Social Security
Will your Retirement Budget Meet your Needs?
Financial Planning for retirement is challenging. Some parts of the equation are known and some need to be analyzed and estimated. It’s best to look at different scenarios. This article by Mark Henricks for smartasset published on June 5, 2024…
A Puzzle to Solve : What is the best Social Security claiming age for YOU !
Social Security recipients can choose to take benefits anytime between ages 62 and 70. So how do you sort all that out and make the right decision for yourself? If you take it before Full Retirement Age it will be…
A Perspective on Social Security COLA Increases
Let’s face it. We all like to get a large raise. This includes seniors receiving Social Security benefits. The only problem is, when we get a large COLA increase, that means inflation is out of control. Please read this article…
Handling Social Security Fraudsters
Knowing how to spot a scam is very important, as scammers are always coming up with new angles. You may be contacted by someone claiming to be from Social Security who is just fishing for personal information. It never hurts…
Ask Rusty – About Social Security’s “guaranteed” annual cost-of-living adjustment (COLA)
Dear Rusty: I’ve been reading a lot lately about speculation on what next year’s benefit increase will be, and it seems like most of the experts are suggesting a range of 2.5% to 3%. My neighbor says don’t worry about…
What Causes Occasional Double Social Security Payments in one Month?
In May 2024 SSI recipients received two payments, one on May 1st and one on May 31st. This occurred because the first of June fell on a weekend. Social Security’s payout calendar causes this to happen sometimes. As a result…
Making That All Important Decision – When to Claim Social Security Benefits?
The attached article by Stefon Walters on June 2, 2024 for The Motley Fool has information to help guide this decision. First, know your Full Retirement Age and how your benefits are affected by starting before or after that Age.…
Inaccurate Social Security payments – How can this issue be resolved?
By La Grada Finance on June 2, 2024 Although the percentage of accuracy for Social Security payments is extremely high, situations of overpayment or underpayment still occur. Overpayment repay can create a headache for the recipient. Read about possible options…
Technology is Helping People with Disabilities succeed in their Jobs.
By Diane Winiarski on June 3, 2024 for Forbes The benefits from advancing technology can be seen in many different areas of our lives. There is a program (Ticket to Work) for people on Social Security Disability Insurance (SSDI) that…
The So-called Social Security “Apocalypse”
“Apocalypse” and “Doomsday” are words which have been used to describe Social Security’s looming financial issue, but both words are not an accurate way to described the problem. According to this FOX29 article by Heather Miller, it would be more…