Social Security
The Implications of Filing for Social Security Early
MarketWatch contributor Brenton Smith provides, in a post on www.marketwatch.com, some thoughts on the long-term implications of filing for Social Security benefits before reaching full retirement age or even before age 70, when delayed retirement credits stop. His analysis of…
How do age differences impact your Social Security decisions?
Whether it’s a single marriage situation or a re-marriage, the decision on when and how to file for Social Security benefits can be a key part of a couple’s retirement financial strategy. In a recent Washington Post article, columnist Michelle…
More on Social Security COLA Deficiencies
“Social Security’s annual COLA is failing the group of people it was most designed to protect: senior citizens.” This quote is excerpted from a post by The Motley Fool’s Sean Williams on www.fool.com, wherein he delineates several key reasons why…
Social Security By the Numbers
The Motley Fool’s Selena Maranjian takes a look at 25 of the most fascinating numerical facts about Social Security, from the size of the program’s annual payout to beneficiaries (about $1 trillion), to the estimated value of the insurance it…
What’s ahead in 2019 for Social Security?
From the largest cost-of-living adjustment in seven years to a bump in Medicare Part B premiums, there’s a new set of numbers to be factored into the 2019 Social Security year. The Motley Fool’s Todd Campbell takes a look at…
Social Security Mother’s or Father’s Insurance Benefit
(Source: www.benefits.gov) The Social Security Mother’s or Father’s Insurance Benefit is a federally funded program managed by the U.S. Social Security Administration (SSA). These are benefits paid to the surviving spouse or surviving divorced spouse of an insured worker. Continue…
Your Full Retirement Age…Let’s Be Clear
As explained by The Motley Fool’s Matthew Frankel, many folks still believe that 65 is still the magic age for obtaining full Social Security benefits. Frankel explains the present definition of “full retirement age” and what it means to benefit…
Working During Retirement–Some Fresh Perspectives
The Motley Fool’s Maurie Backman, in recapping the results of a recent Schwab study, reports that a surprising number of future retirees project that they will not need to work during their retirement years to supplement their income. Some will…
Social Security and the Poverty Problem
In the wake of the recently-announced 2019 Social Security cost-of-living adjustment (COLA), many seniors are breathing a sigh of relief over the largest increase in seven years. But while that’s a good thing, MarketWatch columnist Paul Brandus, in a post…
A Quick Look at the New Numbers for 2019
The Motley Fool’s Sean Williams, in a post yesterday on www.fool.com, takes a look at recently-announced 2019 COLA decision, and takes a look at the payroll tax numbers projected for next year. Interestingly, his article touches on the oft-repeated question…