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Maximum Social Security Benefit Reaches $2788/mo for 2018
According to an article posted today by Sean Williams of The Motley Fool, the highest monthly full retirement age (FRA) benefit anyone can receive from Social Security in 2018 is $2788, an increase of about 3.7% over last year. This figure…
Younger Workers, Take Heed. There are some things you should be doing now to prepare for retirement.
The Motley Fool’s Wendy Connick provides a set of steps workers in their 20s and 30s ideally should be considering now, even though those retirement years are decades away. Yes, something that far in the future is elusive, but setting…
Planning Retirement Finances–The Big Question
All of the strategies one works into the planning for financing those retirement years hinge on one basic question, and it’s a question that, really, virtually no one can answer with certainty. And it’s a very simple question: How many…
Scammers impersonate the Social Security Administration
(Source: Federal Trade Commission) Your Social Security number is an important key for an identity thief. Scammers want it, and they think of all sorts of ways to trick you into giving it away. Here at the Federal Trade Commission, we’re…
Middle-Income and Risk-Averse? Here Are Some Strategies to Consider for Retirement Planning
It sometimes seems that the low- and high-ends of the financial spectrum get most of the attention when it comes to financial planning for retirement. But what about the large block of folks in the middle–those in the middle income…
Spousal Benefits and Remarriage–Some Points to Consider
For divorced Scial Security recipients considering remarriage, it’s important to know the Social Security details and, of course, the rules. In an article by Karin Price Mueller posted on www.nj.com, the ways in which spousal benefits can be affected by remarriage are…
Thoughts on Filing for Benefits at Age 62
With age 62 remaining the most popular age at which to file for benefits (48% of all women and 42% of all men employ this strategy), those considering it need to know at least one basic fact. Your monthly benefit…
A Roadblock for Those Intending to Stay in the Workforce?
The concept of remaining in the workforce past the traditional retirement age is looking better and better to many folks, but there may be something in the way of this goal: age discrimination. This post by the folks at FedWeek…
The Case for Working Into Retirement
Despite the always-present problem of age-discrimination, there are sound reasons why career extension, as well as part-time work in retirement are important to both older people and the economy. Form reducing senior poverty to retaining technical skills in the workplace, America’s retirement…
Thoughts on the Security of Online mySSA Accounts
It seems like security breaches are constantly in the news, with compromised personal data leading the list of impacts on ordinary citizens. To the more than 34 million people dealing with the Social Security Administration electronically, this is really a big…