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Good news and bad news for retirees

What will the 2025 COLA be? We will not know until mid-October when the Social Security Administration releases the amount based on this year’s third-quarter inflation figures compared to the previous year’s. However, that has not stopped experts from estimating…

Social Security Spouse Benefits

Are you wondering when is the best time for your spouse to claim benefits? This can be a complex decision. Generally, spouse benefits are available if 100% of the lower earning spouse’s Full Retirement Age benefit is less than 50%…

Increased COLA Percentages in the Future?

There is a possibility of changing the way Cost of Living Adjustments are calculated in the future. It would depend on lawmakers agreeing to use a different method – relying on the Consumer Price Index for the Elderly (CPI-E) instead…

Are you Collecting Social Security benefits early and Still Working? You need to Know About the Retirement Earnings Test!

Many retirees who are under Full Retirement Age, getting benefits and still working do not understand how the Retirement Earnings Test works. If you earn over the limit ($22,320.00 in 2024) Social Security will take back $1.00 for every $2.00…

Can you Collect Social Security Benefits when you live in Another Country?

For the most part, the answer is yes. There are a handful of countries that are the exception. The number of Americans collecting Social Security benefits from overseas has risen rapidly in the last few years. Lower costs for housing…

Ways to Safeguard your Social Security Account against Scammers

When someone uses your personal information for their own benefit identity theft has occurred. Josh Weller, Social Security Public Affairs Specialist in Denver CO, explains how to avoid this situation in this article published by The Sundance Times on July…

Making the Social Security Disability process easier

The agency recently made changes to the disability application process for both programs it administers: Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI). Updates will improve the application process and take less time for applicants to receive a…

When to Claim Social Security Benefits

Is it better to claim early at age 62 or wait until your maximum benefit at 70? There is no one size fits all answer. It depends on your own individual situation. The Mecury’s writer Janet Colliton gives some helpful…

How can your Social Security Benefits be Tax Free?

The threshold for Social Security benefits becoming taxable is really low and has not been adjusted for decades. Social Security benefits are taxable for a single tax filer at a combined income of $25,000 and for joint filers at $32,000.…

A Question of Identity

Digital Identification is on the horizon. In the interest of sharing only the information necessary to a particular transaction. The Department of Homeland Security Science and Technology is working on a way to use a digital id on your phone…

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