Latest News
Not Understanding Social Security Can Be a Rude Awakening
The Motley Fool’s Maurie Backman takes a look at the consequences many folks suffer as a result of not knowing some of the basics of Social Security…especially how your benefits are calculated and what they will actually be. In fact, her…
Timing Your Benefits’ Arrival
Is really very simple, yet if you pose the question of when Social Security arrive in your account (or when the checks are issued), it wouldn;t be a surprise if few would know. This Social Security Administration article posted on www.pharostribune.com…
Family First Prevention Services Act
As part of the recent congressional funding actions designed to keep the government afloat, lawmakers enacted the Family First Prevention Services Act, enabling Social Security to enable funding for families at risk of entering the foster care system. An article posted on theintercept.com…
Knowing Your Tax Position, and Where to Live, are Keys to Retirement Planning
It comes as somewhat of a surprise to many people entering retirement that their Social Security benefits (at least a portion) are considered taxable income. It’s important to understand this element of our U.S. Tax Code, and an article posted…
The argument for taking Social Security at 62
It’s somewhat of an ongoing question for those approaching retirement: At what age should I start my Social Security benefits? Most people know that they can claim benefits as early as age 62, and many know that waiting beyond that…
Getting your 2017 Social Security benefit statement
Well, it’s tax time again, and although you should have already received your 2017 for SSA-1099 (or SSA-1042S), perhaps you lost it and now need another copy to file your 2017 income tax return. Well, you don’t need to call…
Your Social Security check: Bigger or smaller; it’s your decision
Your “full retirement age”, as defined by Social Security is the age at which you can get 100% of the benefit you’ve earned over a lifetime of working, and for anyone retiring today that age is somewhere between 66 and…
Budget deal includes some long-sought Medicare changes
Largely lost in the partisan hyperbole about the newly approved Budget Deal is the fact that some long sought improvements to the Medicare program were included, which will materially help those who are chronically ill. These include changes to provide…
More bad news about Equifax
In the wake of last September’s announcement by Equifax that the personal data of over 145 million consumers have been compromised comes more bad news that the hack of their data base was even worse than originally reported. In addition…
Social Security for previously undocumented immigrants who become permanent residents
Often a hot-button topic of discussion, Social Security retirement benefits for permanent residents may be payable even if they were previously an “undocumented immigrant” who nevertheless paid their income and Social Security payroll (FICA) taxes using an Individual Tax Identification…