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How to Supplement Retirement Income
With a 2.5% COLA coming next year and costs continuing to rise, you may want to consider ways to supplement your income. Some suggestions include part time work, using hobbies to create income and gig jobs. This article by Michael…
What is the Best Age to Claim Social Security Benefits?
This decision permanently affects your monthly benefit amount. It could make a huge difference for people who will be relying heavily on Social Security in retirement. In this article Stefon Walters for Motley Fool provides information that is helpful in…
Some Basic Things to Know About Social Security
This article by Ash Marwah for The Villages News lists some facts about Social Security. Read here… Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on…
Why is it Important to Check your Earnings History ?
This article by Rich Fowler, Social Security District Manager in Maryville MO, explains the impact your earnings history has on your eventual Social Security benefit. Any errors in your Social Security payments need to be corrected as soon as possible…
What to Know About Spouse Benefits
This article by Bram Berkowitz for The Motley Fool explains spouse benefits. When a non working spouse did not qualify for Social Security on their own there is an option for them to apply for a spouse benefit from the…
How to Achieve Maximum Social Security Benefits
In this article by Stefon Walters for the Motley Fool the significance of the wage base limit is discussed. This is the highest income earned that pays Social Security taxes. For 2025, you will not pay Social Security tax if…
How to Advise Social Security of Any Life Changes
It’s important to advise Social Security if you have changes such as marriage, divorce, death of a spouse, adoption of a child. Your address, phone number or direct deposit information can be updated with your online account. For more information…
Amount Needed to Qualify for Social Security Credits Going up in 2025
Americans earn up to four credits per year to qualify for Social Security benefits in their later years. The 2024 amount is $1,730. In 2025 it will increase to $1,810. Those who work full time will not be affected by…
Too Many Make This Social Security Mistake in Retirement
Maurie Backman cautions those nearing retirement of one of the single greatest mistakes people make when it comes to Social Security. The program was never designed to be a sole source of income in retirement, as it replaces a mere…
2025 Retirement Changes: 401k plans, RMDs, IRAs, and more
The SECURE Act 2.0 passed by Congress in 2022 was designed to make saving for retirement a little easier. Robin Hartill explains how. The Act pushed back the required minimum distribution (RMD) age from 72 to 73 in 2023, and…