Thursday, June 1, 2017 4 Misconceptions About Social Security A lot of people are feeling insecure about their Social Security. New surveys are always coming out showing we need to know more about our finances. One of the latest surveys that seems designed to make us worry about how we're handling money is a recent Fidelity Investments Social Security IQ Survey. READ MORE >>
Tuesday, May 30, 2017 44 Social Security 'Secrets' All Baby Boomers and Millions of Current Recipients Need to Know Social Security’s Handbook has 2,728 separate rules governing its benefits. And it has thousands upon thousands of explanations of those rules in its Program Operating Manual System, called the POMS, which provides guidance on implementing the 2,728 rules. READ MORE >>
Thursday, May 25, 2017 Ideas to Increase Retirement Income Delay taking Social Security benefits. Once you reach the full retirement age for Social Security purposes, you are eligible to claim your benefits in full. That retirement age is determined based on the year you were born, and is anywhere from 66 to 67 years old. READ MORE >>
Wednesday, May 24, 2017 How Big Would Your Social Security Check Be If You Wait Until Age 70? Depending on your situation, waiting to file for benefits could be a smart financial move. Social Security is a pivotal source of income for seniors when they eventually hang their work gloves up for good. READ MORE >>
Tuesday, May 23, 2017
When you should file for Social Security benefits
Waiting to claim Social Security benefits can significantly boost your guaranteed lifetime income in retirement.
If you wait until you're 70 years old to claim Social Security, you can raise your monthly benefit check by up to 76 percent, ac... READ MORE >>
Monday, May 22, 2017 Tips for Retiring on Social Security Alone It's not recommended to rely solely on social security benefits in retirement, but it can be done. Social Security was designed to supplement only pensions and retirement savings. But for many, that's no longer the case. READ MORE >>
Thursday, May 18, 2017 6 Social Security hacks the government doesn't want you to know More than $955 billion of Social Security benefits will be paid out in 2017, according to the Social Security Administration. Maximizing your take of these benefits boosts your spending money. But doing it wisely also helps reduce the amount of taxes you pay. READ MORE >>
Tuesday, May 16, 2017 Yes, you can collect on your ex's Social Security There may be one last thing to love about your ex: their Social Security check Provided you meet certain criteria, you may be eligible for a bigger monthly payment, courtesy of your former spouse. READ MORE >>
Thursday, May 11, 2017 Is There Really a Retirement-Savings Crisis? Two experts look at the same data—and come to very different conclusions The population is aging, Social Security’s trust funds are expected to be depleted in 2034, and the median household headed by someone age 55 to 64 has little more than $100,000 in retirement savings. READ MORE >>
Tuesday, May 9, 2017 What You Don't Know About Social Security—but Should A Look at Claiming Strategies, Tax Angles and More to Help You Make Sense of a Complicated Program Imagine that you're about to accept a new job, and it's time to talk salary. You sit down with your boss, who begins as follows: READ MORE >>
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