retirement
New SSA Commissioner Making a Difference
If you are skeptical about customer service improvements at the Social Security Administration, you are among the many who hold that view. Seems like, in past years, we have witnessed a number of appointed Commissioners and temporary “Acting Commissioners” who…
A Retirement Nightmare – Social Security’s Annual Earnings Test
A Retirement Scenario Picture this: You’ve worked all your life in your chosen profession and are getting tired of the rat race. You’re 62 years old and comforted to know that you are now eligible to collect Social Security. You…
Ask Rusty – I’m Still Working; Why Didn’t my Benefit Amount Increase?
Dear Rusty: I have been working somewhat consistently since commencing my Social Security benefit income. I’ve been collecting since my full benefit age of 66, approximately. I’m now 81, and customarily, in about October of each calendar year, Social Security…
The “Best Age” to claim Social Security
Spoiler alert: There is no “one best age” to claim your Social Security benefits! Fact is, everyone’s personal circumstances are unique, so what is best for me won’t be the best for you also. Multiple surveys have analyzed when people…
Social Security: Financial Reality and Politics
Those who focus on Social Security’s looming 2033 financial crisis know that there is a solution to the problem. The data are fairly easy to understand – Social Security must increase revenue while also reducing costs – to avoid an…
Maximum Social Security Benefit You Can Receive in 2026
Many retirees view their full retirement age (FRA) as the best time to start receiving Social Security benefits, as you will receive 100% of your benefits with no restrictions on continuing to work. In 2026, the maximum benefit someone reaching…
Did You Know Your Social Security Payments Can Be Garnished?
Even though private creditors cannot touch your Social Security payments, the Federal Government can if you owe it money. You can also have your Social Security payments garnished if you are in arrears on child support or alimony. The type…
Trying to Locate a Lost 401 (k) or Pension?
If you have switched jobs over the years and left a 401(k) or Pension behind, the information in an article written by Sarah Agostino may help you locate it. She provides information on websites that can help you locate them.…
When Should You Take Your Social Security Benefits?
When to take your Social Security benefit is a decision only you can make. If you are married, you should decide with your spouse. This decision will affect the rest of your life. You should consider your life expectancy (you…
Estimating Your Life Expectancy is One of the Most Important Parts of Retirement Planning
No one knows how long they will live, but it is important to consider your life expectancy when deciding when to retire. According to the Centers for Disease Control and Prevention (CDC), a 65-year-old retiree today should expect to live…