Latest News
Expedited Handling of SS Disability Claims for Wounded Warriors
Regardless of our political persuasion, we can all agree that our “wounded warriors” deserve special treatment, especially those veterans who are disabled as a result of their service to our country. And for that purpose, the Social Security Administration provides…
Start Early for a Comfortable Retirement
There’s hardly a financial planner alive who will not suggest you start saving for your retirement very early in your lifetime. A stark reality, though, is that it’s usually difficult early in life to put money aside for retirement while…
Financial Planning in the Decade Before You Retire
Sure, it’s important to start saving for your retirement in the early years of your working career, and to tweak your savings objectives as you age. But the 10 years immediately preceding the date you plan to retire is, perhaps,…
Special Needs Trust Can Protect Disability and Medicaid Benefits
Americans who suffer a disabling injury and collect Supplemental Security Income (SSI) disability benefits may find themselves with a conundrum - proceeds from a personal injury lawsuit may cause them to lose their SSI income and, most importantly, their Medicaid…
Q&As from the Social Security Administration
The Social Security Administration (SSA) receives myriad questions from both current and future beneficiaries, and attempts to answer those questions in a timely way. Periodically, the SSA shares some of the questions they receive and the answers they provide, as…
Does Your Retirement Plan Know Your Social Security Could Be Taxable?
When planning for your retirement, it’s necessary to consider your income needs compared to your living expenses during your golden years. And as you probably already know, Social Security will play an important, if not crucial, role in your retirement…
Shopping for a Medicare Part D Prescription Drug plan
The Annual Election Period (“AEP” which is sometimes also referred to as “open enrollment”) started October 15th and continues through December 7th. It is during this period of time that you can make changes to your current healthcare coverage, including…
Deciding When to Claim SS? Here Are Three Important Considerations
Deciding when to claim your Social Security benefit is one of the most important financial decisions you will ever make because, whether you realize it or not now, Social Security will become a very important part of your retirement income.…
Claiming Strategies for Married Couples
Deciding when to claim your Social Security benefit is one of the most important financial decisions you will ever make. And financial reality for married couples is that your SS benefits will almost certainly become a very important source of…
Changed: The Famous “4% Rule” for Retirement Withdrawals
For decades, financial planners have been guided by the so-called “4% Rule” which suggests that you can avoid running out of money in retirement by limiting your annual nest egg withdrawals to 4% of your savings. This rule, a 1994…