Lorie Konish

Key Points New tax breaks in President Donald Trump's “big beautiful bill” may mean older Americans get more money back as a tax refund this season.

Key Points New government data released on Friday shows the pace of inflation climbed to the highest level in nearly two years.

Key Points The Social Security retirement earnings test may reduce benefits for certain individuals who are under full retirement age and who continue to work.

President Donald Trump first floated the idea of creating retirement accounts for employees without workplace plans during his State of the Union address in February. Roughly 56 million Americans lack access to an employer-sponsored retirement plan at work, according to 2025 research from the Pew Charitable Trusts, an independent public policy nonprofit.

President Donald Trump first floated the idea of creating retirement accounts for employees without workplace plans during his State of the Union address in February. Trump signed an executive order on Thursday that will launch a new website, TrumpIRA.gov, where workers can research, compare and enroll in private-sector retirement plans.

Key Points Some social media influencers have said 62 is the right age to claim Social Security to get the most lifetime benefits.

As the pace of inflation increases, that may lead to a higher Social Security cost-of-living adjustment for 2027, according to new expert estimates.

The Senior Community Service Employment Program provides older, low-income individuals with an opportunity to train for work. But its future is uncertain.

New Trump Accounts for children could "become Social Security personal accounts," Sen. Ted Cruz, R-Texas, recently said. Here's what experts say.

Even as Americans confront higher costs, millions of people have lost Supplemental Nutrition Assistance Program food benefits.