Social Security’s Biggest Misconception: Spousal Benefits Before Full Retirement Age
Spousal benefits are benefits unto themselves that can create significant confusion and lead to a lot of questions.
Posts
Why the Windfall Elimination Provision and the Government Pension Offset Exist – in Plain English
There are two rules that may reduce the amount of Social Security benefits you will receive as a public -sector employee – the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These provisions are designed to treat everyone as if Social Security is their only pension source.
Why “Full Retirement Age” Is So Important For Social Security Benefits
“Full retirement age” means the age at which you become eligible to collect 100 percent of your monthly Social Security benefit.
Divorced Spousal Benefits and Social Security
It’s important to plan how you will apply for these benefits. Many ex-spouses do not even know they are eligible for this benefit. Careful planning is a must.
What Happens If You Want To “Withdraw” Your Application To Receive Social Security Benefits?
The law that applies to withdrawing Social Security benefits changed in December 2010. The current rules for withdrawing are detailed here.
Will Social Security Even Be Around for Me to Collect Benefits?
Various fixes are being proposed now to save the program and/or make it viable for future generations.
There are basically three ways to address the problem: do nothing, make raises or make cuts. Here are some of the many proposals suggested for the Social Security program.
When is it Ideal to File for Social Security Benefits?
One of the most commonly asked questions at Mister Social Security is, “When is the best time to file for my Social Security benefits? Earlier or later?”
There are many variables that answer this question, so let’s explore.
16 Reasons to Proactively Plan Your Social Security Claiming Strategy
It’s no surprise that the biggest retirement fear is outliving your retirement savings.
Understanding how Social Security integrates with your overall financial and retirement planning is critical. There is no “one size fits all” category. Why is this so important? Check out my list!
Demystifying The Social Security Spousal Benefit
Without fail, when I sit with clients to discuss maximizing their Social Security claiming strategy the higher earning spouse will say rather emphatically, “My spouse will get half of mine”.
WELL, THAT’S A BIG FAT MAYBE!
Social Security’s New Security Measures To Protect Your Privacy
In August of 2016, the Social Security Administration will add another step to your login process.
When you log on to the Social Security website at www.ssa.gov, you will see a section called “my Social Security” on the home page. You use this section to manage your account, change your address and review your Social Security statement to make sure your earnings have been posted correctly.
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