, and according to a recent report, most people have no idea. A new study by the Peter G. Peterson Foundation found that only 30% of Americans knew that Social Security benefits would be cut by 21% in nine years … Read more

Potential Social Security cut of $17,000 would surprise most couples, survey finds

Potential Social Security cut of $17,000 would surprise most couples, survey finds

(NewsNation) – Millions of Americans could see their Social Security benefits cut in just nine years, and according to a recent report, most people have no idea. A new study by the Peter G. Peterson Foundation found that only 30% of Americans knew that Social Security benefits would be cut by 21% in nine years … Read more

Cetera hires Fidelity Exec as Head of Advanced Wealth

Jerry Patterson Cetera Financial

Cetera Financial Group has hired another former Fidelity executive, naming Jerry Patterson as head of advanced wealth solutions, a newly created position. Patterson, the former president of Fidelity Investments Life Insurance Company, will build Cetera’s retirement, life insurance and annuity products available to the firm’s advisors. At Fidelity, Patterson helped the firm’s advisors and RIA … Read more

City asks thousands of Chicago police officers to pay pension mistake

City asks thousands of Chicago police officers to pay pension mistake

Thousands of Chicago police officers got a junk letter from their pension fund this week: Thanks to a payroll error fueled by the officers’ latest contract, roughly 3,000 are being asked to cut a check to their pension fund. plus interest. The Fraternal Order of Police, Lodge 7, which represents most high-ranking police officers, said … Read more

Financial infidelity can breed mistrust. Here’s how to get clean.

Financial infidelity can breed mistrust.  Here's how to get clean.

Welcome back to Uncomfortable Money Talks, a new series where we’ll tackle topics or situations around money that make you uncomfortable. We will describe the problem and try to provide you with some workable solutions. Dilemma: A woman has a habit of buying – and hiding – expensive shoes from her husband. A man with … Read more