Latest News
Can Biden Save Social Security and Medicare?
In this interesting Chicago Tribune editorial piece appearing in the Akron Beacon Journal, a case is made that, as President, Joe Biden has an opportunity to do what Presidents before him have studiously avoided – tackle head-on the looming financial crises…
About Engaging an Attorney for Social Security Disability
Becoming disabled and unable to work is obviously a stressful event in one’s life and, unfortunately, the process of applying for Social Security Disability can add to that stress. Statistically, about 2/3rds of all Social Security Disability Insurance (SSDI) applications…
The Latest $600 “Stimulus” Payment – Who Will Receive?
There seems to be some confusion about who will get the latest $600 “stimulus” check, as some have already received it and some have not. As with the first economic relief payment, there are specific rules which determine eligibility for the…
Social Security Appeal Hearings Now Have a Video Option
When the COVID-19 pandemic forced all Social Security offices to be close to public access, in-person appeal hearings were also suspended. Now, Social Security has announced a new online video appeal option to complement the existing telephone hearing option. The…
All About Benefits for Widows (and Widowers)
Tom Margenau is a retired long time Social Security Administration employee who writes regular articles titled “Social Security and You.” Tom’s articles are always highly informative, but at the same time entertaining, as proven with his most recent contribution to…
Delaying to Claim Social Security Isn’t Always Wise
Most advisors take pains to make sure you know that the longer you delay claiming benefits, the higher your monthly benefit will be. And if you consider only the dollar amount of your benefit, that is sound advice. But most…
Advice About Identifying Social Security Scams
It seems there is no end to the number of ways scammers can try to get at your money, and your Social Security benefit has apparently become a primary target. Key to avoiding being scammed by one of these criminals is…
Key Things to Know Before Claiming Social Security
If you’re approaching that time of life when claiming Social Security is on your radar screen, there are a few key things you should know of, and evaluate before making the decision to apply. Social Security is, admittedly, a very…
Can Stimulus Payments Make My Social Security Taxable?
Many, if not most, Americans received economic relief, or “stimulus” payments during 2020, a result of Government actions to ease the financial impact of the COVID-19 pandemic. Now, as we enter into the annual Income Tax preparation period, many are wondering whether…
How Far Will Your Retirement Savings Go?
How much of a retirement nest egg you will need is a number that varies greatly, depending upon the financial advisor you speak with. Many will say you should have at least a million dollars saved, while others will be…