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Is 2018 your “retirement year?”
If it is, there are many things you’ll want to think about as you get set to take the plunge. Time.com columnist Elizabeth O’Brien, in an article posted today on their website, offers suggestions on a few that sometimes get overlooked…
Credit for the Elderly or the Disabled Explained
The Motley Fool’s Wendy Connick takes a look at Social Security’s Credit for the Elderly or the Disabled feature, something that can be particularly important to those relying on their Social Security benefits for 90% or more of their livelihood. She…
A Primer on Social Security Basics
Certified Financial Planner ™ Mary Lynne Dahl, writing in a post today on www.sitnews.us, provides a comprehensive synopsis of Social Security and its basic components. Her post covers the basics of when to file, spousal benefits, COLA provisions, and the Earnings Test,…
Thinking of filing for Social Security at age 62?
While much of the financial press advises against early filing for benefits, claiming at age 62 does make sense in some situations. The Motley Fool’s Dan Caplinger explains some situations where filing as early as possible might just be the…
New Year’s Resolution: Save for retirement
It’s something of a tradition to make New Year’s resolutions, sometimes vowing to give up bad habits or simply turn a new leaf and live better. But there is one thing that you can do to help your future self,…
Don’t celebrate your COLA increase just yet
With all of the publicity over the largest COLA increase in years, many Social Security recipients might be celebrating. But even though the average beneficiary would receive about $27 per month more in benefits, they may be surprised to find…
Applying for Social Security benefits
If you’re at that magical time in your life when you’ll soon be eligible to start receiving Social Security benefits, you may have questions about when you should apply, how to apply, and whether your benefits will become taxable income. This…
You may get less Social Security than you expect
Many people approaching retirement get a statement from the Social Security Administration telling them what their estimated benefit will be. Similarly, with online access to your Social Security account now easily available, you can quickly see what your future Social Security…
COLA increase eaten by Medicare premium
With a great deal of fanfare, the Social Security Administration announced a while back that those receiving Social Security benefits would get a 2% cost of living adjustment starting in 2018. As good as that sounds, many beneficiaries were shocked…
Retiring in 2018? Read this first
Stock market corrections are inevitable, but they can also upset the apple cart when it comes to your retirement savings portfolio. Of course, market corrections with negative consequences will, over time, self correct. But if you’re planning to retire in…