Latest News
Social Security News Coming at you Via Social Media
Social Media outlets have become a regular part of the news and information channels delivering Social Security information to the public. In a post today on syvnews.com, Social Security Administration public affairs specialist Jackie Zaragoza discusses several of theses outlets, providing…
Social Security’s Retirement and Disability Provisions–Understanding Eligibility
Not knowing the rules governing the overlap of retirement benefits and disability benefits can result in a tactical mistake that can cause long-term loss, according to an article posted by David W. Magann, P.A. on www.lawfirmnewswire.com, Using a real-life analogy, Magann illustrates…
The Tax Man Cometh…Even in Retirement
It can come as an unexpected wrinkle in one’s retirement financial plans, this issue of income tax. Many folks are not aware of the fact that their Social Security benefits might well be subject to income tax, when added to…
The Plight of Younger Folks in Retirement Planning
From Social Security solvency concerns to the ever-present difficulties in saving for the future, planning for eventual retirement appears to be a growing worry for younger workers. In fact, as Maurie Backman points out in an article posted on wcfcourier.com, “67% of millennials…
Determining Financial Needs in Retirement: It Goes Beyond Social Security
Figuring out how much income you’ll need for a satisfactory lifestyle is not a simple thing, and the closer one gets to their intended retirement date, the more daunting the task appears.Certified Financial Planner and Aiken Standard columnist Greg Roberts provides…
Your “Primary Insurance Amount”; the basis of your benefit
Though most people never dig deeper than the benefit amount they will receive at any given age, the fact is that your Social Security benefit is based upon one number which is the foundation for computing your payment, regardless of which…
A primer on 401(k)’s: All you need to know
The 401(k) has become one of the most valuable retirement savings tools available. Employer-sponsored 401(k) plans are a great vehicle for workers to build their retirement nest egg, and do so with pre-tax money which will reduced their current income…
The basics about Medicare
Medicare is America’s healthcare program for seniors which will eventually cover nearly 100% of those in retirement. Despite that sobering fact, surprisingly little is known by most of those who will depend upon the program for by far the majority…
Social Security advice from a Financial Planner
Younger workers – today’s “millennials” – are skeptical that Social Security will even be there for them when the time comes, a view probably fueled by the latest report from Social Security’s Trustees which sets 2034 as the date the…
Social Security in the future – what will it look like?
Social Security is arguably the most important retirement program in America, especially considering that nearly 62 million beneficiaries rely on the program every month to make ends meet. But with financial distress rapidly approaching in the form of using and…