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Social Security
Can I work and receive Social Security at the same time? Here’s how much you can earn while still getting benefits — plus 3 tips to keep you out of trouble
Social Security plays a critical role in the lives of nearly 50 million Americans, providing an average monthly benefit of $1,837, according to the SSA. For many elderly individuals, Social…
Read MoreSocial Security: What Is the First Year of Retirement Rule?
Social Security: A vital American institution that provides crucial financial support during retirement. Yet, delving into the intricacies of Social Security benefits can feel like deciphering a complex book with…
Read MoreSocial Security’s Problem Is Growing. This Plan to Fix It Deserves a Look.
While presidential candidates discuss preserving Social Security, the real question lies in how to address its looming financial crisis. With the trust fund facing depletion in a decade and a…
Read MoreAs Social Security marks a milestone, here are 3 things to know about your retirement benefits
On August 14, 1935, President Franklin D. Roosevelt marked a historic moment by signing the Social Security Act into law, giving birth to a social insurance program designed to provide…
Read MoreThree Reasons to Claim Social Security as Soon as You Retire: Why Wait?
When it comes to the decision of when to start Social Security benefits, the choice between immediate or delayed payout may appear straightforward, yet it’s often the nuanced, intangible aspects…
Read More7 Ways to Squeeze More Money Out of Social Security for Life
Despite an average monthly Social Security benefit of $1,787 as of May 2023, strategic planning can help to maximize these payments. Explore key strategies for optimizing your Social Security benefits…
Read MoreSocial Security update: 2.7 million retirees considered ‘never beneficiaries’
Discover a startling statistic: approximately 2.7 million retirees, comprising 3.5% of the senior population, are classified as “never beneficiaries” by the Social Security Administration. Learn more about the 4 categories…
Read MoreTaxes take a bite of more people’s Social Security benefit each year. Here’s why
Discover the hidden factor contributing to the diminishing value of Social Security benefits for seniors, beyond inflation, as this article sheds light on the unchanged federal income threshold that forces…
Read MoreHow to Cut Your Social Security Taxes
Explore the surprising truth about Social Security benefits and taxes, as this informative article reveals how additional sources of income can lead to potential tax obligations on a significant portion…
Read MoreYou may face a ‘stealth tax’ on Social Security benefits, expert warns. These steps can help
Sometimes, Social Security benefits can be taxed. That’s what happened to Susan Desmond’s parents, who were shocked when they realized half the money they sent in for Social Security taxes…
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