What’s the Future of Social Security?

The Board of Trustees for Social Security just released its report on the solvency of the Social Security program.
This benefit is probably one of the most misunderstood benefits.

Social Security Spousal Benefits

Even if your spouse has never worked under the Social Security system, your spouse may be able to receive benefits if he/she is at least 62 years of age and you are receiving or eligible to receive retirement benefits.

This benefit is probably one of the most misunderstood benefits.

Social Security Vocabulary: What You Should Know

Here is a list of the most common Social Security terms. These terms can be confusing, but understanding them will help you determine what is the optimum claiming strategy for you.

Factors to Consider Before Claiming Social Security Benefits

There are many factors to consider before you decide which Social Security benefits strategy is the best for you (and your spouse, if married).

Below you’ll find a list of factors that are necessary to review in order to maximize your benefits for retirement planning.

Types of Social Security Benefits

There are several types of Social Security benefits. Those benefits are…

Social Security Benefits – The Nuts and Bolts

Many people are confused as to how Social Security calculates the amount of benefits you will receive.

I have listed the basics below in an effort to help demystify the calculation.

Why Is Deciding When To Take Your Social Security Benefits So Important?

Every time I pick up an article about the fears of retirement, it never fails that, outliving retirement savings is always at or near the top of the list, followed by declining health and health care costs. If that’s the case, why do so many people make this one-time decision emotionally and in a vacuum? With increasing life expectancy…

Is it Time for You to Claim Social Security Benefits? Here is All You Need to Know!

Most people spend more time planning their annual vacation than they do planning their Social Security claiming strategy. The average couple could have a lifetime annuity of over $1,000,000.

Do You Know How Your Government Pension Affects Your Social Security?

I have the pleasure of writing this weeks Social Security blogs and sharing information on WEP and GPO. WEP (Windfall Elimination Priovision) and GPO (Government Pension Offset) both affect your Social Security. Here are some details…