Three Common Social Security Misconceptions: Don’t Make a Claiming Mistake
Although Social Security provides a significant portion of the income most retirees depend on when their paycheck goes away, many people...
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RetirementGuy
- Jun 15
- 1 min
15 Best Places to Retire in The World On Social Security
n this article, we will take a look at the 15 best places to retire in the world on social security. If you want to skip the detailed...
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RetirementGuy
- Jun 8
- 1 min
Are You Waiting To Take Social Security At 70? Maybe NOT!
A lot has been written as to why you should wait until 70 to start collecting your Social Security benefits. In the right situation, that...
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RetirementGuy
- Apr 6
- 1 min
9 Ways to Help Clients Reduce Taxes on Social Security
How Are Social Security Benefits Taxed? Social security benefits can be subject to taxes as follows. If your client files as single and...
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RetirementGuy
- Mar 30
- 1 min
How to Qualify for Social Security Spousal and Survivor Benefits
If you never paid into Social Security or didn’t work long enough to qualify, you may need to rely on Social Security spousal and...
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RetirementGuy
- Mar 9
- 1 min
What raising the retirement age to 70 would mean for older Americans and Social Security
Democratic and Republican congressional leaders have said that Social Security and Medicare will not be part of any fight over the debt...
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RetirementGuy
- Dec 8, 2022
- 1 min
Social Security 2022: All the Major Changes That Happened This Year
In order to keep the system modernized — and in line with rising costs and incomes — the Social Security Administration announces regular...
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RetirementGuy
- Oct 13, 2022
- 1 min
Cost-of-Living Adjustment (COLA) Information for 2023
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7 percent in 2023....
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RetirementGuy
- Apr 28, 2022
- 1 min
Just 1% of people aced this quiz on Social Security retirement benefits.
Deciding at what point you will collect Social Security benefits may be one of the biggest decisions you make in retirement. Yet many...
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RetirementGuy
- Mar 10, 2022
- 1 min
Calculating Taxes on Social Security Benefits
Many people are surprised to learn that Social Security benefits can be taxed. After all, why is the government sending you a payment one...
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RetirementGuy
- Feb 17, 2022
- 1 min
Will Social Security Automatically Delay Our Benefits Till 70?
Will Social Security Automatically Delay Our Benefits Till 70? Hi Larry, My wife will be our full retirement ages in April but we want to...
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RetirementGuy
- Nov 25, 2021
- 1 min
When Social Security benefits start and stop to be paid out explained
Social Security helps retired workers but it also pays benefits to widows, widowers, and children - benefiting more than 64 million...
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RetirementGuy
- Oct 14, 2021
- 1 min
Giant COLA: Mixed blessing!
Official confirmation that the January cost of living adjustment (COLA) for federal retirees will be 5.9% is good news. Up to a point! It...
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RetirementGuy
- Sep 9, 2021
- 1 min
What counts as income for SSI?
Income is a key factor in determining eligibility for Supplemental Security Income (SSI), a monthly benefit for people who are disabled,...
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RetirementGuy
- Sep 2, 2021
- 1 min
Social Security Reserves to Be Depleted Earlier than Previously Expected
Social Security’s trust fund will be able to pay full retirement benefits until 2033, one year earlier than predicted in 2020’s report....
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RetirementGuy
- Mar 11, 2021
- 1 min
How to Minimize Social Security Taxes
Retirees with low incomes or whose only source of income is Social Security generally don't pay income tax on their Social Security...
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RetirementGuy
- Mar 4, 2021
- 2 min
How to Apply for Social Security
1. Consider the Timing of Your Application The timing of your application can impact the amount you will receive in benefits. If you wait...
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RetirementGuy
- Jan 15, 2021
- 1 min
How Much You Will Get From Social Security
IT CAN BE DIFFICULT TO predict how much you will receive from Social Security, especially if you are more than a few years away from...
146 views0 comments
RetirementGuy
- Nov 19, 2020
- 1 min
4 Signs You're On Track for Early Retirement
If you're eager to quit working as soon as possible, you'll need to make sure you have all your ducks in a row when it comes time to...
154 views0 comments
RetirementGuy
- Nov 12, 2020
- 1 min
Answer Yes to Any of These Questions, and You Should Wait to Claim Social Security
Deciding when to claim Social Security is one of your most important choices later in life. The size of your retirement benefit is...
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