Knowing
the various Social Security benefits available to you and the best time to
claim those benefits can be a challenge. It requires research on your part,
because many people are getting incorrect information from Social Security
representatives, as noted in an audit by the Social Security Administration’s
Office of the Inspector General.
But
how does...
“I
can’t wait to retire!” Have those words ever come out of your mouth? Oh, the
thought of divorcing that demanding, unreasonable boss; doing what you want
when you want; burning all the bridges you never intend to cross again. It’s
the payoff for all those years of hard work.
Unfortunately,
the retirement dream we’ve...
Alhambra's Bob Williams answers the question of whether Domestic Partners qualify as married for Social Security Purposes.
The desire to leave a legacy when you depart
this world has always been the reason to do estate planning. Until now, that’s
been enough. But in today’s world of technology, few people are considering
what to do with their digital assets—Facebook accounts, Twitter accounts, your
business website, online banking. What happens to...
IRA
rollovers are as common as drinking water. But if your rollover isn’t done
correctly, it can cost you taxes and penalties, sucking out money that could
have been used for your retirement. In this article from MarketWatch, you’ll
discover 4 of the most expensive IRA rollover tax traps and how to avoid
falling...
For months now, we’ve been told by the media and by friends and neighbors about all the ways people have been affected by COVID-19. But here’s one you may not have heard about—losing the family home after the death of parents or grandparents who were receiving Medicaid benefits for...
As I sit
here Monday evening with the Dow having closed down 2000 points and the 10-year
Treasury yield around 0.5%, the title of this update seems utterly ridiculous.
With the new coronavirus still spreading and a collapse in oil prices
threatening the entire shale oil industry, recession is now the expected
outcome. Most...
Oh, my! I cringe every time I hear that someone has added their kids’ names to the deed of their house as an estate planning technique. It’s done for the right reasons, but it often backfires.
Sometimes, elderly people will add kids to the deed, thinking they’re removing the house...
One quick glance at the interest rate your bank is paying on your hard-earned savings account balance and you'll turn green. Even though the Federal Reserve has been raising benchmark interest rates for the past three years, the big banks have not followed suit. They are the biggest beneficiaries...
Well, here’s a shocker—the cost of healthcare is getting more expensive all the time—much more. And with the highest inflation rate in forty years draining people’s purchasing power, more Americans are finding it harder to pay their medical bills too. It wasn’t much easier in 2021. The Kaiser Family...