Whether for financial or psychological reasons, easing into retirement can provide stability when leaving the workforce. If you’re like most people who are nearing retirement, you may be in the …
Not done working? Why Phased Retirement May be for You Read More »
Social Security recipients will see a 5.9% increase in 2022 – the largest increase since 1982! This means that the average recipient will see a $92 a month raise starting …
What the High Social Security COLA Could Mean for Your Retirement Finances Read More »
The Social Security trust fund is now expected to be depleted by 2034, according to a recent report from the Social Security and Medicare trustees.[1] That’s one year earlier than …
Examining the Future of Social Security, Medicare, and Your Taxes Read More »
Inflation is on the rise, and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve’s commitment to controlling inflation. He admitted that inflation is “well above …
How Will Social Security Respond to Higher Inflation? Read More »
You\’re used to receiving a paycheck, and perhaps you\’ve been used to it steadily increasing over the course of your career. You may have experienced what’s known as “lifestyle inflation” …
According to a recent study, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household.[1] There are many things …
Be Part of the 4% When it Comes to Social Security Read More »
The Social Security Administration recently made some important announcements that workers and retirees should note, including a Social Security benefit increase – and a tax increase. While it’s very unlikely …
How Will Social Security Benefits and Taxes Change Next Year? Read More »
Regardless of who wins the election, Social Security will surely remain a hot button issue. The program currently pays out more than it takes in, and this trend is likely …
How Could the Outcome of the Election Affect Social Security? Read More »
Even if you don’t plan to rely primarily on Social Security for income in retirement, it’s still an important part of your retirement plan. Despite its importance, only 4% …
When It Comes to Social Security, Focus On What You Can Control Read More »
Long after the restaurants and hotels are open again, the economic impact of the COVID-19 pandemic will still be felt by many individuals and the country. During this time of …
Far-Reaching Effects of This Pandemic on Social Security and Taxes Read More »
