Headlines
There is No Perfect Age to Start Claiming Benefits
While many financial experts suggest waiting until your full retirement age (FRA) or later to file, there is no single perfect age to start claiming your Social Security benefits. However, in Maurie Backman’s article titled “Should I Wait To Take…
Will your Medicare premium go up next year? It depends
Millions of older Americans depend on Medicare for their health care coverage. For 2018, some will see their Medicare premium go up, some will see it go down (for Part D), and still others will see no change. It all…
Social Security’s 2018 payroll tax cap and earnings limits going up
Along with announcing that beneficiaries will see a 2% COLA increase in their benefit for 2018, the Social Security Administration also released news for those still working that the payroll tax maximum amount is going up to $128,700 (from $127,200) and that…
2018 COLA increase to be 2%
The Social Security Administration has just announced that the cost of living adjustment (COLA) for all beneficiaries will be 2% starting in 2018. While this only represents about $25/month for the average recipient, it’s the biggest in the last five…
Pay close attention to Social Security in your retirement strategy
With traditional defined-benefit pension plans largely disappearing from the employment landscape, Social Security takes on an ever increasing importance when planning for retirement. Two key claiming strategies for couples to maximize their benefits have all but disappeared, but it’s still…
Women shouldn’t wait to secure their retirement
Women face unique challenges when it comes to preparing for their retirement. They often don’t work as many years, earn as much, or save as much as their male counterparts, so planning for retirement should take an even more urgent…
Why do people take Social Security early?
Why do so many people take their Social Security benefits early? According to a recent Boston College survey, the reasons are myriad, but the fact is that a majority of people apply for Social Security benefits before their full retirement…
When to apply for Social Security? Knowing these facts will help you decide.
Social Security is arguably the most important government program the majority of America’s senior citizens will ever participate in, so making sure you understand the basics of how the system works is crucial. It’s not always wise to wait until your full…
Lower Premiums Prices May Be Headed Your Way
For seniors, Medicare is a critical social program. Without it, many might struggle to pay their medical bills and receive the necessary medical care. So enrolling in Medicare, or a Medicare Advantage plan, for those 65 and up is crucial…
Protecting Your Social Security Information in the Wake of Breaches
First, it was Equifax in the news, then it was Yahoo hitting the media airwaves, and who can forget Target’s revelations? Now, even fast food chain Sonic has joined the parade. From all that’s been reported, it’s pretty clear that…