What the High Social Security COLA Could Mean for Your Retirement Finances
Social Security recipients will see a 5.9% increase in 2022 - the largest increase since 1982! This means that the average recipient will [...]
Examining the Future of Social Security, Medicare, and Your Taxes
The Social Security trust fund is now expected to be depleted by 2034, according to a recent report from the Social Security and [...]
How Will Social Security Respond to Higher Inflation?
Inflation is on the rise, and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve’s commitment to controlling inflation. [...]
Where Could Your Retirement Income Come From?
You're used to receiving a paycheck, and perhaps you've been used to it steadily increasing over the course of your career. You may [...]
Be Part of the 4% When it Comes to Social Security
According to a recent study, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of [...]
How Will Social Security Benefits and Taxes Change Next Year?
The Social Security Administration recently made some important announcements that workers and retirees should note, including a Social Security benefit increase – and [...]
How Could the Outcome of the Election Affect Social Security?
Regardless of who wins the election, Social Security will surely remain a hot button issue. The program currently pays out more than it [...]
When It Comes to Social Security, Focus On What You Can Control
Even if you don’t plan to rely primarily on Social Security for income in retirement, it’s still an important part of your [...]
Far-Reaching Effects of This Pandemic on Social Security and Taxes
Long after the restaurants and hotels are open again, the economic impact of the COVID-19 pandemic will still be felt by many individuals [...]
Should You Claim Social Security Early Due to Financial Hardship?
If your financial or employment situation has changed due to coronavirus, you may be rethinking your Social Security claiming strategy. While you can [...]