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Should you claim Social Security at 62?
Here’s a reality check: 62 is the most popular age for people to claim their Social Security benefits. That seems somewhat counter-intuitive when you consider that there will be a sizable increase in your benefit payment for each year you wait beyond that, which…
Income tax day is around the corner – Are you ready?
As time moves incongruously toward that April day when you must have your income taxes filed, now is the time to review your tax records to make sure you have everything you need. The Social Security Administration can help by giving you easy access…
Social Security: Can it go bankrupt?
If you’re at that point in your life where retirement is on your horizon, it can be pretty disconcerting to hear so many reports about how Social Security “is going broke” or will be bankrupt by the time you need…
Will your Social Security benefits be taxed?
If Social Security is your only source of income, than you probably won’t have to pay any income tax on your Social Security benefits. But, thanks to a law enacted in 1983, if you’re single and have combined income over…
Your confidence in Congress may affect when you claim Social Security
Most people already know that Social Security is facing some serious financial issues which could, in the future, lead to a cut in the benefits they are able to pay. So how do you decide whether ii’s smart to wait…
Social Security facts you should know
In this article appearing at 9News.com, Josh Weller, who serves as a Public Affairs Specialist in the Denver, CO SSA office, answers some of the most frequently asked questions about Social Security. From how are Social Security benefits earned and…
Saving for retirement after divorce
Divorce at any age is traumatic, but especially so when it occurs later in life disrupting any retirement planning that assumed the couple would live out their lives together. Aside from dividing up assets and all of the legal ramifications divorce…
Your retirement savings: Signs you’re not on track
Sadly, at least 50% of Americans don’t have enough saved for retirement, and many don’t even know how much they’ll need when they finally reach their golden years. But if your goal is to retire with some degree of comfort…
How to get a bigger Social Security check
Yes, we know that you probably see many advertisements about how to “get $570 more Social Security” or “the $16,122 Social Security bonus most retirees overlook”, so you may be wondering – what exactly is the “secret” that these advertisers…
Here’s where $80 billion in monthly Social Security payments go
Every month, the Social Security Administration pays beneficiaries just shy of $80 billion in Social Security benefits. Although the bulk of these payments – nearly $60 billion worth – go to retiree’s, the rest goes to spouses, survivor’s and dependent…