Will your Social Security check be cut

Improper (overpayments) payments were made by the Social Security Administration between 2015 and 2022, totaling $72 billion. There are various reasons why overpayments occur; the most common error is failure to report changes involving income. By law, the Social Security…

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How much in savings will the new deductions provide?

When the “Big, Beautiful Bill” was signed into law on July 4th, it included a new senior tax deduction (temporary) aimed at those seniors who pay taxes on their Social Security. Because this bill was a reconciliation bill, it could…

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Retirement planning mistakes to avoid

The fear of running out of money or being unable to afford necessary expenses in retirement can be overwhelming. If you have retirement anxiety, several coping mechanisms can help you not to feel so overwhelmed. The first and most important…

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Will you pay taxes on your Social Security benefits?

No wonder there has been so much confusion around the One Big Beautiful Bill and the elimination of taxes on Social Security benefits! The Social Security Administration published a press release saying, “A provision that eliminates federal income taxes on…

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The One Big Beautiful Bill Is Now the Law of the Land

The victory laps are underway, the pre-passage performance politics have ended, and the dust is settling on H.R. 1, “The One Big, Beautiful Bill Act.” Now, in the aftermath of President Trump’s Independence Day signing of this historic legislation, America’s…

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“Ask Rusty – Why Can’t I get my Social Security payment plus my Railroad pension from my Ex-spouse?”

Dear Rusty: I have a question. I now get a Railroad Pension from my ex-husband. I did not know it was from the Social Security Administration. I want to collect my SS benefits and my Railroad pension. Can I do…

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