Social Security Reform Bill Awaits Senate Vote Amid Uncertainty | The Hill

The Social Security Fairness Act, a federal bill that would repeal Social Security’s Windfall Elimination Provision and Government Pension Offset, passed the U.S. House in November. The bill is now awaiting action in the Senate, where its fate is increasingly uncertain with just days left for lawmakers to pass legislation before a new Congress begins.

Lost Track Of Your Old 401(k) Accounts? A New Service Could Help Recover The Money | Investopedia

The U.S. Department of Labor is getting ready to launch a database to help workers find old retirement accounts. The so-called retirement savings lost and found aims to make sure workers can find and access their 401(k) savings when they switch jobs rather than leaving that money behind. The database should be up and running by the end of the year.

Retirement Saving and Spending Can Be Complicated. Here’s What Psychology Says | Fast Company

When making the transition from regular, full-time work into retirement, many people find themselves struggling to move from a saving mindset to a spending mindset. While every person’s situation is different, principles of psychology can help explain why that transition can be so difficult.

Five Ways to Maximize Your End-of-Year Philanthropy | Kiplinger

The end of the year is a popular time to give money to various causes. If you’re thinking of giving this holiday season, here are some things to keep in mind to ensure your donation makes an impact.

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News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.