To pump up your retirement income, put off getting your first Social Security check for as long as you can. For married couples, however, the rules for collecting bigger benefits month are trickier.
To pump up your retirement income, put off getting your first Social Security check for as long as you can. For married couples, however, the rules for collecting bigger benefits month are trickier.
Search: Live. Watch CBSN Live. ... worth reviewing the basics because waiting till you reach full retirement age is the single biggest thing you can do to boost your Social Security benefits. Yet ...
But what about the benefits you're entitled to? Over the years, I've received many comments from readers who expect to receive back all the money they paid in Social Security taxes, as if they ...
The GOP recently announced its proposal to eliminate Social Security’s funding gap with large benefit reductions accompanied by tax cuts on affluent retirees, but with no rise in revenue to the ...
Assuming an average life expectancy of age 88 and Social Security benefits of $1,500 at FRA, here's how these two options compare. At 62, your reduced monthly benefit is $1,095, or $13,140 per ...
At least 20 killed in violent clashes in India's capital; ... Steve Vernon helped large employers design and manage their retirement programs for more than 35 years as a consulting actuary. Now he ...
So can you work while collecting Social Security benefits? If you're receiving Social Security income before the year you attain your Full Retirement Age (FRA, which is currently age 66 for most ...
Your last bit of homework is to estimate each of your life expectancies; two excellent websites for this purpose are www.livingto100.com and www.bluezones.com.. Now let's look at some strategies ...
Now let's continue the checklist of things to learn, steps to take, and decisions to make regarding Social Security benefits. First, read my previous post as background for understanding this post ...
When should you take Social Security? ... People who are in good health and have enough savings to live on are better off waiting until age 70 to take Social Security. ... I love the instant ...
(MoneyWatch) When is the best time to claim Social Security benefits? It's certainly not a snap decision, considering Social Security's complex rules, which I've previously written about as part ...
5 things you must know about Social Security. ... insurance company MassMutual recently surveyed 1,513 people online and asked them 10 basic questions about Social Security benefits. Only a little ...
But what about all the headlines about the Social Security Trust Fund will run out of money in 2033? Goss explained that Social Security benefits that are paid each year to retirees and ...
Many people say they can't remember when they last received a Social Security statement in the mail. That's not too surprising, considering that Social Security mails a paper statement to workers ...
With the debt super committee reviewing all forms of federal government entitlements, it's good to keep in mind the basic reasons we need Social Security. Social Security is a collective good for ...
Social Security is not a Ponzi scheme or a lousy investment. It's simply one generation helping another. Here's the right debate to have: What's the right amount of help that we can collectively ...
Nothing get clicks from seniors like a scary story about Social Security, and the Associated Press supplied a real granny-grabber last week: Social Security on Pace to be Drained by 2037.Hyper ...
In fact, the Social Security trust fund operates more like an accounting ledger, according to the conservative-leaning Heritage Foundation. The Treasury estimates its tax receipts, then "credits ...
(MoneyWatch) Since we're in political sound-bite season, let's address a misconception that's often repeated by pundits and political candidates alike: Congress raided the Social Security trust ...
If you invest in state and local government bonds, these governing entities spend the proceeds on their operations, including roads, rapid transit systems, sewers, computers and the salaries of ...