retirement
Do you have financial grit?
Do you have financial grit? What is financial grit, and how do I acquire it? According to Daniel Gilham, the managing director of advisor strategy at Farther, “Financial grit is the consistent, relentless pursuit of financial goals. Through economic gain…
The Clergy Act H.R.227
The Clergy Act (H.R.227), if passed, would establish a two-year window for certain members of the clergy and Christian Science practitioners to revoke their exemption from Social Security and Medicare taxes on ministerial earnings. Under current law, individuals who object…
Social Security was originally intended for retirement
The original purpose of Social Security was to provide economic security for the elderly and protect them from poverty when they could no longer work; however, a recent report shows that many older people report receiving both wages and Social…
This Social Security change is a big milestone for retirees
The year 2026 is a milestone for Social Security. No, I’m not talking about bipartisan legislation addressing the insolvency issue, although that would be nice. I’m referring to another bipartisan piece of legislation, H.R. 1900, the Social Security Amendments of…
Know your full retirement age
You can start receiving your Social Security retirement benefits as early as age 62; however, if you start receiving benefits early, your benefits will be permanently reduced. If you wait until you reach your full retirement age, you will receive…
How Does your Social Security payment compare?
Ever wonder how your monthly Social Security benefit compares to others? For some of us that may make us feel fortunate, and for other not so much so. Fact is, the monthly benefits each of us receive from SS may…
Social Security in 2026
Some Social Security rules are designed to automatically change as each new year dawns and, with 2026 just around the corner, it’s important to know what next year holds for those of us on Social Security. This Motley Fool article…
Social Security Reform Options
As the year of reckoning (2033) draws near, many are becoming concerned about the future of America’s most important retirement program – Social Security. The Trustees of the program have warned Congress for decades that Social Security faces insolvency in…
Social Security Disability Insurance (SSDI): Everything you need to know
Here’s a disquieting thought: About 25% of those first entering the workforce will become disabled at some point in their life. Not a pretty outlook, but it is one of life’s proven statistics. However, take some comfort in knowing that…
Oh No!! Time to go back to work?
It may be akin to heresy to suggest it after you have retired, but going back to work might just be in your future. The reality is that inflation, though somewhat eased, still casts its insidious effect on consumer prices.…