How to find out what your Social Security benefits will beSusan Bondy
Many people are aware that retiring on Social Security alone isn't a great thing to do. With the average retired worker today collecting about $23,000 a year in benefits, an income that size doesn't give you a whole lot of leeway to tackle even your basic expenses. And it certainly do...
Potential Challenges in Transferring Social Security Benefits to Another State Frequently Asked Questions (FAQs) Conclusion Introduction Transferring Social Security benefits to another state can be a crucial consideration for individuals who are planning to move or have recently relocated. Whether it’s re...
Thanks to Social Security benefits, some teachers are in better shape for their retirement years than they would be otherwise. For teachers who receive the average Social Security benefit when they reach 65 –$1,503a month in 2020 – it's another$200,000toward retirement, writes Alan Sloan ...
Three factors to consider before working after retirement. In a recent survey, 73% of current workers stated they plan to work for pay after retiring.1And that possibility raises an interesting question: how will working affect Social Security benefits? The answer to that question requires an und...
You applied for Social Security Disability and you just got your notice in the mail that you didn’t qualify for benefits; now what? The first step is tofile an appealwithin 60 days of the date you receive the letter containing the Social Security Office’s decision. ...
However, the application process itself can take up to six months. So, don't wait for the six-month period of disability to elapse before applying for benefits; do it as soon as you become disabled. To learn more about the steps involved in applying, visit theSSA website. ...
Calling Social Security is one way to notify of a family death. If you have lost a spouse or parent who has contributed to Social Security, you may be eligible to receive survivor benefits. It is best to notify the Social Security Administration as soon as possible after the death. Sometime...
If you're approaching retirement, now's a good time to learn how to maximize your Social Security benefits. Some little-known strategies could boost your household’s benefits, whether you live alone or still have minor children at home. Here are six ways to get the most out of your retir...
The Bipartisan Budget Act of 2015 changed the rules on filing for spousal benefits underSocial Security, eliminating some popular claiming strategies that once allowed couples to increase their benefits. The new law didn't, however, do away with spousal benefits entirely. If you qualif...