by Alan Hopkins | Jul 21, 2019 | Economy & Markets, Social Security
Chances are that you know that the Social Security trust fund is due to run out of money—or “deplete its reserves” as economists put it—by the year 2035. The actual time frame depends on some forecasts, including economic growth, number of workers who remain in the...
by Robert Katch | Jun 25, 2019 | Financial Planning, Social Security
It doesn’t seem fair that your Social Security benefits should be taxed by the federal government. Isn’t this an example of double-taxation? Double-taxation of Social Security may actually be a misnomer, but the way the government calculates the taxes and handles...
by Laura Navarro | May 4, 2019 | Financial Planning, Social Security
Social Security is an often-confusing topic for pre-retirees. There are a lot of questions around when it’s best to start taking your Social Security benefit, whether or not your spouse (or ex-spouse) will receive support after you pass away, and what size of benefit...
by Steve Scott | Apr 18, 2016 | Retirement, Social Security
A modern-day Hamlet might ask…“To File, or Not to File (at age 62 for Social Security)…., that is the question!” What makes this question difficult to answer with any degree of certainty is that everybody’s situation is different. For instance, some people have...
by Manchester Financial | Feb 25, 2016 | Retirement, Social Security
The Bi-Partisan Budget Act of 2015 was passed into law on 11/2/15. It effectively phased out two Social Security filing strategies: “Restricted Application” for spousal benefits and “File-and-Suspend,” two commonly used methods for married couples. The good news is...
