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Average Spousal Benefit in 2026
Approximately 1.9 million spouses and ex-spouses currently receive a spousal benefit, according to an article written by David Mania. A spouse receives a spousal benefit when 50% of their higher-earning spouse’s full retirement age (FRA) benefits are more than 100%…
Don’t overlook providers network
We are currently in the Medicare Open Enrollment period, during which Medicare recipients can make changes to their Medicare coverage. While most people consider the financial aspects of their coverage, many overlook a crucial factor: in-network providers. Julie Carter, writing…
Making the Most of the New 65 Plus Tax Break
The President was unable to keep his campaign promise to end taxation of Social Security benefits, as it never advanced in Congress, but many seniors 65 and over are still going to receive a new tax break. As a result…
Medicare premiums are being pushed by rising payments to Medicare Advantage plans
According to a recent report by the Medicare Payment Advisory Commission (MedPaC), the cost of Medicare Part B premiums is being pushed by rising payments to Medicare Advantage plans. “Medicare will spend about 20 percent more on Medicare Advantage enrollees…
Should You Delay Taking Social Security Until Age 70?
Delaying your Social Security benefits until age 70 increases your monthly payment by 76% compared to claiming at 62. However, consider factors like your health, life expectancy, and financial needs. The average break-even point is age 81 or 82. If…
Earning The Maximum Social Security Benefit
Have you ever wondered how to earn the maximum Social Security benefit? In 2025, the maximum benefit amount is $4,018. If you delay taking your benefits until age 70, it is $5,108. For those who choose to file at 62,…
Social Security Is Still Mailing Paper Checks
As of September 2025, there were still approximately 400,000 recipients receiving paper checks. This was down from 456,000 still receiving them in March. They are mostly people who can’t afford a bank account due to not being able to afford…
Social Security is More Than Just a Retirement Benefit
Social Security is more than just a retirement benefit. In fact, Social Security also helps to protect your family. It provides benefits for your family should you become unable to work or pass away. Most young people tend not to…
A Novel Way to Look at the Economic Impact of Social Security
When most folks think about Social Security benefits, they tend to equate these dollars as supporting retirees and their dependents in their “golden years.” While that’s certainly true, Social Security has a much broader impact on the U.S. economy than…
The Cost of Delaying Social Security Reform
The Social Security trustees have been sounding the alarm for decades. The program’s tax revenue has been insufficient to fully fund benefit payments since 2011, requiring reliance on other income streams (income tax on benefits and interest on reserves) to…