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How Much do Americans know about Social Security
In a recent survey 53% of Americans admitted they have limited knowledge of Social Security and how it fits into their retirement plans. Read here… The first link provided above connects readers to the full content of the posted article. The…
Is that Work at Home Job a Scam?
The old adage applies, if it seems too good to be true, it probably is. This Social Security Administration blog from the Ticket to Work program gives tips to help you spot a scam. Read here… The first link provided above…
Announcing Easier Process for SSI Applicants
The new commissioner of the Social Security Administration has been hard at work making changes to make the whole system easier to navigate. Starting in December a digital process for applying for SSI will begin. Matt Bracken for Fedscoop explains…
Deciding when to take Social Security Benefits
There are many options for deciding when to take your Social Security benefits. You can claim them anytime between age 62 and 70. It is an important decision. It is best to consider your finances, your health and your family…
Handling a Social Security Overpayment
There have been some recent changes to the way Social Security will handle an overpayment. The new rules are more customer service oriented. For example, instead of withholding your entire benefit amount, they will withhold 10%. Blake Stimac for CNET…
What can you do Now to Offset a Potentially Low COLA Increase?
With the COLA projected to be about 2.57%, which is lower than the 3.2% this year, here are some ways you can save money: create a budget, shop smarter, review your insurance needs, move to a cheaper state or downsize…
What Happens to your Social Security if you Remarry?
Seniors who are collecting Social Security and remarry may see impacts to their payments. If you are also collecting Supplemental Security Income the addition of your new spouse’s income may offset that benefit. If you are at least 60 when…
Uncertainty Around Social Security and Retirement Planning
Social Security plays a major role as part of retirement planning, however a new survey finds that their is a knowledge gap regarding information and planning across all generations. The gap is less within the baby boomer generation, but still…
Social Security Rules to help Make the Best “When to Claim” Decision
Although millions of people are receiving or about to receive Social Security benefits some rules are not as well known as others. These 3 in particular can affect your benefit amount: You have to work at least 35 years to…
New Legislation to be Applied to Social Security Clawbacks
The new bill was introduced on August 20th. It is called Protecting Americans from Social Security Clawbacks Act. If passed it would eliminate pay back of overpayments that are more than 3 years old, as long as fraud was not…