Kimberly Palmer As a frequent PayPal user, I was not surprised to see a payment request pop up on the app. But when I read it, I knew something was wrong. In the message, a stranger asked me to send them $699 in order to get a “refund”. While I immediately recognized the request as … Read more
Allison Michael Orenstein | Getty Images As tax season kicks off, seniors may face new questions this year. A record 5.9% Social Security adjustment to the cost of living last year likely boosted their incomes. Meanwhile, other income, such as required minimum distributions, other retirement account withdrawals, or part-time or full-time work can make depositing … Read more
Kimberly Palmer As a frequent PayPal user, I was not surprised to see a payment request pop up on the app. But when I read it, I knew something was wrong. In the message, a stranger asked me to send them $699 in order to get a “refund”. While I immediately recognized the request as … Read more
Moyo studio | E+ | Getty Images The first Social Security check was issued 83 years ago. The check, for $22.54, went to retired legal secretary Ida May Fuller of Ludlow, Vermont. Today, in 2023, the average retirement benefit is $1,827 per month, according to the Social Security Administration. The maximum Social Security benefit for … Read more
xavier lorenzo | time | Getty Images When it comes to financial resolutions for 2023, there’s one goal at the top of many people’s list: creating an emergency fund. A recent survey by Personal Capital found that 31% of respondents want to increase their emergency savings, topped by other goals like buying a car at … Read more
