There's no statute of limitations on how long Social Security can wait to collect an overpayment. More than two years ago, Roy Farmer of Grand Rapids, Michigan, got a letter from Social Security asking whether he'd forgotten to pay a debt he didn't know he ...
If you paid into Social Security long enough to earn 40 credits and have reached your full retirement age, you can make as much money as you like without reducing your Social Security benefits. If you start collecting benefits earlier and earn over a certain amount, a portion of your benefit...
“In some cases, repaying early benefits may be a great investment in maximizing your long-term income, while for others, suspending may strike the right balance.” Deciding to delay, suspend or repay Social Security benefits should also align with a comprehensive retirement plan. “Working with...
How to Start Investing and Saving Investing for the long haul with little cash on hand is doable, but you’ll need a carefully crafted plan. Brian O'ConnellJan. 24, 2025 Increase Your Social Security Payments Follow these steps to receive the maximum possible Social Security benef...
One important idea behind Social Security is that workers can keep earning benefits for every dollar they pay into the retirement system for as long as they keep working. A nonworking spouse qualifies for half of the working spouse’s benefits, so each extra dollar a worker earns can actually...
Even with a planned Social Security raise, beneficiaries may be looking for other ways to boost their cash flow.
One of the most essential retirement savings tips is to avoid making early withdrawals on your retirement accounts. While an early withdrawal may not seem like a big deal in the moment, especially if you have another need for those funds, it can actually have a significant long-term impact ...
Not sure how long to keep documents such as bank statements or tax returns before shredding? Review these essential tips from Better Money Habits on keeping and storing important documents.
In the long run, the SSS program can benefit not only you, but your family members and loved ones as well. So, it’s important to pay contributions regularly! Meanwhile, to monitor your payments, read abouthow to view your SSS contributions online, anytime, anywhere!
Public networks have come a long way, but not all businesses have upgraded to encrypted Wi-Fi. So the next time you're at a coffee shop or airport, look for a lock symbol in the address bar or a URL that starts with https instead of http (the "S" stands for "secure"). If th...