Social Security, Medicare solvency could be examined by bipartisan commission
Rather than advancing immediate policy changes, the panel would study financial outlooks and submit recommendations for lawmakers to consider.
Retirement
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Fidelity data shows record retirement savings, rising Roth adoption
Combined employer and employee contributions for 401(k) savers hit 14.4%, approaching Fidelity’s suggested 15% target.
Home equity cap tied to Medicaid eligibility is set to change
New Medicaid rule will cap home equity at $1 million for long-term care eligibility beginning in 2028, potentially affecting senior homeowners.
New federal funding a mixed bag for housing programs
Just under $35 billion is provided for HUD’s tenant-based rental assistance account — commonly known as the Housing Choice Voucher Program.
As retirement costs surge, more homeowners turn to their equity
65-and-older households now spend about $122,000 annually, compared with roughly $60,000 in 2000, according to survey data.
Study: Bipartisan Social Security plan to borrow and invest unlikely to pay off
The assessment was critical of a plan championed by Sens. Bill Cassidy, a Louisiana Republican, and Tim Kaine, a Virginia Democrat.
Social Security COLA forecast for 2027 jumps to 3.9% in response to rising inflation
The average monthly benefit for retired workers is projected to rise from $2,081.16 to $2,162.33, based on April 2026 figures.
Retirees counting on home equity may face financial shortfalls
Financial advisers and housing experts warn that many older homeowners may be counting too heavily on their homes as retirement safety nets.
Reverse Mastermind Summit kicks off with practical advice, choice words
Reverse mortgage professionals converged in Knoxville, Tennessee, this week for the inaugural Reverse Mastermind Summit — a three-day event designed to bolster the sales skills of industry newcomers by immersing them in knowledge from industry veterans.
Bill targets Social Security earnings limits as retirement trends shift
The Senior Citizens’ Freedom to Work Act would repeal the retirement earnings test.