Social Security

Fixing Social Security Is Not Hard, and Everybody Would Feel Better

May 16 2024

Trustees Report continues to show 75-year deficits and exhaustion of trust fund in early 2030s. The 2024 Social Security Trustees Report repeats the drumbeat that the Social Security program faces a d...

crr.bc.edu

Taxes: do you have them taken out of social security disbursements?

May 15 2024

As stated in the title, what do you all do, if you are collecting social security, about taxes? Do you have a certain percentage taken out of your social security before receiving it monthly or pay qu...

reddit.com

Interest only retirement? Thoughts or advice

May 15 2024

I’m planning on working until the age of 70. I’m 54 now and I love my job. I get plenty of time off for travel, etc. My current expenses are 4k a month. I should get around 3k in SS,if I w...

reddit.com

Social Security Expands Access To SSI Benefits

May 14 2024

Social Security just expanded access to Supplemental Security Income (SSI) benefits and reduced the administrative burden for low-income households....

kiplinger.com

How to Estimate Your Social Security Benefits in Six Steps

May 14 2024

To plan smart for retirement, estimate your Social Security benefits years before you'll need the money. Here's how to do it....

kiplinger.com

How To

?? Medicare and Social Security Are Critical to a SECURE RETIREMENT (AARP Article)

May 13 2024

FROM ARTICLE - SEE ARTICLE FOR MORE! Medicare and Social Security Are Critical to a Secure Retirement, Say Americans 50+. By Rebecca Perron, AARP Research & Teresa A. Keenan, AARP Research. Publis...

community.aarp.org

I will be forced to retire in a few days and I need advice ASAP!

May 12 2024

I have been thinking about retiring for some time. I am already collecting SS and on Medicare A and B while working full time. My job has been getting worse and worse, and I just heard from my boss th...

reddit.com

Social Security Benefits

May 11 2024

A bill was recently introduced in the House by Rep. Angie Craig (D-Minn) called "You earned it You keep it". It would eliminate federal taxes from Social Security wages. A windfall for most retired pe...

community.aarp.org

Anyone regret retiring and taking social security at 62?

May 11 2024

I (F 62) am getting ready to retire August 1st. I'm ready, and have run the numbers, and while I won't be swimming in money, I'll get by with SS and pension, and hubby's SS and pension, plus my 457 an...

reddit.com

Retiring

The Election Can Affect Taxes, Social Security, And Your Retirement

May 07 2024

For retirees, tax troubles from sunsetting irrespective of whether Congress goes red, blue or stays purple; and Social Security needs Congressional attention as well...

forbes.com

Latest Social Security COLA Forecast a Setback for Retirees

May 07 2024

Social Security COLA forecast adjusted to 2.6% in 2025. That's bad news for retirees still struggling to keep up with inflation....

kiplinger.com

Cola

Forecasts

Social Security is still in trouble. What should advisors tell their clients?

May 07 2024

Social Security is still drifting toward insolvency, according to the program's board of trustees. Here's how to reassure worried retirement savers....

financial-planning.com

Advisors

Should Your 401(k) Be Eliminated to Save Social Security Benefits?

May 07 2024

Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem....

kiplinger.com

Tax implications if I collect SS at 62 and my wife continues to work?

May 06 2024

Wondering if anyone is in the same boat as I am. I turn 62 in December. Have a good job I like but my health is failing. Cardiac issues. I plan on retiring in Jan. My wife has a great job that she lov...

reddit.com

Spouse

? Social Security Report Shows Trust Fund Shortfall in 2035 (AARP Article)

May 06 2024

FROM ARTICLE - SEE ARTICLE FOR MORE! Latest forecast from program’s trustees pushes back benefit reduction date by a year. By Andy Markowitz, AARP. Published May 06, 2024. The trust funds from w...

community.aarp.org

5 Social Security Misconceptions That Could Needlessly Cost You a Fortune

May 05 2024

You may not realize it … But filing for social security could be one of the most important financial decisions of your life. Because the difference between your best and worst case scenarios&he...

bossretirement.com

Social Security's customer service worsens amid 'dire' underfunding

May 05 2024

As Congress battles over shutdowns, Social Security's staff has dwindled to its smallest size in decades. For retirees, that means longer wait times and delayed benefits — but advisors can help....

financial-planning.com

More Women Urge Congress to Raise Social Security Funding

May 02 2024

Latest study by NIRS says women want Congress to increase funding for Social Security and…...

401kspecialistmag.com

Benefit for minor child

May 02 2024

Does anyone know if I am able to check on the status of my son's social security benefit payment. He lives with my ex-wife and neither of them will communicate with me. My son turned 18 in January of ...

community.aarp.org

Spouse

Change in Social Security Could Mean More Money for Retirees

Apr 30 2024

A proposed bill could change how the Social Security COLA is calculated, resulting in higher benefits for retirees....

kiplinger.com

11 Ideas for Living on Social Security Alone

Apr 26 2024

Living on Social Security alone is not only possible, but many retirees already accomplish that very feat every year. While the lifestyle associated with Social Security income isn’t exactly lux...

newretirement.com

Lifestyle

social security benefits at 62 vs 70

Apr 26 2024

If I quit working at 62 but wait until 70 to start drawing social security, will the quoted benefit at 70 be adjusted for inflation, or will it stay at the quoted amount. Social security presently quo...

reddit.com

How Medicare Relates to Social Security

Apr 25 2024

Identifying the right start dates for Social Security depending on your unique situation, when your Social Security benefit will send you your first check based on your birthday, and IRMAA cost strate...

keilfp.com

Pros and Cons of Waiting Until 70 to Claim Social Security

Apr 22 2024

Waiting until 70 to file for Social Security benefits comes with a higher check, but there could be financial consequences to consider for you and your family....

kiplinger.com

What Will Happen If The Social Security Trust Funds Run Out?

Apr 20 2024

Don’t be swayed by scary headlines. Learn about the reality of Social Security’s financial status and act to protect your retirement....

forbes.com

Lack of Broadband Impedes Native American Access to Aid

Apr 19 2024

During the pandemic, the U.S. Social Security Administration leaned into providing more services and processing applications online. But that has furthered the agency’s disconnect with Native Am...

crr.bc.edu

Most Adults Fail This 5-Question Quiz on Retirement Basics

Apr 19 2024

How much do you know about Social Security, Medicare and life expectancy?...

money.com

How Much

Time spent in waiting rooms these days

Apr 19 2024

At the moment, I’m sitting in a regional Social Security office waiting room so packed that there’s a queue outside just to get in to wait. I’m here to submit forms for reducing IRMA...

reddit.com

Strategies to Optimize Your Social Security Benefits

Apr 18 2024

To maximize what you can collect, it’s crucial to know when you can file, how delaying filing affects your checks and the income limit if you’re still working....

kiplinger.com

Tune In to Fox Business Network for a Half Hour with Retirement Experts Ryan & Tyson Thacker

Apr 17 2024

Considered the country’s leading experts on Social Security, find out how to maximize your benefits with Retirement Brothers Ryan and Tyson Thacker. By:Spotlight Television The Retirement Brothe...

bossretirement.com

How To

Divorce and Social Security

Apr 17 2024

Married 40 years. Divorced 9 months. Ex (age 74) started collecting SS 9 years ago. I just reached full retirement age (66.5). Social security told me that I could not collect under his name because I...

community.aarp.org

Divorce

What’s Stopping People from Applying for Disability

Apr 16 2024

When people aren’t getting a government benefit they’re eligible for, the program’s goal of improving equity is compromised. Social Security’s disability insurance is an exampl...

crr.bc.edu

Insurance

Increase the Retirement Age, but Only for Those Who Can Work Longer

Apr 16 2024

Let’s see if we agree on what the retirement age is today. With the projected depletion of the Social Security trust fund assets in the 2030s, policymakers are looking for ways to bridge the gap...

crr.bc.edu

Where the Presidential Candidates Stand on Retirement

Apr 16 2024

While Biden and Trump both say they support Social Security and Medicare, their approach to each has been different....

money.usnews.com

? Social Security Customer Service Times Build as Hiring Freeze Continues (AARP Article)

Apr 12 2024

FROM THE ARTICLE - SEE ARTICLE FOR MORE! Social Security Struggles to Improve Customer Service. Hiring freeze amid congressional spending standoff sets back efforts to reduce phone wait times, speed u...

community.aarp.org

When is the Right Time to File for Social Security?

Apr 11 2024

Navigating the choices and options available when you’re deciding when you should start taking Social Security. In this episode of Retirement Revealed, I’m excited to tackle one of the mos...

keilfp.com

How Lower Interest Rates Could Affect Older Adults

Apr 09 2024

When the Fed starts cutting interest rates, retirees could see lower yields on fixed-income assets. Social Security’s finances could be impacted, too....

kiplinger.com

Income

How to Spot a Social Security Scam (and What to Do About It)

Apr 09 2024

Here are a scam's red flags and how to report it if someone tries to scam you. The first things to do if a scammer contacts you: Remain calm and ignore them....

kiplinger.com

How To

SOCIAL SECURITY SCREENING TOOL - collecting SS/survivor benefits overseas

Apr 09 2024

I found this tool today while research if you can collect your social security benefit or survivor benefit while living overseas. The answer is country dependent and is sometimes limited to only 6 mon...

reddit.com

This Week In Retirement Planning: Social Security, Index Funds, And Bonds

Apr 07 2024

I also share links to valuable research tools and model portfolios from the week....

forbes.com

Planning

Bonds

What You Need to Know About Social Security and Taxes

Apr 06 2024

As you prepare for retirement, it’s essential to understand what your taxes will be. You may think your Social Security benefits are tax-free. After all, why would the government pay you money w...

newretirement.com

Three Ways to Delay Claiming Social Security Benefits

Apr 06 2024

With Americans living longer these days, maximizing your Social Security is more important than ever. Here are some ways to make the most of your benefits....

kiplinger.com

Social Security Error

Apr 06 2024

Hello Again, Three years ago My 86 year old Mother-in-law who lost her husband who was receiving Social Security Retirement. She called to inquire about Survivor’s Benefits as a Widow & was ...

community.aarp.org

Taking Social Security At Age 62 Made A Big Difference For This Couple

Apr 05 2024

In making their decision, they ran all the numbers, including arguably the most valuable one of all: time....

forbes.com

Delay Social Security? Not Everyone Can Do it

Apr 03 2024

Financial advisers often encourage older workers to delay signing up for their Social Security as long as possible to maximize their monthly income. But several of our blog’s readers point out, ...

crr.bc.edu

Social Security Changes How Overpayments are Handled

Apr 02 2024

The Social Security Administration announced a change to how overpayments are handled....

kiplinger.com

Learn to Avoid This Common Social Security Trap

Apr 02 2024

Retirement is your time to enjoy the things you postponed during your working years. Many of our clients enjoy being able to travel and indulge in the things they have saved for so diligently. Sometim...

theretirementsolution.com

Social Security Representative Payee - MAKE YOUR CHOICE TODAY

Apr 02 2024

If you have set up your mySocialSecurity account you are able to name your choice of a Representative Payee (RP) then each year the SSA will send you a letter stating who they currently on file for yo...

community.aarp.org

Social Security Survey

Apr 01 2024

Hello, I have formed a questionnaire for a class project about Social Security and I am looking for any participants to fill it out. Please share this if you can, and any involvement is greatly apprec...

community.aarp.org