Mom and Dad told us working was a good thing. It may not have seemed like it as kids when they were trying to turn us into fully functioning, responsible adults. But later in life, we discovered it was true.
Working gives a sense of pride and accomplishment. It makes...
Think hard! There must have been something good that came out of your marriage to your ex-spouse, but for the life of you, you can’t think of anything. Social Security may be the answer.
One of the obscure rules of the Social Security system allows you to receive a Social...
Why make it simple when difficult will do. That seems to be the motto of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, even in its title. The SECURE Act has been the law of the land since January 1, 2020, and the 125 pages of reforms...
The checklist when preparing for retirement is a long one. But you need to be aware of one item in particular if you intended to start taking Social Security before your Full Retirement Age (FRA) and continue working—the Social Security Earnings Test. It can suck Social Security dollars out...
If your childhood was like most, when you made mistakes or something went wrong, you really wanted a do-over—another shot at making the right decision? You’re not a kid anymore, but it’s nice to know there’s still an opportunity for a do-over—a Medicare test drive.
When you’re eligible to sign...
One of the advantages of the Social Security system is the Survivor Benefit. Of the 65 million people receiving Social Security, approximately 6 million receive the Survivor Benefit because they are the widow, widower, surviving ex-spouse, minor children or permanently disabled adult children of a deceased worker. The amount...
Since its beginning in 1935, Social Security has become synonymous with retirement income. But as with any government program, Social Security is a behemoth with a lengthy list of rules and hidden intricacies that can make a huge difference in the amount you receive.
Collectively, Americans lose trillions of Social...
There are not many advantages to getting old—hair thins, wrinkles show up at an accelerated rate and there’s a cornucopia of new aches and pains we’re introduced to. As crazy as it sounds, for many, one benefit to getting older is having access to Medicare.
When Congress passed Obamacare in...