(Adam Levy) Getting the most out of your Social Security retirement benefits could help make your retirement much more enjoyable, and maximizing your benefits could come down to one decision. When do you decide to apply for Social Security? Deferring until age 70 will be a great choice for many retirees who can benefit from …
1 Way to Score a Richer Monthly Social Security Payment Read More »
(Keith Speights) Americans can start receiving monthly Social Security retirement checks as early as age 62. However, that doesn’t mean you actually have to retire. Lots of people love what they do for a living. They like the idea of staying busy and earning money while receiving an extra amount from Social Security. But there …
Here’s the Biggest Problem With Working After Claiming Social Security Read More »
(Christy Biber) The amount of your Social Security benefits can vary greatly depending on the decisions you make. In particular, the age at which you choose to apply for benefits can have a particularly profound impact on the amount of money you get back. In fact, you could potentially increase your monthly payment up to …
How to Score an Extra $1,830 by Social Security Check Read More »
(Dan Caplinger) If you want to get bigger Social Security checks when you retire, it’s important to know all about the federal government’s program. Unfortunately, it can be difficult to get the information you need, and many people are still unaware of the key aspects of Social Security that determine the amount of your benefits. …
(Justin Pope) Retirees feeling crushed by the highest inflation in decades are getting some relief. The Social Security Administration announced that benefits will receive an 8.7% Cost of Living Adjustment (COLA), the largest increase since 1982. In pure dollar terms for the average Social Security recipient, it will be the biggest COLA ever recorded. Don’t …
Social Security’s Record 2023 Increase Isn’t All It’s Supposed To Be Read More »
(Maurie Backmann) Social Security is financially fragile. In future years, the program expects to owe more benefits than it takes in as baby boomers leave the workforce, reducing its main source of revenue, payroll taxes. If lawmakers fail to find a way to pump more money into Social Security, the program may have to cut …
Some lawmakers want to strip social security from high earners. Will this happen? Read More »
(Sam Swenson, CFA, CPA) When it comes to locking in a higher Social Security check, learning the basics is a productive first step. If you want to have a higher spending floor in retirement, earning more and working longer are the main behaviors you need to focus on. Only a small minority of workers manage …
3 Social Security secrets for even bigger checks Read More »
Elon Musk’s acquisition of Twitter has prompted many longtime users to seek out alternative social networks. Amy Osborne/AFP via Getty Images hide caption toggle caption Amy Osborne/AFP via Getty Images Elon Musk’s acquisition of Twitter has prompted many longtime users to seek out alternative social networks. Amy Osborne/AFP via Getty Images Since Elon Musk bought …
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This illustration photo shows the logo of Donald Trump’s new social media app, Truth Social, on a smartphone in Los Angeles, February 21, 2022. chris delmas | AFP | Getty Images Digital World Acquisition Company., the blank check company that plans to take Trump Media and Technology Group and its Truth Social platform public, said …
Trump Media Partner Says Shareholders Approve Postponing Merger With Parent Truth Social Read More »
A new study has found that most Americans should wait until they’re 70 or older before they start claiming Social Security benefits or they could lose thousands of dollars. A National Bureau of Economic Research study (pdf) found that when Social Security recipients claim their benefits too soon, they receive no more than $180,000 in …
Most Americans lose $180,000 in Social Security benefits due to key mistake: study Read More »
