Category: Social Security
The Social Security Administration may not give you all the information needed for making decision. Americans may not be receiving all the information they need in order to make the decision that is right for them when it comes time to sign up for Social Security, according to the Motley Fool in “6 Key Facts […]
A little education can ease your mind on the future of Social Security. President Franklin D. Roosevelt knew Social Security would have its opponents through the years and purposely made it difficult to remove. And, as the Albuquerque Journal points out in “Social Security likely here to stay, so get educated” the program is not […]
Social Security benefits can continue despite your location, even in a different country. Americans can continue to have Social Security rights and also may have benefits in a foreign country’s retirement plans, according to the article in Public Opinion “Social Security: Retiring overseas? What you need to know to get benefits abroad.” If you have […]
If you receive benefits you need to know how to protect them. A security system that blocked not only thieves but many Social Security recipients from the website has been scrapped for now but your check remains vulnerable, according to the article in Computer World “Trusting the Social Security Administration?”. The problem stems from Social […]
New security measures withdrawn from Social Security Website. The Social Security Administration recently shut down new security measures on its Website after learning they were less than user friendly, according to the ABC News article “Social Security Rolls Back Security Measures on Website.” The requirement Social Security chose is a common one for many banks […]
Social Security faces a more immediate threat than running out of money in 2034. The Washington Post has reported in “Closed Social Security offices, furloughed staff under GOP cuts, agency warns,” that it is possible the Social Security Administration may not receive the funds it needs to operate in next year’s budget. The Social Security […]
Being wrongly placed on deceased list can be a problem. The Social Security Administration mistakenly places the names of living people on the deceased list, according to an NPR report “Social Security Data Errors Can Turn People Into The Living Dead.” When a person passes away his or her name, birth date, and Social Security […]
Social Security may run out of money in 2034 unless a solution is found to shore it up. Boosting taxes on the wealthy is proposed, but its success is questioned. The effectiveness of raising taxes on the wealthy to keep Social Security operating has been questioned, according to an article in Trust Advisor “Can Taxing […]
Government recommendations may fix retirement but larger tax bills may loom. A bipartisan commission has come up with some proposals that may ease the problems of retirement but that fix may not be easy, according to Bloomberg in “High Earners Are Going to Hate These Retirement Proposals.” Since not everyone plans for a comfortable retirement, […]
Some benefit increasing strategies remain despite the loss of file and suspend. The file and suspend Social Security strategy ended April 29, 2016 but other options remain as discussed in Investopedia’s “Alternative Strategies to File and Suspend.” The first option is known as a restricted application. This is a limited option allowing those whose spouses […]
