Navigating the complexities of Social Security can significantly impact your retirement. Understanding the optimal age to claim benefits, the advantages of delaying, and strategies for couples can enhance your financial security.

The U.S. Senate recently voted to proceed with the Social Security Fairness Act, a bipartisan bill that could expand Social Security benefits for nearly 3 million Americans. The bill passed in the House of Representatives in November and is now on its way to President Biden's desk.

If you wait to claim spousal benefits until your full retirement age, you can receive up to half the amount of your spouse's benefit.

If you were planning to retire next year, double check your math because a law passed in the ’80s is annually raising the age when Americans can collect their full Social Security benefits. And next year is no exception.

Thankfully, Social Security benefits have grown since the first check was cut to one Ida May Fuller in 1940. The $24.54 she received from check number 00-000-001 wouldn't go very far today. Thanks to several Acts of Congress and dozens of cost of living adjustments (COLAs),

The age at which full retirement benefits can be received rises next year, as experts warn those preparing to retire not to be caught out.