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Want more money from Social Security?
Seven percent of current retirees have the ideal situation of receiving retirement income from three sources: Social Security, a Pension, and Savings. Even if you are one of those lucky retirees or even if you are not, getting as much…
Americans lack the knowledge of the most basic functions of Social Security
The recently released Nationwide Retirement Institute found Americans lack the knowledge of the most basic functions of Social Security. “Americans across all generations need more Social Security education,” said Tina Ambrozy, senior vice president at Nationwide. She continues to say,…
How will inflation affect your retirement planning
The Consumer Price Index rose to about 3.4 percent for the second quarter of 2021. With inflation on the horizon, what are the implications for you and your retirement planning? Richard Eisenberg’s article outlines the eight points from the “Friends…
Social Security is in trouble but not all hope is lost
To say that Social Security is the foundation for many elderly retirees is an understatement. About 40 Percent of Older Americans Rely Solely on Social Security for Retirement Income. Unfortunately, this foundation is in trouble and facing depletion of the…
Score an Even Bigger Social Security Check
Articles and books abound on how to increase your Social Security. Some scrupulous types even charge for “secret advice.” But there is really no secret to maximizing your benefits. Maurie Backman lays it out in this piece. Do these four things:…
Don’t Let These 4 Social Security Surprises Ruin Your Retirement
Christy Bieber reminds readers that you could find yourself with a significant financial shortfall in retirement by overestimating what Social Security will pay you. She notes it’s best to understand the truth about and have the facts on the program…
Eligibility for spouse’s Social Security benefits
Kylle’ D. McKinney is an Alabama Social Security Public Affairs Specialist. His piece here reminds folks that if you don’t have enough Social Security credits to qualify for benefits on your own record, you may be able to receive benefits on your…
Boost Your Social Security Knowledge
Maurie Backman cites a recent Nationwide survey of close to 2,000 adults aged 25 and over, that found only 18% said they’re very confident in their Social Security knowledge. While the majority of respondents did express some level of confidence, Backman argues aiming for…
Social Security Benefits Likely to Increase, Even Without Biden Action
While President Biden did mention a number of changes he wanted to make to Social Security in the campaign, recipients need not wait for any of them to get a monthly benefit increase starting January 1, 2022. That’s because cost…
Social Security: Understanding the Basics
This informative article by Andrew Lisa on Yahoo Finance takes readers through the pre-Social Security days, where having as many children as possible was the only hedge against poverty in old age. Lisa explains the rationale behind enactment of The Social…