Headlines
Five things that can help all Americans understand and maximize their Social Security benefits
The Social Security program is extremely important to the financial security of millions of Americans in retirement; however, many Americans don’t understand Social Security, especially those who haven’t yet reached retirement age. The attached article gives five Social Security tips that can…
The Crisis in Social Security Demands Action by Congress
Conwell Hooper of the American Senior Alliance argues for action now to shore up Social Security’s finances. Currently, over 62 million Americans received Social Security benefits. Hooper calls it “frightening” when referring to the Trustees Report released last month that noted for the…
Social Security payments after death of a spouse
There are a myriad of rules and regulations regarding Social Security benefits, and they are quite complex to the layperson. In this post, Phillip Moeller describes what happens to the Social Security benefits both spouses were receiving when one dies. …
Can’t Wait Until 70 to Start Benefits? The Next Best Time is…
Experts are near unanimous when they say starting Social Security benefits comes down to the key question of how long one expects to live. But, as Lorie Konish of CNBC notes, for a lower earning spouse, it generally does not pay to wait to claim benefits…
Many GenXers & Millenials Not Counting on Social Security
PGIM Investments is out with survey results on what Millenials (born 1981-1996) and Generation X (born 1960-1980) think about Social Security, retirement saving, and work. Just 70% of Gen Xers and 51% of Millennials expect Social Security benefits when they retire. Alarmingly, one-third…
Social Security Broke? No. In Trouble? Yes.
Steve Vernon describes the fears about Social Security’s demise as unwarranted, given that the 2018 Trustees Report is essentially the same as the 2017 report. But, of course, we are one year closer to that 2034 year of insolvency. Still,…
Claiming Social Security Early Can Make Sense – Sometimes
Perhaps no decision is more important for mature Americans than when to claim Social Security. Claiming benefits early at age 62 results in a permanent lower benefit, but as the author notes, there are times when it makes sense. Read…
Social Security’s Perils Suggest Current Workers Should Save More On Own
Polls show many current workers have heard at least some information about Social Security’s funding crisis. But studies also show workers are not doing enough to take action. While the program will survive, and could be made stronger with modest changes…
Stats for the Curious, Direct from SSA
You’ve probably seen an article or two referencing the number of people receiving Social Security benefits of one kind or another–61.9 million, in fact–and you may wonder what types of benefits these folks receive and the dollar value of these…
“Situational Social Security”–The Motivation Behind NSSA’s Program
Marc Kiner and Jim Blair, founders of Cincinnati’s Premier Social Security Consulting, several years ago created the country’s only accredited Social Security education program. Since then, their program has trained and certified thousands of professionals to advise beneficiaries on strategies for claiming…