Demystifying When to Claim Social Security Retirement Benefits

Claiming Window is 8 Years Long  Perched high on our list of Frequently Asked Questions is this: “When should I claim my Social Security retirement benefits?” That’s not surprising, since there is an 8 year window, starting at age 62…

Continue Reading »

The Office of Inspector General’s latest report

The Social Security Administration Office of the Inspector General (OIG) is responsible for protecting taxpayer dollars. Their statutory mission is to prevent and detect fraud, waste, and abuse, and to strengthen the Social Security programs and operations.  They do this…

Continue Reading »

The Claiming Age Clarity Act

The Claiming Age Clarity Act (H.R. 5284) passed the House on Monday and was sent to the Senate for consideration. The bill aims to simplify Social Security terminology to help retirees better understand their benefits and make informed claiming decisions.…

Continue Reading »

The contribution limits are increasing

Social Security is a federal government program funded through payroll taxes that provides a basic level of retirement income. However, Social Security is only designed to replace about 40 percent of your pre-retirement income, not all of it. Over 70…

Continue Reading »

Retirement Security for Couples 

We encourage Americans to focus on saving for their co-called “golden years.” Saving for retirement is, of course, important, but equally important is how Social Security income fits into each couple’s retirement future. After all, statistics show that, savings aside,…

Continue Reading »

Q & A View More Answers »

“Ask Rusty – About Tax Filing Status and Medicare”

Dear Rusty: I’m trying to figure out if I should change my IRS filing status to “Married – Filing Jointly” prior to getting reviewed for my Medicare Part B and Part D.  My current IRS status is “Married – Filing…

Continue Reading »

Popular Questions

Handy Tools & Calculators View All »

Website by Geiger Computers