Pre-retirees and retirees can be dangerously misled about the amount of retirement income they might receive from their 401(k) plans.

The reason that the Social Security benefits statement is so important is that it gives you in an easy-to-digest summary a comprehensive list of the benefits you can expect from Social Security ...

Your monthly retirement benefit estimate doesn’t reflect how it will be taxed, or what happens to your benefit if you collect before full retirement age (FRA) and continue to have earned income.

You’re not prohibited from working if you collect Social Security retirement benefits, but these rules can apply depending on ...

While 401(k) retirement income statements are a step in the right direction, don't rely on them to decide when you can retire Latest U.S.

Instead of starting with income, focus in its place on how to efficiently decumulate or “drawdown” your assets and benefits. Newsletters Amazon Prime Day Share a News Tip Featured ...

The income you earn during your working years is a major factor in calculating your Social Security benefits. See how much of a monthly benefit you could receive.

Data source: Social Security Administration.. The combined income thresholds shown above were intended to target high earners. Indeed, only 10% of Social Security recipients owed tax on benefits ...

If you have already claimed Social Security benefits but are younger than full retirement age (66 for those born between 1943 and 1954), your benefits are subject to the "earnings test." ...

For retirement benefits, the statement will tell you what your full retirement age is and how much you'll receive in monthly benefits. That calculation is based on your past income history and ...