Category: Social Security
Sooner rather than later can turn out to be a good strategy. Even though there are many, many excellent reasons to delay taking Social Security benefits, there are some good reasons to take it early that do make sense, according to the Government Executive in “Why You Might Want to Take Social Security Early“. It […]
Half of all Americans working toward retirement expect to work past the age of 65. You can work and plan your retirement. However, it is possible that you may end up returning to work either for financial, social or other reasons, according to the New Hampshire Register in “Returning to work after you retire“. A […]
A checklist can help you stay on top of preparing for those later days. You work long and hard during your life and those retirement days are finally approaching. Unfortunately, some are prepared for those days and some are not, according to CNBC in “Nearing retirement? This checklist can help you make sure you’re financially […]
A leisure world of retirement doesn’t appeal to everyone. If you have decided that you have had enough of work and plan to retire as soon as feasible, you might first take a look at some really good reasons to continue, according to USA Today in “18% of baby boomers and Gen Xers plan to […]
The average loss to the elderly is $1,500 per successful scam. Seniors across the U.S. receiving Social Security continue to be targeted with many scams. However, a favorite seems to be convincing you to buy gifts cards with your savings, according to The Sentinel Source in “How to protect yourself from the Social Security imposter […]
More than half of seniors file early for benefits. Some people may find it necessary to file for Social Security because of circumstances, such as a job loss. However, it is really important to make sure you are making your decisions based on facts rather then myths, according to the Washington Post in “Don’t believe […]
Claiming to be from Social Security may give scammers a better chance of getting your assets. Federal authorities say they have seen a number of scammers move away from claiming to be IRS agents to claiming to be from Social Security, according to The New York Times in “Latest Rash of Calls Come From ‘Social […]
Once you’re on Medicare, you can’t have it both ways. Many people find it useful to have a Health Savings Account. However, they can run into difficulties when they enter the world of Social Security, according to CNBC in “Near retirement and have a health savings account? Beware of snags when claiming Social Security“. As […]
Retirement at age 65 may become a thing of the past. The participation rate in the workforce in people of retirement age has gone to more than 20% for the first time in 57 years, according to Crain’s New York Business in “America’s elderly are twice as likely to work now than in 1985“. As […]
The IRS and those holding your school loans can take aim at your benefits. You have worked your whole working life for Social Security in your retirement and it is relatively safe from creditors, with a few exceptions, according to Yahoo! Finance in “Can Creditors Come After Your Social Security Benefits“. Personal loan payments, credit […]
