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Social Security and COVID-19’s “Second Wave”
Well, statistics seem to support the notion that the second wave of COVID-19 infections is upon us. While most financial advisors do not normally advocate for an early claiming of Social Security benefits, it’s clear that we’re in anything but…
Attention Women: Social Security and Your Financial Future
In response to a concern expressed by a MarketWatch reader, retirement reporter Alessandra Malito presents a case for alleviating concerns expressed by a stay-at-home mom in planning for her future retirement. “It’s not too late. You got this!” says Malito, backing this…
Retirement Security in the Wake of COVID-19
It’s becoming clearer and clearer as the coronavirus pandemic tightens its grip on the world, and as the economic turmoil continues to rattle financial markets. Most notably, unemployment is being more widely recognized as a source of retirement planning anxiety,…
Social Security Pre-Application Steps to Think About
While the process of actually applying for Social Security benefits has been made fairly easy these days via online services, there are still some significant points to consider before embarking on that process. The Motley Fool’s Katie Brockman, in a post…
Applying for Social Security Online
Social Security Administration claims specialist J. Parrish, in a post on galesburg.com, provides a quick review of the online application process for Social Security benefits, beginning with the creation of a my Social Security account. Her article also includes a list of…
Concerned About Outliving Your Resources?
The Steet’s Robert Powell takes a look at one of the most prevalent concerns on the minds of retirees–running out of money in one’s “golden years.” Citing commentary from a recent Society of Actuaries’ Aging & Retirement Strategic Research Program study,…
Social Security and Other Potential Stimulus Bills
The Motley Fool’s Christy Bieber, in a post on their website, provides insight into several potential stimulus bill proposals and assesses what they would mean to Social Security beneficiaries (or not mean, as the case may be). Her analysis addresses Kevin…
Coronavirus Relief and Social Security?
The future of Social Security may become a factor in the next pandemic relief measure, if in fact there is one. Specifically, rumors have begun to surface suggesting that the “Time to Rescue United States Trusts Act (TRUST Act)” may…
Taxability of Social Security Benefits – How it Works
The fact that your benefits can be subject to federal income tax can come as a not-do-welcome surprise when you retire. So, it’s important that you understand the mechanics of this provision and factor it into your financial plans. In a…
COVID-19 Ramping Up Again–What it Could Mean for Those Nearing Retirement
Whether it’s the potential of yet another wallop to the employment picture, or whether the resurgence might ignite another stock market slump, it’s clear that the impact of the pandemic’s second wave has many folks jittery. Especially those on the…