Social Security could look a bit different next year

With nearly nine out of ten individuals age 65 and older receiving Social Security benefits, there is no program that bears more importance to the financial well-being of American’s seniors.  Although the average retired worker is only bringing home a…

Continue Reading »

Retirement plans in a post-pandemic world

The economic shutdown as a result of the COVID-19 outbreak has drastically altered the retirement outlook and created many personal and financial challenges for some participants in company-sponsored retirement plans.  With the stock market volatility and the drastically rising unemployment…

Continue Reading »

The resilience among U.S. retirees in contrast to younger generations

A new joint research project by Edward Jones and Age Wave found despite COVID-19’s severe health impact on aging adults, older Americans report they are coping far better both emotionally and financially than younger adults. The study of more than…

Continue Reading »

The retirement crisis playing out right before our eyes

Unlike prior recessions, the unemployment rate is higher among older workers than among younger ones. In the past, many older workers would have retired but since many have little or no savings; they continue to look for work. Furthermore, over…

Continue Reading »

There is still confusion about the new retirement withdrawal rules

There have been a lot of changes this year especially when it comes to retirement withdrawal rules.  Although these rules have been in effect for months, CARES Act was signed into law on March 27th; there is still a lot…

Continue Reading »

Q & A View More Answers »

“Ask Rusty – Can My Mother Get Benefits from Common Law Marriage?”

Dear Rusty: My 71-year-old mother has a very small Social Security income. It is not enough to find her housing. I am working to file for increased VA benefits, as she is a veteran. Her partner of 21 years (common…

Continue Reading »

Popular Questions

Handy Tools & Calculators View All »

Website by Geiger Computers