Archive | Social Security

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Choices – Should you consider Social Security Withdraw or Suspend?

Can, and how, do you do a Social Security Do-Over? What kind of do-overs can you do? What are your choices? In December 2010 the Social Security Administration abolished the strategy of applying for benefits at 62 and then, eight years later at age 70, withdrawing the application, repaying the benefits collected, reapplying to start […]

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Incapacity planning for Social Security

As the Coronavirus continues to put people of all walks of life in hospitals and on ventilators, the necessity of incapacity planning is starting to hit home. The question now isn’t so much “what if I die?” (although there’s that, too), but “what if I’m unable to speak for myself? Who will take care of […]

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Twice the nightmares when identity thieves start your benefits without you!

Two headaches when identity thieves first use your identity to start your Social Security benefits, and then you having to contend with not having reported that income (you never got) to the IRS when Social Security sends the IRS and you the 1099 for that phantom income! Two bureaucracies to contend with for that single […]

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