Comprehensive and meticulously documented facts about Social Security. Learn about Social Security's taxes, benefits, financial status, reform options, and more.
With Social Security Timing, advisors can strengthen their value by showing clients how to make retirement decisions with Social Security benefits in mind.
There are some (mostly young) skeptics, but Social Security should remain a major pillar of your future retirement income. For over 60% of current retirees aged 65+,Social Security makes up the majority of their income.Therefore, it may be worth spending some extra time figuring out how it ...
The statements can be accessed online by creating aMy Social Securityaccount. People age 60 and up who do not currently receive benefits and who have not signed up for an online account should receive their statements in the mail three months before their birthday. With the redesigned layout, t...
Understanding the definition of disability that the Social Security Administration uses is critical. For the purposes of qualifying for Social Security disability benefits under either SSI or SSDI, the SSA defines a qualifying disability as the "inability to engage in any substantial gainful activity by...
The video explains that this will mean automatic benefits cuts starting next decade, though I doubt that will happen. Politicians will panic and change the law. But that won’t solve the problem. Let’s go to Brian Riedl’s chart book, where we learn that Social Security revenues are stabl...
Keeping your Social Security facts straight is important to getting the most out of the benefits program that so many rely on in retirement.
The three main factors that determine when to take Social Security are: Health And Life Expectancy Financial Situation Marital Status And Age Difference There are no certainties for when to collect in order to receive the highest benefits over your lifetime. However, there are some general rules ...
The CalSTRS board voted this month to “watch” a new cost-neutral bill in Congress that would reduce what has been an unpleasant surprise for some teachers and a shock to others — joining CalSTRS can cut Social Security benefits.
What Social Security does instead is increase your benefit when you reach full retirement age to account for the previous withholding.BREAK-EVEN AGE Your break-even age is the age at which point you'd will are now about come out ahead by delaying Social Security benefits.Everyone's SS break...