Latest News
Diagnosed with Cancer? Social Security and Triage Cancer Can Help
(Source: Social Security Administration) When people hear the dreaded words, “You have cancer,” many thoughts often overwhelm them. They think about their health, family, and mortality. They think about treatment options, oncologists, and cancer centers. What they typically don’t think…
Anxious to See Your New Benefit Amount? There’s a Way to Jump the Line.
The Social Security Administration is sending out letters to inform beneficiaries of what their newly adjusted monthly payment will be in January, and you will get yours eventually. If you want to find out sooner–as in right now–there’s a way…
IRS Offers Additional Security for Social Security Numbers
In case you weren’t aware, the Internal Revenue Service next month will be offering an Identity Protection Personal Identification Number (IP PIN) program designed to proactively protect taxpayers against identity theft. As explained in a post on cpapracticeadvisor.com, the IP…
Getting “Additional Social Security Benefits” as a Result of Military Service
An article posted today on GoBankingRates.com suggests that certain Veterans may have an opportunity to “boost” the amount of their Social Security benefit check, depending on when they served in active duty. This is an area where the AMAC Foundation’s…
The “Average” Social Security Benefit
The Motley Fool’s Christy Bieber, in an article posted on their website, reports on the increase in the average monthly Social Security benefit payment for 2022. While she notes that it has increased by $92 as a result of the…
Filing Early? Be Certain You Understand the Implications.
Believe it or not, filing for Social Security benefits at the earliest possible age (62) is still statistically the most popular choice. There may be valid reasons why some folks make this choice, but one wonders if those who do…
Retirement Security: Understanding (and Dealing With) Financial UNcertainties
Much has been written in financial media about the simple premise that Americans typically do not–or are not able to–save sufficiently to ensure a comfortable retirement. In a post by Transamerica Center for Retirement Studies carried on prnewswire.com, the key indicators of retirement…
The Argument for “Easing In” to Retirement
Sudden movements can be scary. If you have a dog, for example, you know that quick, unexpected gestures often cause them discomfort. Life is a lot like that, and most folks, especially seniors, like to carefully plan changes in their…
More Thoughts on the “When to File” Question
On the surface, it sounds like a fairly simple decision: file early and get less in monthly benefits but for a longer time, versus wait as long as you can, maybe to age 70, and get a higher monthly benefit…
The Importance of Getting Social Security Guidance
As documented in a post by Investment News Contributing Editor Mary Beth Franklin, the volume of retirements has recently blossomed, outpacing the rate of retirements seen in the period following the Great Recession through the pre-pandemic era of 2019by a wide margin.…