Monthly Archives December 2017

Working During Retirement Could Cost You Part of Your Social Security

By now, you probably know that waiting until “full retirement age” to claim for Social Security can give you a larger monthly benefit. Your full retirement age is defined, by Social Security, according to the year that you were born and ranges from age 65 to 67. However, you can also claim benefits “early”, starting when you turn 62. People take this route for various reasons, such as needing to retire early or needing the extra monthly income. Commonly, people will retire from their primary occupation and then go back to work part time in order to stay busy and
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Categories: Blog.

Take Action Now to Earn This Valuable Tax Deduction

The busy holiday season is upon is, and most likely your income taxes are the last thing you want to think about right now. That can wait until March or April! But unfortunately that’s not entirely true. While there is certainly no need to start working on your return right now, you should take a moment to think about which deductions and credits you might want to claim in the spring. To be eligible for most of them, you need to take action before December 31. In particular, you might be planning to claim a deduction for charitable contributions. There
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Categories: Blog.