Archive | Social Security

1-minute video: How To Maximize Social Security SURVIVOR Benefits

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). The video mentions Full Retirement Age as a reference to claiming Social Security benefits early, or late. Full Retirement Age depends on your birth year and is explained here. Here are other short articles […]

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How Social Security Benefits Keep Up with Inflation for Those Working or Retired

With inflation dominating the news, people may be developing more than a passing interest in how the Social Security cost-of-living adjustment (COLA) is figured for inflation’s effects on the loss of purchasing power of each dollar. Whether it’s a matter of simple curiosity or an effort to maximize benefits through strategic claiming, people should know […]

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Social Security Earnings Test While Working: How is the Benefit Recomputed at Full Retirement Age (FRA)?

If a person is under Full Retirement Age (FRA) and works while also receiving Social Security, their Social Security benefit will be subject to the earnings test: $1 in benefits will be withheld for every $2 earned over the annual threshold (earnings test link shows that threshold amount for the present year). An example for […]

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1-minute video: How Can Social Security and Retirement Planning Work Together for Your Benefit?

Please enjoy this 1-minute video (for those receiving this by email: please click on the blog title line above to view). Social Security is often dismissed or minimized by many when it comes to retirement planning. This is a mistake since Social Security forms a firm foundation that you can’t outlive. People don’t recognize the […]

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Working and Social Security Benefits

https://stocksnap.io/author/directmedia Working and Social Security Benefits Most people are not aware of the Social Security earnings test, or income limits, if they claim benefits while still working prior to reaching their Full Retirement Age (FRA) [FRA is THE MONTH & YEAR you are eligible for 100% benefits. Before FRA, benefits are reduced. After FRA, benefits […]

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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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