According to the Internal Revenue Service, parents can elect to fill out the one page form 4547 – a nod, according to The Hill, to Trump being the 45 th and 47 th president – to set up their account.

Review these key documents to ensure you get the most from Social Security benefits and avoid costly mistakes that could ...

Grandparent-owned 529 accounts, and distributions from those accounts, aren’t counted in federal financial aid calculations.

With new rules for electronic payments and identity verification, here's a practical guide to managing and protecting your ...

Your January Social Security payments will begin arriving on Wednesday, January 14. Your second check will arrive on January ...

*Here’s some news you can use. Starting January 2026, more than 74 million Americans will see a 2.8% boost in their Social Security benefits. This cost-of-living adjustment (COLA) is higher than the 2 ...

If you rely on Social Security for some or all of your income, you know how tight it can get. One unexpected expense, and you're juggling, trying to figure out what you can cut or delay this month to ...

Learn how much the average person receives in Social Security at age 65 and explore strategies to maximize benefits and manage financial challenges.

The amount of money Social Security pays you each month in retirement will hinge on your personal earnings history. Social ...

Social Security payments are on a normal schedule in January, but recipients will still see a change. They'll be a little bigger. Thanks to the 2026 cost-of-living (COLA) increase, Social Security and ...

If you’ll be at least 62 years old in 2026, it means you’re eligible to sign up for Social Security. However, that doesn’t mean that claiming Social Security this year is a smart idea. When it comes ...

Earlier this month, an elderly couple in Pennsylvania lost more than $1.3 million in an elaborate scheme executed by a thief posing as a Social Security Administration employee. The heartbreaking ...