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Here’s the salary you need to make to get the maximum Social Security benefit possible
More than 69 million people received monthly Social Security checks in 2019. Nearly nine out of ten people aged 65 and older receive Social Security benefits, making it an essential part of retiring in the U.S. Benefits are based on your income, the year you were born and the age you decide to start taking money…
Read MoreWednesday Q&A What happens to your SSI benefits when you reach Social Security age?
What happens to your SSI benefits when you reach Social Security age? Gregory explains the Supplemental Security Income (SSI) program and how it can affect Social Security benefits. Who qualifies and what happens if you are denied benefits? Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured…
Read MoreWill the Biggest Cut to Your Social Security Benefits Be the One You Cause Yourself?
You may have heard the rumors that Social Security is in trouble. And unfortunately, they’re true. Social Security is facing a major funding deficit. In the coming years, it expects to owe more money in benefits than what it collects in revenue due to the fact that so many baby boomers will be existing the…
Read More6 retirement-planning mistakes to avoid when you are in your 60s
Once you hit your 60s, it’s time to figure out when you want to retire — and whether or not you can make it happen. By the age of 67, which is when people born in 1960 or later can fully retire on Social Security, you should have 10 times your final salary saved, according to…
Read MorePODCAST34: What happens to your SSI benefits when you reach Social Security age?
Check out our complimentary download, Social Security Decisions Guide below. If you have any questions please give us a call at 504-832-9200
Read MoreWhy Working During Retirement Could Hurt You From a Social Security Standpoint
Holding down a job as a senior could be a smart move, but it could also impact your Social Security income. Many seniors pledge never to work again after retirement, but others opt to work. For some, it’s a matter of needing the money. For others, it comes down to not wanting to be bored.…
Read MorePODCAST26: What is the Windfall Elimination Provision?
Check out our complimentary download, Social Security Decisions Guide below. If you have any questions please give us a call at 504-832-9200 Link to the SSA.gov Windfall Elimination Provision pdf: https://www.ssa.gov/pubs/EN-05-10045.pdf
Read More3 Disappointing Facts About Social Security
Heads-up: Social Security may not be as great as you think it is. A lot of seniors today rely on Social Security to pay the bills in retirement, and chances are, you’ll one day do the same. But there’s a lot of misinformation about Social Security, and if you don’t understand how it works, it could really…
Read MoreClaiming Social Security retirement benefits? Don’t let these myths trip you up
KEY POINTS When it comes to Social Security benefits, “the earlier the claim, the steeper the penalty,” according to Shai Akabas, director of economic policy at the Bipartisan Policy Center. While workers are first eligible to claim at 62, holding off until age 70 could increase their benefits by as much as 76%. But some…
Read MorePODCAST25: Why you need your Social Security Login Info Now
Check out our complimentary download, Are You Paying too Much in Taxes in Retirement below. If you have any questions please give us a call at 504-832-9200
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