Social Security and Marital Status: How it Affects Benefits
Whether you’re currently married, divorced or widowed, your marital status may affect your Social Security planning in several ways. Marriage doesn’t change the amount of the retirement benefits you’ve earned; your benefit is based […]
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What is My Full Retirement Age for Social Security Benefits?
Full retirement age doesn’t necessarily have anything to do with when you stop working. Many people retire long before reaching their FRA, or continue working long after. Your full retirement age (sometimes called the […]
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How Are Someone’s Social Security Benefits Determined?
Can you count on at least $3,000 a month, or should you be planning on a monthly retirement benefit that’s closer to $2,000? What about your spouse’s benefit? It’s hard to do any meaningful […]
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When Is the Best Time To Claim Social Security Benefits?
“When should I claim Social Security?” is one of the top retirement planning questions that clients have for their financial advisors. It’s absolutely a big decision, and what’s right for one person won’t necessarily […]
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Preparing for Social Security: What You Need to Know Now
About 180 million American workers are covered by Social Security, and an estimated 65 million people receive Social Security benefits every month. Social Security can be a lifeline for retired and disabled people who […]
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Social Security and Taxes: What Taxpayers Should Know Today
Opening your first paycheck and being dismayed by the amount is a rite of passage for young workers. FICA taxes sure can take a big bite out of your earnings. It’s not much comfort […]
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