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The Upside and Downside of 2022 Social Security Changes
There has been much hoopla in the media lately about the forthcoming 5.9% Cost of Living Adjustment (COLA), the highest benefit bump in recent history. And while excitement about an increase in Social Security benefits (as well as other Federal…
Postponing Retirement Good for Your Mental Health
Many seniors choose to continue working even after reaching what many consider to be the old traditional retirement age of 65, and the financial benefits of doing so are patently obvious. Not so obvious, however, is that there may very…
You Can Apply for Medicare Online
In this Maryville Forum (MO) article, SSA District Manager Danny Zimmerman explains that you can enroll in Medicare even if you’re not yet ready to retire from working, and the most efficient way to enroll is via the SSA’s online…
When You’ll Get Your Social Security Payments in 2022
In recent weeks, much of the news has trumpeted the 5.9% Cost of Living Adjustment (COLA) that will start appearing in benefit payments in January 2022. This across the board benefit increase, the highest in nearly 4 decades, will boost…
The “Bridge Strategy” for Increasing Your Social Security Benefit
Most of those approaching retirement age know that waiting longer to claim Social Security will mean a higher monthly benefit, but not everyone is in a financial position to wait to get that higher SS check. Fact is, about 70%…
Sometimes, Social Security Payments Don’t Arrive When Expected. Here Are Some Reasons Why.
Here at the AMAC Foundation’s Social Security Advisory program, we frequently receive calls or emails from folks questioning the “disappearance” or late arrival of their anticipated Social Security payments. There are a few reasons why this might happen, and they’re…
Another Look at the 2022 COLA’s Inadequacy
Live5news.com reporter Nick Reagan, in a post on their website, echos what many pundits have been saying since the 2022 5.9% cost-of-living adjustment was announced a few weeks ago. Calling it a “major increase” that “still falls short of inflation,”…
Getting the Maximum From Social Security…Here’s How
For 2022, the most anyone can get in the way of a Social Security benefit payment is $50,328 ($4,194 per month). Unfortunately for the vast majority, a benefit at that level is extremely difficult to attain. The Motley Fool’s Christy…
Looking Ahead: What Retirement Issues Concern you Most for 2022?
For those looking seriously at retirement planning, the year ahead has some challenges. Yes, that’s an understatement, but what do you suppose are the top challenges on the minds of future retirees? The Motley Fool’s Christy Bieber, in a post…
When to File for Benefits…More Thoughts to Consider
It’s tempting to file for Social Security benefits at age 62. In fact, for some, it’s likely critical to their financial survival. For others, though, it might be an option that requires substantial thought before taking the plunge, and it…