Social Security is one of the most recognizable names around. And it should be. After all, it began in 1935. So, you’d think after 87 years Americans would have a really good understanding of what Social Security is and how it works. The 2022 Social Security Survey conducted by...
So, you’re almost eligible for Medicare. For many who have struggled with health insurance since Congress passed Obamacare in 2010, going on Medicare is a step up from the expensive, high deductible, limited option plans available to them. But Medicare can be problematic too if you don’t know what...
Social Security is usually thought of in terms of an individual’s retirement benefit. But it’s equally important to understand the benefits of Social Security for married couples. Whether you’re a Baby Boomer spouse with limited work history because you stayed home to raise the kids, or a married couple...
I can, I will, I can’t, I won’t. Those are all responses we’ve heard in the past two years about deciding to retire. The response you give or the response you get is directly related to the U.S. economy.   Before COVID, American workers age 55 and above were retiring at...
It’s called a “My Social Security” account. It’s often thought of as something for people getting Social Security benefits. In reality, there are positives for anyone who’s working and paying Social Security taxes.   Protect Your Social Security from Identity Thieves Once you set up a “My Social Security” account, you’re protected....
When it comes to Medicare, what option is best for you—Original Medicare or Medicare Advantage (MA)? Many people are drawn to Medicare Advantage plans, sometimes knowns as all-in-one plans, because they often combine healthcare with vision, dental, hearing, and drug coverage, something Original Medicare doesn’t do. But the Office of...
Oh, you’ve seen it. Things that used to be popular fade away as they’re replaced by something newer, shinier, flashier, or more high-tech. Things like the Walkman, Pet Rocks, and Fanny Packs now exist only in the land of extinction, next door to the island of misfit toys. But a...
Call me crazy, but if I’m dealing with an employee of a company, who has been trained by that company, then that person should know their stuff and be able give me good information and good advice.   Well, that’s not the case when you deal with the Social Security Administration....
It’s just human nature. When we buy something, we want to pay the lowest price and get the best deal. That same principle applies to America’s seniors when they turn 65 and have to choose a Medicare Part D Prescription drug plan. The problem, though, is that choosing the...
Isn’t it what we all plan for? At some point in your life, you’ll stop working and enter “The Retirement Zone.” It will require income that may come from Social Security, retirement accounts, annuities, investments, or any number of sources. Yes, being a successful retiree requires planning. But you...