Headlines
Ex-spouses can get benefits, as well as current spouses.
If you’re divorced, did you know that you may be able to collect benefits on your ex-spouse? That’s true, even if your ex has remarried and has a current spouse who is collecting benefits from your ex’s record. There are,…
Don’t miss this key April 1st deadline
If you turned 70 ½ in 2018, you have until Monday, April 1st to take your first required minimum distribution, or RMD from your 401(k) or an IRA. The IRS requires individuals holding retirement accounts such as IRAs and 401(k)…
Improving the solvency and integrity of Social Security Disability Insurance program
At the annual cost of $146 billion, the Social Security Disability Insurance (SSDI) program provides benefits to more than 10 million individuals. With the average wait times close to 600 days, SSDI fails to meet the needs of individuals with…
Don’t become a failed retiree
Many men and some women fail at retirement. Why? Some people are their jobs; their career and personal identity are closely linked and have a significant impact on their retirement. It’s the fear of the emptiness ahead of them if…
Why you should check your Social Security statement
The Social Security Administration will pay out more than one trillion dollars for benefits to 64 million Americans this year. Social Security provides essential economic support to roughly 44 percent of single retirees and 22 percent of married retirees who…
Three steps to protect your Social Security number
The reports of massive data breaches have become common and they seem to be growing. In the last couple of years, 143 million Americans had their personal data compromised through the Equifax breach and another 500 million people was compromised…
Dem’s Social Security 2100 bill: big on taxes; small on reform
The Social Security 2100 Act was introduced in Congress last month with great fanfare, and about 200 Democrats quickly lined up as co-sponsors for the bill, authored by the new Democratic Chairman of the House Committee on Social Security. But, according…
Using Medicare’s preventive healthcare services
Medicare is, of course, the premier plan for senior healthcare services and, like all Americans, seniors can stay fit by living a healthy lifestyle. But Medicare beneficiaries have an additional healthcare advantage because many preventive care services are 100% covered by Medicare…
Taking retroactive Social Security will have consequences
Once you pass your full retirement age, delaying your Social Security claim will allow you to earn Delayed Retirement Credits of 2/3rds of 1% per month of delay, meaning you’ll get a higher benefit for when you finally claim.. Social Security…
Want a bigger Social Security payment? Simply wait to claim
So who wouldn’t want to collect up to $5,600 per year more in Social Security benefits? Not many, for sure. Yet, by far the majority of people claim benefits much earlier than they truly need to, resulting in a benefit…