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...
143 views0 comments
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...
112 views0 comments
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...
181 views0 comments
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...
179 views0 comments
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...
153 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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RetirementGuy
- Oct 22, 2020
- 1 min
7 Strategies To Generate Sufficient Cash Flow In Retirement
The question I receive most from soon-to-be retirees is “where should I invest my money to generate sufficient income in retirement?” The...
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RetirementGuy
- Oct 15, 2020
- 2 min
Social Security Taxes
As you likely know, every time you get a paycheck: 7.65% of your wages are subtracted from your paycheck and go to Social Security and...
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RetirementGuy
- Sep 3, 2020
- 1 min
Claiming Social Security retirement benefits? Don’t let these myths trip you up
For most Americans, deciding when to claim Social Security retirement benefits will be one of the biggest financial decisions they ever...
183 views0 comments
RetirementGuy
- Aug 27, 2020
- 1 min
10 Social Security Calculators That Can Help You Decide When to Claim
ONE OF THE MOST important retirement decisions you will make is when to apply for Social Security. Several retirement calculators have...
148 views0 comments
RetirementGuy
- Jul 9, 2020
- 1 min
8 Myths About Social Security
Separate Social Security facts from fiction to make the most of your benefit during retirement. SOCIAL SECURITY benefits are likely to be...
281 views0 comments
RetirementGuy
- May 29, 2020
- 1 min
Annual 2020 Limits & Rates
Want a single PDF that covers many of the most popular tax limits and laws. From tax brackets, IRA contribution limits, Medicare Premium...
323 views0 comments
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