Latest News
Another Argument for Opting Out of Social Security
The issue of breaking away from Social Security in its present form is not new. It’s been discussed repeatedly through the years and is now resurfacing as the projected full depletion of the program’s financial reserves approaches. The arguments for…
LBJ and Social Security…Again.
It’s one of those myths (or misunderstandings) that won’t go away. We’ve seen it pop up repeatedly in the past, and it seems embedded in the rumor mill that fuels so many aspects of social media. Lyndon B. Johnson, our…
Social Security warns about scams, provides scam awareness information
Source: Social Security Administration Social Security imposter scams continue to be widespread across the United States. Scammers use tactics to deceive you into providing sensitive information or money. If you receive a suspicious letter, text, email, or call, do not…
Taxation of Social Security Benefits–A Reminder of How the Process Works
The deadline for filing 2024 income tax returns is still more than two months away, but for those receiving Social Security benefits, now’s a good time for a refresher on how the taxation of those benefits is applied. A post…
The Changing Face of Retirement
For many folks, and for so many years, the thought of retirement meant leaving the stress and pressure of a workforce career behind and downshifting to a life of leisure devoid of demands and obligations. While some may still have…
Social Security Customer Service Update: Actions You Can Take Online
Facing continued staffing shortages and a growing need for improved customer contact, the Social Security Administration is making strides in its online “self-help” features. Tasks that previously were handled through on-site, in-person contact are steadily being made available for website…
Social Security’s Looming Insolvency…What to do.
The steady and accelerating depletion of Social Security’s Trust Fund reserves, as well as the impact on beneficiaries if no corrective action is taken, are frequent topics in the news these days. Consequently, many folks already receiving benefits, along with…
HR 82 Impact…The Story Continues
The long-awaited repeal of Social Security’s Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) is old news at this point, but the continuing story relates to when those slated to benefit from the repeal will see the results in…
Reaching Age 65 Typically Creates Some Questions
In terms of life cycles, arriving at age 65 for many marks the beginning of a new phase. Whether you plan to retire from the workforce at that point or not (and lately, the trend is to continue employment either…
The “When to File” Question Again, Along with an Analysis of the Ramificatons
For most folks approaching Social Security eligibility, it’s probably a vexing question…do I file as soon as I can, wait until my full retirement age, or hold off until age 70? The standard answer provided by those close to the…