Examining the Retirement Earnings Test

Social Security regulations stipulate that upon beginning retirement, spousal, or survivor benefits, beneficiaries are considered “retired” and expected to leave the workforce. Current regulations allow for continued earning from employment for those who claim benefits before their full retirement age…

Continue Reading »

WEP-GPO Repeal Update: The Pressure is on for Timely Implementation

While the argument continues to rage following last week’s official signing of the Social Security Fairness Act into law, the House Ways and Means Committee has called for immediate relief for those affected by the repeal. Ways and Means Committee…

Continue Reading »

The Social Security Fairness Act – Patience is suggested

With the enactment of H.R. 82 – the Social Security Fairness Act – many are wondering what affect, if any, this new law may have on their personal Social Security benefit. For starters, you should know that unless you have…

Continue Reading »

2025 COLA – 2.5% implies inflation is easing, but buying power hasn’t improved!

Following the COLA increases Social Security recipients received in the past several years (8.7%, 5.9% and 3.2%), this year’s cost of living adjustment seems paltry. Actually, it is more of a return to normal, because the average annual COLA over…

Continue Reading »

The “Social Security Fairness Act” ushers in Changes to Social Security for many

With great fanfare (and some dissention) Congress recently passed, and President Biden signed, the Social Security Fairness Act (H.R. 82). Enactment of H.R.82 will result in increased Social Security benefits for many whose benefits were previously reduced because they had…

Continue Reading »

Q & A View More Answers »

“Ask Rusty – About When to Claim Social Security and Taxation of Benefits”

Dear Rusty: I am 65 and currently working full-time. Can I apply for and start receiving my Social Security benefit? I’d expect to have to pay income tax on it if/when I do. Signed: Curious Worker  Dear Curious Worker: If…

Continue Reading »

Popular Questions

Handy Tools & Calculators View All »

Website by Geiger Computers