Social Security
Nearly 1 in 3 Americans claim Social Security at 62 — but is it the smart move? Here’s why it could pay off to retire later.
What is ideal for one person might not be ideal for another. If you want to retire early, claiming Social Security at 62 is a viable option. But if you…
Read More7 Ways to Reduce Taxes on Social Security Benefits
While Social Security is an important social program, you have to pay taxes on any benefit income that you receive. Enjoy this complimentary download: By submitting your contact information,…
Read MoreAs Social Security’s full retirement age moves to 67, some experts say it should not go higher
Some experts, however, say that raising the retirement age to 70 would harm workers who are unprepared for it and potentially hurt the economy. They argue that increasing the full…
Read MoreThe High Price Retirees Pay for Collecting Social Security Too Early
If there’s one thing retirees agree on, it’s that they’d like to make their Social Security benefits last as long as possible. The best way to ensure your benefits last…
Read MoreThe Public Was Wrong About Social Security
The mistake: Many of us are confused by the complex nature of Social Security benefits. We fail to understand how the system is working and how it will affect our…
Read MoreIf you’re ‘unretiring,’ review your Social Security benefits. There’s a ‘surprise that people may want to avoid’
If you’re thinking about working, either part-time or full-time, and you’re already collecting Social Security retirement benefits, there are a few things you may want to know first. Enjoy…
Read MoreSocial Security Beneficiaries May Not Receive a “Raise” In 2024
Perhaps the biggest financial event of September for retirees is the annual Social Security cost-of-living adjustment (COLA). For those who receive Social Security payments, a higher COLA means an extra…
Read MoreAmericans Give Up $182,000 By Claiming Social Security Too Early, Finds Study
So you’re in your 50s and you’re getting ready to file for Social Security. You’ve got questions, right? Does it make sense to start receiving benefits at age 62? How…
Read MoreSocial Security Benefits Will Jump 8.7%. That’s the Biggest Raise in More Than 40 Years.
The Social Security Administration announced the highest cost-of-living adjustment to benefits since the early 1980s. This is a good news/bad news story: Good because most people will receive an average…
Read MoreHuge Social Security increase comes with drawbacks for some seniors
When it comes to the Social Security benefits hike, there are pros and cons for retirees. The bigger question is what the next year has in store for the economy,…
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