
How Federal Reserve Rate Cuts Impact Retiree Finances
A look at how Federal Reserve interest rate adjustments affect retirees on fixed incomes, from savings accounts and annuities to investment portfolios.
Laura Jensen is a financial journalist specializing in retirement planning, Social Security, and U.S. economic policy. She focuses on providing clear, actionable information for individuals navigating their financial futures.
A look at how Federal Reserve interest rate adjustments affect retirees on fixed incomes, from savings accounts and annuities to investment portfolios.
The Social Security Administration's commissioner has formally denied whistleblower allegations that the agency mishandled sensitive personal data of millions.
A key advocacy group projects a 2.7% Social Security COLA for 2026, which would raise the average monthly benefit by about $54 before healthcare deductions.
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New data reveals a slowdown in consumer spending as persistent inflation erodes savings and forces households to prioritize essential goods over wants.
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