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Reviewing your retirement plan for 2022

It’s the beginning of a new year which is an opportune time to review your finances including, your retirement savings strategy, and make the necessary changes. What changes should you be looking to make? Maybe you received a raise in…

The Ultimate in Retirement Savings Isn’t Social Security. It’s an HSA!

Kevin Webb of Kiplinger states that health savings accounts (HSAs) are the best deal out there for anyone saving not just for health expenses, but for retirement as well. The accounts are available for people who are covered by a…

Social Security Benefits Might Get Cut Early

That Social Security benefits will be cut across the board for all recipients in just over a decade is not even news any longer, though lay citizens may not have been paying attention to these warnings that have been coming…

Boosting Social Security Benefits

A cursory on-line search on any day will yield a plethora of articles on how to increase your Social Security benefits. Some unscrupulous types will even try to charge for their advice. In almost all cases it comes down to…

What To Expect From Social Security in 2022

As the new year rings in. the main headline for months has been the big 5.9% increase to monthly Social Security payments. As John Csiszar of Yahoo Finance notes, it is indeed the biggest one-year hike since the 11.2% increase…

Happy New Year from Social Security Report!

Our contributing editors are off on January 3rd for the New Year’s holiday observance. Please check back each Monday through Friday in 2022 for the absolute latest news on all things Social Security. And, don’t keep us a secret. Spread…

Your Next Social Security Check Will Be Bigger

The next Social Security payment you receive should be a bit higher, because the 2022 Cost of Living Adjustment (COLA) of 5.9% will be applied to your December 2021 SS payment, which you’ll get in January. That’s obviously good news…

A Primer on Social Security Disability

Social Security Disability Insurance (SSDI) is, perhaps, one of the most misunderstood areas of the Federal Social Security program. As the name implies, it is essentially an insurance program to protect workers who become disabled and unable to work, but…

Don’t Let Fear Drive Your Decision on When to Claim Social Security

No doubt you’ve heard all about Social Security’s financial woes, because many publications have forecasted a “doomsday scenario” ever since the 2022 report by the Trustees of Social Security was released. That report, which estimates that Social Security’s Trust Fund…

A Call for Focus on Social Security Reform

An article by The Hill Opinion Contributor Nancy Altman underscores the importance of Congress moving America’s retirement income crisis to the front burner. Her article recaps the intent of H.R. 5723, the Social Security 2100: A Sacred Trust bill originated…

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