Headlines
The repercussions of 2020 may be felt for years to come
Due to the economic slow-down of 2020, those individuals turning 60 last year, may feel the repercussions for years to come. Why? “For those Americans who turn 60 in 2020 they may receive lower Social Security benefits when it comes…
Majority of women say the pandemic has negatively impacted their ability to retire
A recent Nationwide survey found almost 75 percent of women say the pandemic has negatively impacted their ability to retire. The survey also found women investors reported “significantly higher levels of concern about U.S. economic recession in the next 12…
Talking with your spouse about future retirement plans
What do retirement planning and marriage have in common? The need for communication, especially when it comes to the next stage of your lives together – retirement. Long before you retire, you should talk to your spouse about your ideas…
Should you file for Social Security benefits at 62?
You can apply for your Social Security benefit as early as 62 or as late as 70. So, what is the most popular age to sign up for Social Security benefits? The answer is 62. Although when you file at…
When Should You Claim Social Security?
It is, of course, the most frequently asked question posed to those who advise on Social Security matters – “When should I claim my benefits?” And the answer is, “it depends.” Everyone’s situation is different and it depends upon your…
Didn’t Get Your Stimulus Payment? You Can Still Get It
Millions of eligible Americans didn’t get the much-touted stimulus payments, of which there were two during the pandemic year of 2020. If you’re one of those who should have, but didn’t, get your economic recovery payment, the IRS has announced…
Can Prisoners Get Social Security?
In this Arizona Star article by retired long time Social Security employee Tom Margenau, he offers insight into the history of providing (or not providing) Social Security benefits to those convicted of a crime and in prison. The article offers…
Exposing Medicare Myths
There’s little question that Medicare is a complicated program – a lot more complicated than just “take it at 65.” Special rules to handle various unique personal situations abound. And as with many such complicated things, myths are often spawned by…
Social Security Is All Over The World
As Americans, most of us are very conscious of our country’s Social Security program, because from the time we start working in life we contribute to it, up until we ultimately collect retirement benefits as a result of those contributions. And…
Experts: Social Security Reform Not in “Foreseeable” Future for Biden Administration
Yes, it’s an urgent and important matter. Yes, the roof is leaking. Yes, the reserves will be depleted soon. No, it won’t bubble to the priority surface anytime soon. These are the sentiments of several experts The Steet’s Robert Powell…