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Check your benefit statement from Social Security
You may need to request it, because Social Security stopped automatically mailing statements to people under 60, but you should regularly request your benefit statement and review it carefully as part of your retirement planning efforts. This Chicago-Tribune article by…
Scam warning from the Social Security Administration
Social Security’s Inspector General has issued a warning to senior citizens about a phone scheme targeting former clients of a Kentucky disability lawyer. The lawyer, Eric C. Conn, has fled prosecution after pleading guilty to defrauding Social Security. The phone…
Educating Yourself about Social Security
Social Security benefits for many Americans is the core of their retirement income so by educating yourself about Social Security, you can ensure that you claim the maximum amount to which you are entitled. Read article here… Notice: The link provided…
Best Advice on Ways to Save More for Retirement
In the 70th-anniversary issue of Kiplinger’s Personal Finance, they list their best advice on ways to save more for retirement. Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet…
You Should Consider Taxes when Choosing a Place to Retire
Along with sunshine and golf courses, taxes should be on your list when it comes time to choose your retirement haven. Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL…
Retirement Security Act
U.S. Senator Susan Collins (R-ME), the Chairman of the Senate Aging Committee, and Senator Bill Nelson (D-FL) introduced the Retirement Security Act. This bipartisan legislation would help small businesses offer retirement plans to their employees and encourage individuals to save…
Here’s what NOT to do for a successful retirement
Most advisors and nearly all advice columns I’ve read give lengthy advice on the things everyone planning for their retirement should do to be comfortable when those golden years arrive. This article by Gary Mastrodonato of Masters Wealth Management Group…
Social Security Disability Benefits – don’t try to finagle the rules
In this Investment News column, Mary Beth Franklin discusses how trying to mess with Social Security’s rules for claiming disability benefits and maximizing retirement benefits can have some disastrous unintended consequences. The rules are very clear that disability benefits automatically…
Are your retirement expectations realistic?
A recent study revealed that more than half of those surveyed felt that receiving an inheritance was a part of their retirement plan, and more than three-fourths say they’re counting on help from their family after they retire. That’s quite unrealistic, especially considering…
Social Security “credits” earned from working are good for life
In his Social Security and You column appearing in the Tucson.com (AZ) online edition, columnist Tom Margenau responds to a question about someone losing their Social Security credits if they don’t return to work soon. Workers earn Social Security “credits”…