Showing 50 results of 298
Mar 31 2024
Personalized TDF service incorporates key recordkeeper data points...
401kspecialistmag.com
Mar 28 2024
Social Security benefit cuts are gathering political attention again....
forbes.com
Mar 27 2024
Nearly half (44%) of all American households with members aged 55-64 have no savings at all and will have to rely entirely on Social Security....
forbes.com
Mar 27 2024
The suggested solution from many who make it can leave regular people thinking they’d still get the same amount. It’s a case of bait and switch....
forbes.com
Mar 24 2024
A comprehensive look at what's going on with Social Security....
kiplinger.com
Mar 24 2024
HAVE YOU EVER BEEN OVERPAID? ANY COMMENTS? ? I HAVE NOT AND HOPE IT NEVER HAPPENS. I FEEL BAD FOR FOLKS WHO WERE "INNOCENT" BUT NOT THE OTHERS! ? FROM THE ARTICLE - SEE ARTICLE FOR MORE. Social Securi...
community.aarp.org
Mar 22 2024
When to file for social security? Applying at age 70 maximizes your monthly payout, but claiming early could provide advantages that can’t be quantified on a spreadsheet....
kiplinger.com
Mar 22 2024
If you’ll have multiple income streams in retirement, you’ll need to coordinate everything so you don’t end up paying taxes on your Social Security benefits....
kiplinger.com
Mar 21 2024
The RSC stood up to Donald Trump’s position that Social Security reform can be ignored or hand-waved away....
forbes.com
Mar 21 2024
Much of what you read about Social Security running out of money is wrong. Learn the facts about about how Social Security is funded....
forbes.com
Mar 21 2024
Social Security plans to default to withholding 10% (not all) of the recipient's monthly benefits to recoup debt, SSA head says....
kiplinger.com
Mar 21 2024
We had a good retirement income from pensions and investment income, so I waited to 70 to maximize my SS payment. I realize it makes sense for some people to take it sooner, but my health and genetics...
reddit.com
Mar 20 2024
The answers to these five questions can help you determine when it’s a good time to file for Social Security. The timing is different for everyone....
kiplinger.com
Mar 20 2024
Capping Social Security clawbacks at 10% for some beneficiaries is among the changes that O'Malley plans to propose....
kiplinger.com
Mar 20 2024
ANY COMMENTS? ? I AM NOT ON THE DISABILITY VERSION, JUST THE RETIREMENT ONE! ? FROM THE ARTICLE - READ ARTICLE FOR MORE. 6 Steps to Strengthen Your Social Security Disability Claim. Amid record wait t...
community.aarp.org
Mar 18 2024
There's been a big spike in retirement accounts worth $1 million or more....
money.com
Mar 18 2024
When you’re married to someone who has worked under the Social Security taxation system, you have two different benefits that may be available to you: Survivor Benefits, and Spousal Benefits. Th...
financialducksinarow.com
Mar 14 2024
Want to get the most out of your Social Security benefits? Did you know that 96% of Americans forfeit an average of $111,000 in social security income? And it’s all because they filed for their ...
bossretirement.com
Mar 14 2024
Could the solution to saving Social Security be so glaringly obvious that it has been overlooked, or perhaps even ignored, due to political power dynamics? The concern about the insolvency of the Soci...
sites.libsyn.com
Mar 11 2024
I'm planning to retire at the end of May. If I let my employer know now, to give them time to restructure or find a new employee, they just might choose to let me go early. I could then apply for unem...
community.aarp.org
Mar 08 2024
Filing for Social Security sounds simple on the surface. You take a specific percentage of every paycheck and it goes into the system when you’re working. And then when you retire, you simply fi...
bossretirement.com
Mar 08 2024
Consider the myriad reasons Black Americans get 19 percent less from Social Security during their retirement years than White retirees. Inequities in the labor market limit their job opportunities and...
crr.bc.edu
Mar 08 2024
Discover the impacts and debates surrounding raising the retirement age. Understand how increasing Social Security's retirement age can affect your retirement plan....
forbes.com
Mar 05 2024
I applied for benefits in July of 2023 but changed my mind and decided not to retire. I sent in all the paperwork to stop my benefits but I am still receiving payments. (As a side note, it has been 7 ...
community.aarp.org
Mar 04 2024
Here is a list of questions your financial advisor should ask for you to maximize your Social Security benefits and determine your overall financial goals....
forbes.com
Mar 02 2024
One of the most critical decisions we make once we decide to retire is decisions related to Social Security. Specifically, ... Read more...
physicianonfire.com
Feb 29 2024
These Retirement Brothers are solving the retirement crisis. Coming up on Fox Business is a special episode on how to get the most out of your Social Security benefits. By:Spotlight Television NEW YOR...
bossretirement.com
Feb 29 2024
Learn how your Social Security benefits could be reduced if you retire early....
money.usnews.com
Feb 28 2024
Check out Jeremy’s latest podcast on retirement planning by listening on “Apple Podcasts” or “Spotify Podcasts” or read below for more answers to listener questions about...
keilfp.com
Feb 27 2024
One big reason: Rapidly rising Medicare premiums that usually are deducted directly from Social Security checks....
forbes.com
Feb 26 2024
Nearly 80% failed or barely passed annual quiz from MassMutual; less than 1% got an A+...
401kspecialistmag.com
Feb 22 2024
HMMM, I WONDER "IF" THEIR INTENTION IS TO SCAM SENIORS? ? Are Social Security Beneficiaries Getting a Fourth Stimulus Check? NO, but websites and social media are spreading MISINFORMATION. By Andy Mar...
community.aarp.org
Feb 22 2024
Hello, I am a US citizen and eligible for social security. I am presently in US, but planning to move to India for extended duration. I have following questions: Will I get social security while I am ...
community.aarp.org
Feb 18 2024
I retired at 60 and have been living on savings for a couple of years. Late last year I reached 62 and started receiving my SS benefits. So I'm not worried about paying taxes on my annual income for 2...
reddit.com
Feb 17 2024
We need to get our Congress Representatives to support the 'You earned it you keep it' bill. This allows for raising the cap on the taxable earnings and stopping the federal taxes on SSN. This would k...
community.aarp.org
Feb 15 2024
Workers would lose a key retirement planning benefit as a tradeoff for funding Social Security....
money.com
Feb 15 2024
Learn more about the maximum Social Security benefit and how it affects retirement planning...
forbes.com
Feb 15 2024
Long-term projection still sits well below this year’s 3.2% increase...
401kspecialistmag.com
Feb 15 2024
Recently I was informed by a Social Security representative they would hold several months of my supplement now based on projected income earnings over the Federal mandate of allowed annual earnings o...
community.aarp.org
Feb 13 2024
You’ve contributed towards your Social Security benefits for decades (via your paychecks). Now you should know how much of your Social Security will be taxed....
forbes.com
Feb 08 2024
Inflation bumps up benefit payments — but not the income thresholds that make them taxable. By Andy Markowitz. Published February 06, 2024. https://www.aarp.org/retirement/social-security/info-2...
community.aarp.org
Feb 07 2024
The insurance enhances Social Security’s role of offsetting Black/White inequality. My colleagues have just completed a really interesting study pertaining to the progressivity of Social Securit...
crr.bc.edu
Feb 07 2024
I am a US citizen who lives on a fixed income in Jalisco,Mexico. I receive SSDI and live from month to month. Every year there is a form 7162 that needs to be filled and returned to social security, i...
community.aarp.org
Feb 05 2024
Many Americans depend on Social Security to make ends meet each month. Where you choose to live in retirement how much taxes you owe on Social Security....
forbes.com
Feb 05 2024
Losing a loved one can feel truly overwhelming. From paperwork to arrangements to finances, the to-do list can be daunting in an already vulnerable time. One of the things that can help ease the finan...
theretirementsolution.com
Feb 04 2024
Social Security Administration Chief Actuary Stephen Goss believes the enactment could…...
401kspecialistmag.com
Feb 04 2024
I know that there’s lots of advice out there and of course much of it is contradictory. And also, there’s no “one-size-fits-all” answer. So I’m curious what all went into...
reddit.com
Feb 03 2024
I applied for social security on 1/1/24. My application is still in the review process even though the ss website says 2-4 weeks. I can’t call or email anyone in ss. I want to give notice at wor...
community.aarp.org
Feb 01 2024
Hello, many of us did (or will watch soon, or watching now as I create this) an interview with Mike Piper, the creator of the popular tool - https://opensocialsecurity.com by Rob Berger on his YouTube...
reddit.com
Jan 30 2024
I will be retiring December of this year. Husband retired a few years ago. We are not yet collecting SS since I'm working full time and there's no need to yet. We have a home that we will be selling a...
reddit.com
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Social Security is a government-run program in the United States that provides a source of income for retirees, as well as for people who are disabled or the survivors of deceased workers. The program is funded through payroll taxes, and it is designed to provide a basic level of financial security for those who are no longer able to work.
To be eligible for Social Security benefits, an individual must have worked and paid into the Social Security system for a certain number of years. The amount of benefit that an individual receives is based on their earnings history, with higher earners receiving a higher benefit.
In general, people are eligible to receive Social Security retirement benefits when they reach the full retirement age, which is determined by their date of birth. The full retirement age is currently 66 for people born between 1943 and 1954, and it is gradually increasing to 67 for those born in 1960 or later. However, people can begin receiving reduced benefits as early as age 62, or they can choose to delay receiving benefits until after their full retirement age, in which case they will receive a higher benefit.
It is important to note that Social Security benefits are not intended to be the sole source of income for retirees. Rather, they are meant to supplement other sources of retirement income such as savings, investments, and pensions. It is important to plan for retirement and consider all sources of income that may be available to you.