Evolution of the Social Security COLA adjustment  — Motley Fool

The Social Security Cost of Living Adjustment (or “COLA”) as we know it today is not at all what it looked like years ago.  As a matter of fact, for the first decade of the Social Security program’s existence, there…

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Is Social Security a form of progressive wealth redistribution?  — AZCentral.com

If you’re familiar with Social Security’s formula for computing benefits, you’re aware that it is weighted to provide proportionately higher replacement income to those with a lower lifetime average income. Conversely, those with a higher lifetime average income see a proportionately…

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The advantages of claiming your Social Security benefits early  — THE MOTLEY FOOL

According to a study from the Center for Retirement Research at Boston College, despite the benefits of waiting to claim your Social Security benefit, 48 percent of women and 42 percent of men started taking benefits at 62 and a…

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The lesser-known advantages of a 401(k) plan  — YAHOO FINANCE

As traditional pensions were phased out, 401(k) plans were introduced to fill in the gaps. The tax benefits of traditional 401(k) plans are important but there are other, lesser known perks of 401(k) plans. Some of those perks include: after-tax…

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Three examples of optimal Social Security claiming strategies  — CNBC

There are thousands of ways to claim Social Security when you consider factors such as spousal and child benefits. Laurence Kotlikoff, an economics professor at Boston University said “it’s definitely not a one-size-fits-all.” Kotlifoff created a complicated calculator that determines…

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“Ask Rusty – Changed my mind after claiming Social Security”

Dear Rusty:  I will be 67 years old this September and have been receiving my Social Security benefits since September of last year (2017). I’ve found that I do not need the money now, and since I don’t need the…

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