Latest News
Faster Processing of SSDI Claims for Early-onset Alzheimer’s Patients
The Social Security Administration has added early-onset Alzheimer’s Disease to its “Compassionate Allowance List” or “CAL.” The CAL is a list of serious medical conditions which essentially offers expedited handling of Social Security Disability Insurance (SSDI) claims for those suffering…
Three Questions You Should Be Able To Answer Before Claiming Social Security
Few things will have a more profound affect on your retirement future than the size of your Social Security payment. Indeed, Social Security is a “major” source of income for nearly 90% of retirees, so it makes perfect sense to understand where…
Social Security’s Services – A Statement By The Commissioner
Anyone who has tried to contact Social Security recently knows that the COVID-19 pandemic has taken its toll on services provided by the Social Security Administration. As most private companies have scrambled to adapt to pandemic-induced restrictions, so has the…
How To Maximize Your Social Security Benefit
The rules surrounding your Social Security benefit are quite voluminous and often confusing, but there are several basic principles which can keep you on the right track. If, like most Americans, Social Security will represent an important part of your retirement income, then maximizing…
Saving for retirement is a gift to your future self
“Saving for retirement is a gift to your future self.” However, the Federal Reserve Board reports 25 percent of the working population has nothing saved for retirement. But rest assured, there is still time to start saving no matter what…
What to do with your old 401(k)
You decided to take that new job; now you need to decide what to do with your 401(k). There are different options available which include; keeping your account with your former employer or rolling it over into a new tax-deferred…
What is your right age to retire?
So what is the right age to retire? Is it 55, or 60, or 65 or never? Well, there is no specific age that is right for everyone, so choosing the right age to retire will be determined by your…
Should you wait to claim Social Security until 70?
You can start your Social Security benefits as early as 62, which is the most popular age to begin, but your benefits will be reduced. Or you can wait until you are 70 and earn delayed retirement credits which will…
How much taxes will retirees owe on their retirement income?
The Center for Retirement Research at Boston College recently found “households in the aggregate will have to pay about six percent of their income in federal and state income taxes, but this liability can rise significantly for those in the…
Challenges can be different for women planning for retirement
“The average amount of money earned by women throughout their career is $850,000 less than that of men” according to recent data on Payscale.com. The wage gap has put women at a disadvantage in several ways including saving for retirement.…