Personal Finance

Given that there are more than 100 million state trial courts and 400,000 federal cases filed annually in the United States, it is hardly unusual to have Social Security involved in judicial proceedings. Continue reading to find out more about the new multi-million-dollar payment that will be available for Americans if they meet specific…

Psst. Close that browser window about your dream house or vacation and get back to work.You're not alone, though.A new study reveals that the average American spends nearly 2½ hours a day "dreamscrolling" or looking at dream purchases or things they’d like to one day own.According to the study by Empower, a financial services company, Americans…

Retired workers and disabled people will receive new Social Security checks worth over $4,000 in less than four days. More than 67 million beneficiaries receive retirement and disability benefits throughout the year, but to qualify for these monthly payments, they both have to meet requirements such as the number of Social Security credits…

Generation X, which includes those born between 1965 and 1980, might be feeling a bit anxious about retirement: according to a new Goldman Sachs survey, almost 50% of Gen X-ers say they are feeling behind in saving for retirement. A separate Northwestern Mutual study details that, on average, Gen X-ers claim they would need $1.56 million to…

Pay Dirt is Slate’s money advice column. Have a question? Send it to Athena, Kristin, and Ilyce here. (It’s anonymous!) Dear Pay Dirt, My mom recently passed. All four of us kids have been left a nice inheritance. The problem arose when my mom left the six grandsons a life insurance policy. She excluded my brother’s…

(TND) — A record number of people have reached $1 million in their 401(k) retirement accounts, according to Fidelity Investments.A Fidelity spokesperson Tuesday said they counted 485,000 such accounts as of the first quarter of the year, up 15% from the previous quarter and up 43% from a year ago.Those “401(k)-created millionaires” have been in…

Marilyn Monroe may have been gone for more than 60 years, but to Authentic Brands Group, she’s alive and well. The actress and model — who redefined glamor and sex appeal in her heyday — died of a drug overdose in August of 1962 at the age of 36, but her legacy lives on. Since 2011, the year Authentic purchased an 80 percent stake in her…

“Bankruptcy could jeopardize all the work to shore up the plan,” said Julie Pinkham, executive director of the Massachusetts Nurses Association and a trustee of the nurses’ retirement plan. “Until we see how things fall out for the hospitals, we just don’t know.”The future of the pensions — whether workers can count on them for the long haul —…

In most cases, the Social Security payment ends up being the primary or sole source of income for many Americans. Although their position is difficult, this program is a bright spot that encourages them to keep going and work toward a better tomorrow. If you qualify for Supplemental Security Income (SSI) payments, check here to see when you…

COLUMBUS, Ohio (AP) — A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver long-promised benefits to retirees with the help of an aggressive investment firm touting an untested AI-driven trading strategy face intense scrutiny. The eyes…