Social Security

Weekend reading social security taxes Weekend reading social security taxes
Weekend Reading: Social Security is Taxable? Don’t Be Caught Off Guard

Primarily, the tax affects those with higher incomes, including anyone still working or receiving substantial retirement income.

Weekend reading social security timing Weekend reading social security timing
Weekend Reading: Searching for When

One of the big questions that might impact you when you retire is your decision on when to begin collecting Social Security benefits. Here, author Patrick Brennan explores the factors that influenced his filing strategy after retiring from the Coast Guard at age 63.

Weekend reading working while getting social security Weekend reading working while getting social security
Weekend Reading: 7 Things to Know About Working While Getting Social Security

If you’re planning to work beyond age 62 and/or past your full retirement age (FRA) while simultaneously receiving Social Security benefits, there are important considerations to be aware of.

Weekend reading delaying social security benefits Weekend reading delaying social security benefits
Weekend Reading: Should You Delay Taking Social Security Benefits?

Your ideal Social Security filing strategy will depend on a variety of factors, including time horizon and discount rate used in calculations. However, to help you simplify your decision, two primary methods that can be leveraged.

Weekend reading social security spousal benefits Weekend reading social security spousal benefits
Weekend Reading: The Big Thing Clients Don't Get About Social Security Spousal Benefits

People mistakenly believe they have a choice between claiming their own benefits or their spousal benefits. However, the reality is that spousal benefits are determined through a multi-part calculation and comparison.

Weekend reading cut social security taxes Weekend reading cut social security taxes
Weekend Reading: How to Cut Your Social Security Taxes

Much like other forms of retirement income, your Social Security benefits can be taxed (up to 85 percent), depending on if you have additional income sources.

Weekend reading dont panic social security isnt going away Weekend reading dont panic social security isnt going away
Weekend Reading: Don’t Panic! Social Security Isn’t Going Away Anytime Soon

While policymakers have reforming to do, rest assured, Social Security is more than likely here to stay.

Weekend reading social security mistakes to avoid Weekend reading social security mistakes to avoid
Weekend Reading: 7 Social Security Mistakes to Avoid

Your optimal Social Security claiming strategy doesn’t need to be complicated, but it does involve making sense of complicated rules and regulations.

Weekend reading reduce social security taxes Weekend reading reduce social security taxes
Weekend Reading: 9 Ways to Help Clients Reduce Taxes on Social Security

You’re well aware Uncle Sam wants his share of your retirement income, but some of the families we meet with are surprised to find that includes Social Security benefits.

Weekend reading social security funding solutions Weekend reading social security funding solutions
Weekend Reading: The Future of Social Security: Look at History to Find Solutions

While the system isn’t disappearing, a revision needs to be implemented before Social Security’s estimated 2035 insolvency, at which point 80 percent of benefits can be paid out. Simply put, that makes this a 20 percent problem – not an all-or-nothing issue.

Weekend reading social security myths Weekend reading social security myths
Weekend Reading: Myths That Won't Die

You’re certainly aware of the complexities that come along with navigating Social Security benefits. However, with conflicting information at your fingertips online, here are some Social Security myths to apprise yourself of as well.

Weekend reading social security lump sum offer Weekend reading social security lump sum offer
Weekend Reading: Beware of Social Security Agents Bearing Lump-Sum Offers

If you’re waiting to claim Social Security until age 70 and reap maximum benefits, it’s important to know the lump-sum option that could be offered to you beforehand.