Latest News
Traveling? You Can Still Access Social Security Online Resources
Summer is officially here and you might be planning a vacation or trip. Social Security is here for you when you’re traveling, whether it’s just a state away or when you’re overseas. Continue reading Social Security blog here… Notice: The link…
Changes coming next year for Medigap plans
There are some Medigap changes coming next year for future 65-year-olds. After this year, two options, Plans C and F, will no longer available for anyone newly eligible for Medicare. Although Plan G will continue to be available, the only…
Is your Social Security statement correct?
Imagine you’re getting ready to retire and you realize something is wrong with your Social Security benefit amount. Whether you request a paper statement or check your account online, Social Security will give an estimate of your benefits at your full…
Think before you leap into buying your dream retirement home
Many people nearing retirement have long envisioned buying or building a home on the ocean or with scenic mountain views; however, the wrong home, or the wrong place, can undo a lot of the retirement saving and planning you’ve worked…
Using the “B” word as you near retirement
The word “budget” sometimes connotes a negative implication for some as they feel it means less spending. Only 41 percent of Americans follow the most basic of financial planning tools which is creating a budget. Here are things to think…
Older single women have a bigger retirement-savings shortfall
Older single American women aren’t saving enough for retirement. In fact, more than four in 10 families where the head of household is between the ages of 35 and 64 will run short of money during their retirement. According to…
Switching Jobs? Remember your 401(k)
According to data from Edelman Financial Engines, four in 10 adults are unaware that you can keep your 401(k) savings in a former employer’s retirement plan. Also, close to 30 percent of participants didn’t know that certain retirement distribution options…
Don’t believe these myths about claiming benefits
Although experts tell that most people would be better off waiting to claim Social Security benefits, but most people file early. More than half apply for Social Security before they reach full retirement age and only about one in 25…
The Federal Communications Commission Helps Consumers Avoid Scam Calls
You know those robocalls from scammers that you keep getting on your phones? We get them at the Federal Communications Commission (FCC), too. Read Social Security Matters blog here… Notice: The link provided in the text above connects readers to the full…
Americans have this much in their 401(k)
The average American worker aged 65 and older has about $192,877 in their 401(k) according to Vanguard’s “How America Saves 2019” report. This balance is nearly $20,000 more than they typically have from age 55 to 64. Income, age, and…