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Contemplating Self-Employment? Here’s How Social Security Tax Works,
If you’re thinking of joining the ranks of the self-employed workers, or moving into the “gig economy,” you need to have full understanding of how Social Security taxes are handled. This www.rothira.com post by Daniel Kurt provides a quick review of…
Rethinking the “File at Age 62” Reflex
With so many folks electing to file for Social Security benefits at the earliest possible opportunity (age 62), one wonders if the long-term economics of this decision are being adequately considered. In a post on www.nytimes.com, reporter Peter Finch explores this…
Social Security-Related Phone Scams–They Just Won’t Go Away!
This news4sanantonio.com post drives home the point that scammers and fraudsters continue to actively target unsuspecting citizens, mostly seniors with whom the term Social Security rings a loud bell. Being aware is being safe, and this post can help you avoid…
The Links Between Saving and Early Retirement
While retiring early seems to be a growing trend, it’s important to keep in mind the fact that the longer you need to fund those retirement years, the larger nest egg you’ll need to amass. And in addition, the lesser…
The Impact of Using Social Security as a Means to Fund Family Leave
Florida Senator Marco Rubio’s several weeks ago floated an idea to enable workers to take two months of family leave and fund it via Social Security, calling it a “budget neutral” proposal. In response, the nonpartisan Urban Institute conducted a study that gauges…
Tales of the FIRE movement: “Financial Independence, Retire Early”
There’s a cultural shift evolving across the blogger community, and it involves folks putting their dreams of vacating the 9-to-5 world as early as possible into play. In a www.marketwatch.com article by Alessandra Malito, anecdotal accounts of two who have looked beyond…
An Update on Social Security’s Spousal Benefit Provisions
The issue of qualifying for spousal benefits under Social Security can be confusing, given the rules for divorced spouses, the rules for Restricted Applications, and so on. This “Help with My Social Security.com” post on player.fm offers some interpretations that can…
Now is the Perfect Time to Check on Your Retirement List
(Source: Social Security Administration) With every change of season, there’s usually a list of essential items that must be done. If you’re getting your house ready for winter, you are likely getting your furnace serviced and cleaning your gutters among…
Social Security’s Crisis is Here
With several disquieting comments summarizing the legislative inaction that has marked Social Security’s advance toward insolvency, EconLib contributor David Henderson speculates that the ability to bank on the nearly $3 trillion maintained in the Social Security Trust Funds has enabled a resolution…
Social Security Shows Up Big in Campaign Platforms
Along with health care, the topic of Social Security and the need to preserve it as a senior benefit program occupied a fairly significant place so far in election campaign ads. An article by reporter David Wright, posted on www.cnn.com, itemizes the…