Category: Social Security
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Social Security Made Simple – Free 11/30 and 12/1
The book “Social Security Made Simple: Social Security Retirement Benefits and Related Planning Topics Explained in 100 Pages or Less” is available free on Amazon for two days. This book has been updated as of November 2015 to reflect the changes made to Social Security by the Bipartisan Budget Act of 2015. According to the…
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Three Reasons Young People Should Care About Social Security
There are millions of high school and college students that are searching for jobs. Whether a new worker is beginning the career of a lifetime or just earning some extra money for the school year to come, there is one question that is likely to be on each new worker’s mind when they see their…
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Ruling Affects Retirement Benefits for Married Gay Couples
Married gay couples should take a closer look at their Social Security benefits and their Individual Retirement Accounts. Last Wednesday, the Supreme Court ruled the Defense of Marriage act unconstitutional. Now that the Act denying federal benefits to legally married same-sex couples has been struck down the retirement benefits of married same-sex couples will be…
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Solving Social Security Problems
Discussion about how to get the United States in a better financial position is something that has been all over the news within the past few months. With debt in the country mounting, it is the right time to start considering changes that would allow the country to overcome this debt while improving their financial…
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How Social Security Benefits are Calculated
In order to start preparing for your retirement, it is necessary to calculate social security benefits. This will help you to get a clear idea of how much money you will be receiving each month. You can plan ahead and create a budget based on what your income will be. Social Security benefits are calculated…
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Will You Get Social Security?
With reports that Social Security is spending more than it takes in Social Security doesn’t seem so secure any more. It is predicted that the Social Security trust fund will run out in 2036. A lot could change by that time to make Social Security last longer or end sooner. What Is Social Security? Social…
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Check Your Social Security Report Online
You should check your Social Security report annually to make sure it is free from errors. One of the more common errors is an incorrect amount of earnings reported in your earnings record. Since your Social Security is based on your 35 highest earning years you want to make sure that they have all of…
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Retirement Plan in Tatters
Recently, we read a New York Times article by Joe Nocera called My Faith-Based Retirement. It was a cheerless piece detailing the failure of 401k’s as an investment vehicle, the decline of pensions, the lack of employer-sponsored healthcare benefit plans and the consequent reduction of Boomer’s retirement expectations. A dreary, rain-drenched, out-in-the-street future was being…
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Early Retirement and Social Security
I probably don’t have to worry about early retirement since I am way behind on my retirement savings but for those of you who are considering early retirement and planning on collecting Social Security there are several things to consider. Millions of Americans are coming up on their long-awaited break from the workforce. With the…