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More on the Stimulus Checks: An Update on Payment Schedules
CNET Editorial Director Jessica Dolcourt provides an update in this post on the latest scheduling for stimulus payments to Social Security beneficiaries, SSI beneficiaries, and veterans and retired railroad workers. She notes that those who have not received payments via direct deposit by…
Replacement or Corrected Social Security Cards during the COVID-19 Pandemic
(Source: Social Security Administration) During the COVID-19 pandemic, Social Security offices are closed to the public other than by appointment for limited, critical service. However, you can continue to apply for a replacement Social Security card online and by mail. Before…
Taxation of Your Social Security Benefits…A Quick Review
Yes, it’s a fact. Yes, it’s an irritant that affects more than half of all Social Security beneficiaries. It’s been called nonsensical double taxation that curtails retirement benefits seniors have been promised. But still, the fact remains that your Social Security…
So, Where are the checks?
Reports of delays in delivery of the approved $1,400 stimulus checks have prompted inquiries from a group of House of Representatives officials directed to the IRS and SSA for explanation. In a letter dated yesterday, the group stressed “”The American…
More Q&A on the Stimulus Checks (The First and Second Editions, Anyway)
The IRS today posted answers information on five frequently asked questions about the first Economic Impact Payment, focusing specifically on Social Security, Railroad Retirement and Department of Veteran Affairs benefit recipients. Click here to check them out on the IRS.gov website……
Social Security and the Biden Plan: An Interview with Alicia Munnell
In a post on their website, ThinkAdvisor’s Jane Wollman Rusoff recaps an interview with Center for Retirement Research at Boston College director Alicia Munnell addressing the Biden Administration’s plans for fixing the U.S. Social Security System. Citing several pros and cons associated with…
Research: Running Out of Money in Retirement Not as Prevalent as Thought?
The fear of outliving one’s resources is something that keeps many from losing sleep. No question about that, but it is it really the monumental problem many fear it is? NerWallet columnist Liz Weston, herself a certified financial planner, suggests…
Retirement Basics…Some Money Management Thoughts
OK…you’re on the cusp of retirement–or maybe you’ve just taken that step. Either way, before you relax into the easy life, you might want to give thought to some basics that will help you navigate the life ahead during those…
Early 2022 COLA Watch!
We’re only two days into Spring, but the pundits are already opining on next year’s Social Security Cost-of-Living Adjustment (COLA). Take it as just what it is…a very, very tentative projection based on what’s happened over just the past few…
Want a Higher Social Security Benefit?
Just about everyone is interested in getting the biggest payback from their Social Security investment, and at the AMAC Foundation Social Security Advisory Service we field many requests aimed at that goal. Unfortunately, they often come from folks already in…