Social Security
The Vulnerabilities Women Face in Retirement
CNBC.com’s Lorie Konsh takes a detailed look at the financial vulnerabilities many women face in retirement years. Whether it’s the impact of spousal benefits, the inability to save adequately, or the impact of multiple marriages, Ms. Konish suggests “… there…
Ask Rusty – About Medicare and Social Security
Dear Rusty: I know that when a person turns 65 he or she must enroll in Medicare. I have been informed that the charge for this would be deducted from the Social Security benefit, if it has been claimed. Otherwise,…
Your Social Security Claiming Age and it’s Impact on Your Lifetime Benefits
By now, most likely everyone aging into Social Security eligibility has heard the advice to avoid the temptation to grab their benefits as early as possible. But do you know why? The Motley Fool’s Sean Williams, in a post on www.nasdaq.com, explains…
Making Informed Social Security Decisions is Critical!
Through the years, we’ve often heard that when you move into a new neighborhood, you immediately acquire two resident experts…the neighbor on your left and the neighbor on your right. While that’s OK for many things, it is not OK when…
Government Employees Alerted to Watch Progress on Equal Treatment of Public Servants Act
Federal News Network workforce and personnel reporter Nicole Ogrysko in a post on federalnewsnetwork.com, provides an update on Rep. Kevin Brady’s recent introduction of the Equal Treatment of 5 Public Servants Act of 2019 bill in Congress. Brady, the ranking member of the House…
How The Social Security 2100 Act Could Finance a Tax Cut
Andrew Biggs writing in National Review takes issue with the payroll tax hikes in the Social Security 2100 Act which appears poised to soon pass the House. The Act seeks to make Social Security solvent by increasing payroll taxes and taxing high earners…
Unpaid debt can reduce Social Security payments
Most creditors, including credit-card companies, cannot touch your Social Security payments, but some types of delinquent debt can reduce those monthly checks. Sarah O’Brien’s article on CNBC.com explains that kinds of debt that can get Social Security benefits reduced. The Treasury…
Take Spouse’s Needs Into Account When Claiming Social Security
For singles, the decision of when to file for Social Security boils down to your needs alone. If married, however, the stakes are higher because the choices you make regarding your benefits could dictate how much Social Security income your…
Caution when working while getting Social Security retirement benefits
Going back to work while receiving Social Security benefits may affect monthly benefits. The exact impact of your new paycheck on your Social Security checks depends on two primary factors: How old you are and how much you make. Christy…
Filing Early Cuts Social Security Benefits
Christy Bieber notes that filing for Social Security early reduces the size of monthly checks by as much as 30%, depending on just how early benefits begin. The earliest and currently the most popular age to begin is 62. Bieber stresses that the…