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How To Avoid a Government Impersonator Scam

(Source: Federal Trade Commission) Scammers pretend to be calling you from government agencies like the Social Security Administration and the IRS. Or say they work for Medicare. They say that if you don’t pay or you refuse to give them…

Homelessness and Social Security

(Source: Social Security Admonistration) Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) are lifelines for people experiencing homelessness. The U.S. Department of Housing and Urban Development’s 2020 Annual Homelessness Assessment Report notes roughly 580,000 people are currently without a home…

Taxation of Social Security Benefits…Ways to Escape it

It looks like the taxation of Social Security benefits will continue to be a fact of life, at least for the time being. So, can you do anything to mitigate the impact of this tax on your retirement financial picture?…

More Thoughts on Social Security COLA

The Motley Fool’s Maurie Backman, in a recent post on mooresvilletribune.com, takes a look at how the most recent cost of living adjustments enacted for Social Security recipients have lagged cost increase faced by seniors. Although some key healthcare cost components have…

SSA Rolling Out New Statement Format?

Chris Kissell, in a post today on www.moneytalksnews.com, comments on what appears to be a revamped format for the “Your Social Security Statement” document issued now being previewed by a limited audience of mySocialSecurity account holders. The new format shortens the…

The “Filing at Age 62” Question again

It’s a subject that just keeps coming up. I’m approaching age 62, so should I file for my benefits at that point or wait. Most financial planners, of course, will tell you to hold off as long as you can,…

Post-Pandemic Retirement Savings Strategies

Indications are that the U.S. is coming out form under the COVID-19 pandemic cloud, with many folks now turning to an examination of their retirement savings plans in the aftermath of the economic devastation. Jobs are again available, and folks…

Some Pointers on Social Security Disability

Over eight million Americans currently receive Social Security Disability Insurance (SSDI) benefits, so it’s not an insignificant portion of the program’s benefit structure. Despite what many would call a high number of recipients, there are fairly stringent requirements in place…

Maximize Social Security for Your Lifetime

Diane Mtetwa writes here on how to maximize monthly benefits for life with Social Security.  The key is understanding that the earlier you take benefits, the less you will get– permanently.  Few realize this, as 62 is the most popular…

Test drive your retirement of leisure before doing it

This interesting MarketWatch piece by Alessandro Malito suggests people not dive right into a life of leisure without planning for it.  Of course not everyone can actually pretend to retire for a month or two while they still need to…

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