Showing 50 results of 1057
Social Security COLA for 2025 Could Be Over 2.6%, According to New Predictions
...
Social Security Demystified: Calculating Taxation, Provisional Income, and the Tax Torpedo
Listener Michael asks about how Social Security is taxed, the rationale behind the 50% and 85% tax thresholds, and the implications of these taxes on Social Security and IRA withdrawals. James respond...
Withholding taxes from Social Security?
My understanding is that you have to file a witholding form to have taxes withheld from Social Security payments. I'm curious about whether you have money withheld, if so how much, and what is the rea...
As a landmark law turns 50, here are five ways to improve retirement security
The programs that Americans rely on for security in retirement today rest on just a few major legislative acts. The two most important are the laws that created Social Security, Medicare and Medicaid ...
My Social Security will be discontinuing log in using your username and pw
Per today's SSA Blog, going forward users must use either an ID.me or a login.gov to log into their SSA account You can still use your username and password for "awhile". And the blog says there are h...
Project 2025 Impact on Social Secruity
Project 2025 also known as Agenda 47 cuts Social Security benefits by raising the retirement age. Why have we heard nothing from AARP on this? If you aren’t familiar with Project 2025, It’...
Age Adjustments for Social Security
Photo credit: jb With all the talk about how Social Security is running out of money (or will be, currently projected at 2035), one of the topics that often comes up is the age limits for benefits. As...
Answering Listener Questions on Social Security
In this episode, Devin dives deep into the Social Security questions sent in by our listeners. Topics include questions on the earnings limit, spousal benefits, survivor benefits, and the big one...ho...
Getting a sum payout upon retirement.
My wife is retiring from her job with our state govt. She will be drawing a pension. She is not old enough for SS yet. She is going to receive a lump sum amount for accumulated vacation/sick time. Her...
Suze Orman Advice on Social Security
Suze Orman Advice on Social Securityhttps://www.suzeorman.com/blog/tag/social-security...
SS Question - Taking at 62 and investing
Anybody who can "wait" to take SS doesn't need it at 62. If you can wait to take SS, then why not just take it at 62 and throw the money into an index fund or even a 4.5% CD. Just pretend like you hav...
Facts And Fiction About The Social Security Earnings Test
One of the more confusing Social Security rules is the limit on earnings while receiving retirement benefits....
Spousal Social Security, Retirement Expenses and Roth Conversions | YMYW Extra - 4
How much do retirees really spend in retirement? Does the Social Security Primary Insurance Amount (PIA) continue to rise with inflation? Is all the talk about higher future tax brackets just fear-mon...
Maximizing Your Spousal and Survivor Social Security Benefits
Discovering the link between Social Security spousal benefits within a couple and breaking down the consequences of deciding when each person starts taking it. Managing your Social Security as a coupl...
What are some $ benefits retirees get?
So i m retiring soon, my wife is already retired. As far as pension, healthcare, social security, 401K, taxes…. I m fine with these important aspects of retirement What i want to look at now is...
Taking Social Security? Six Questions to Ask Before You Act
Ask these six questions before taking Social Security if you're trying to figure out the right timing....
The Social Security Conundrum: Take It Now, or Wait Till 70?
Yes, delaying Social Security means a bigger benefit. But when deciding whether it's worth the wait, take stock of these pros and cons. You might be surprised....
How IRAs Impact Social Security
Do your traditional IRA distributions count as income that could lower your social security benefits? It depends....
Retirement options in North Carolina
Wife and I struggling over where to retire within 3 years. Me M(64) she F (xx - to protect me from getting stink eye). Leave it to say, she is already retired as is not working and drawing SS. We are ...
Social Security Particularly Helps Black Retirees
A new study finds that Social Security is more valuable to Black retirees than to Whites – despite the fact that Blacks have shorter lives and receive monthly benefits for fewer years of retirem...
Social Security: For Singles Only
Here are some questions to consider and general rules to maximize your overall lifetime benefit if you're single and have never been married....
Uncle Sam making me go to the Bank
I live in Thailand where my SS check is sent. In the past I was able to transfer online and also had an ATM card. Now the Thai banks are saying that the US govt has said that all recipients must go to...
Why Some Social Security Recipients Will Get 2 Payments in May
Why Some Social Security Recipients Will Get 2 Payments in May...
When Will Social Security Run Out of Money? Latest Prediction Offers Good News
When Will Social Security Run Out of Money? Latest Prediction Offers Good News...
Thousands of Social Security Recipients Will Soon Qualify for Bigger Payments
Thousands of Social Security Recipients Will Soon Qualify for Bigger Payments...
Social Security COLA: Projected 2025 Payments Tick up on Latest Inflation Data
Social Security COLA: Projected 2025 Payments Tick up on Latest Inflation Data...
Budgeting and tracking processes
Interested to know how you track spending v your budget. We are semi-retired w a variable income that we do not figure into our income so taking withdrawals down savings and not tapping SS until 70 pe...
Social Security’s Representative Payees: Time for a Tune-up
What the heck is a representative payee? Social Security approves a family member or, less frequently, an organization to receive benefits on behalf of an individual who is old and infirm or has a dis...
How PIA Relates to Your Benefit
Photo credit: jb If you’ve been looking into your Social Security projected benefits for long, you’ve probably run across the term Primary Insurance Amount, or PIA. Click on the link to se...
Can Both Spouses Collect Social Security Benefits? What You Need to Know
Both spouses can receive Social Security based on their individual earnings records and at what age they claim benefits...
How Getting Married Affects Your Social Security Benefits
Once you tie the knot, your Social Security benefit will be forever tied up with your spouse’s — and that can be a good thing if you understand how it works....
Questions about VA and SS benefits
I turn 52 this year. I believe I’m in a good spot for my plan to retire at 59 or 60, maybe even sooner, but I’d like to get some thoughts from the group on some specific concerns. Hoping s...
Social Security’s Financial Outlook: The 2024 Update in Perspective
Thebrief’skey findings are: The 2024 Trustees Report showed a slight drop in the 75-year deficit, but the depletion date for the retirement trust fund remains at 2033. The prospect of a 21-perce...
The Social Security fix no one is talking about
What if the traditional wisdom on how to fix Social Security no longer holds? The trustees who oversee the program issued their annual financial forecast yesterday, predicting that the combined retire...
Four Actually Legit Reasons to Take Social Security Early
Don’t take a non-expert’s advice on when to claim Social Security benefits — they don’t know everything about your unique situation....
Fixing Social Security Is Not Hard, and Everybody Would Feel Better
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...
Taxes: do you have them taken out of social security disbursements?
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...
Interest only retirement? Thoughts or advice
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...
Social Security Expands Access To SSI Benefits
Social Security just expanded access to Supplemental Security Income (SSI) benefits and reduced the administrative burden for low-income households....
How to Estimate Your Social Security Benefits in Six Steps
To plan smart for retirement, estimate your Social Security benefits years before you'll need the money. Here's how to do it....
?? Medicare and Social Security Are Critical to a SECURE RETIREMENT (AARP Article)
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...
I will be forced to retire in a few days and I need advice ASAP!
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...
Social Security Benefits
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...
Anyone regret retiring and taking social security at 62?
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...
The Election Can Affect Taxes, Social Security, And Your Retirement
For retirees, tax troubles from sunsetting irrespective of whether Congress goes red, blue or stays purple; and Social Security needs Congressional attention as well...
Latest Social Security COLA Forecast a Setback for Retirees
Social Security COLA forecast adjusted to 2.6% in 2025. That's bad news for retirees still struggling to keep up with inflation....
Social Security is still in trouble. What should advisors tell their clients?
Social Security is still drifting toward insolvency, according to the program's board of trustees. Here's how to reassure worried retirement savers....
Should Your 401(k) Be Eliminated to Save Social Security Benefits?
Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem....
Tax implications if I collect SS at 62 and my wife continues to work?
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...