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Retirement Pre-Planning 101: Some Basic Items to Consider
Thinking about retiring? If you’re in that frame of mind, now’s the time to consider some strategic points while you still have time. EFC Wealth Management’s Corey Chapman, in a post today on Kiplinger’s Retirement page, lays out five key…
SOCIAL SECURITY SUBCOMMITTEE HEARING ON STRENGTHENING SOCIAL SECURITY’S CUSTOMER SERVICE
A post by Stephen Silver today on nationalinterest.org reports that the House Ways and Means Committee has scheduled a formal hearing on complaints about the quality of Social Security’s customer service. The hearing appears ready to delve into the SSA’s…
The Importance of Considering Survivor Benefits When Claiming
When discussing the spousal benefit consequences of the when-to-file decision, many folks tend to overlook the potential impact on survivor benefits. This post by The Motley Fool’s Maurie Backman, appearing today on wfmz.com, provides an analysis of why “…spousal benefits…
The Intersection of Social Security and Medicare Can be Confusing
Those who have already sailed through the process of signing up for Social Security and Medicare already know this, but there are some points of confusion surrounding when and how to sign up for what. And for those just beginning…
How Your Social Security Benefit is Calculated: The Basics
To many folks, the manner in which the Social Security Administration determines the benefit they, or their dependents, are eligible to receive in retirement is a bit of a mystery. Actually, it’s not really that complex, as explained in a…
Explaining the Complexities of Divorce and Social Security
In a post today on creators.com, former Social Security Administration official Tom Margenau explores several complicated sections of Social Security’s rules and regulations associated with benefits for divorced spouses. After leading off with a basic premise (“With just a couple…
Social Security and the Complex World of U.S. Visas
As outlined in a post by Bloomberg Tax, certain types of visas for work in the U.S. provide exemptions for the FICA tax provision which, of course, provides funding for our country’s Social Security and Medicare programs. This comment in…
Social Security Vs. SSDI: Understanding the Difference
Although they are two separate programs operated under the Social Security Administration umbrella, many folks have questions about how they operate and interact. In a post today on finance.yahoo.com, columnist Josephine Nesbit outlining the scope and eligibility requirements for each.…
The Link Between the Claiming Decision and Survivor Benefits
For married couples, the need for a well-planned decision on when to file for Social Security benefits becomes very pronounced, especially when one of the partners is a much higher earner than the other. CNBC Personal Finance Reporter Lorie Konish,…
Survey Says: Yes, I can afford retirement.
The Employee Benefit Research Institute’s 2022 Retirement Confidence Survey, conducted in conjunction with Greenwald Research in January, revealed that “…over 7 in 10 workers are at least somewhatconfident, including almost 3 in 10 who are very confident…” in their ability…