3 Big Reasons to Check Your Social Security Statement

My Comments: By now you know that I spend time promoting my online school created to help people retire. Of the four modules of the primary course, one of them is devoted to Social Security. For most of us, retirement is a transition from working for money to not working for money. As that happens, …

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Will Social Security Be Around for Your Grandchildren?

My Comments: Maybe. But without some changes, what they get may be very different from what folks are getting today. I’ve written several times about how to fix the system without pushing the economy into chaos. Just know that the longer the wait until changes are made, the more disruptive it will be for everyone. …

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Confused? 10 Social Security Terms You Need to Understand

Just 10? Nah, there’s lots more but let's start with these. If you’ve been paying FICA taxes ( see #3 below ), and have done so for at least 40 quarters, then you can expect to qualify for retirement benefits at some point. None of these 10 tell you when to claim benefits, or what …

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3 Social Security Rules We Can All Agree We Hate

My Comments: The latest budget proposal from the current White House suggests there will be a new effort to partially defund Social Security, Medicaid and Medicare. What exactly do they expect to achieve politically from this effort? Those of us already receiving Social Security benefits plus the many millions more who are aging and becoming …

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The ‘Yuge’ Republican Lie About the Deficit

My Comments: Yes, I’m a registered Democrat and have been since 1963. And, yes, I’m not happy about the growing Federal deficit. Two observations: (1) I’m OK with a deficit if there is bipartisan effort to see it as a potential problem and an effort is made to keep it a reasonable percentage of the …

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How Are Spousal Benefits Calculated for Social Security?

My Comments: As with most Social Security calculations, this one is also prone to misinterpretation and mistakes made. My wife and I are an example. I claimed at my FRA (full retirement age) but my wife, 4 years younger, did not. We’re not sure why that happened but for whatever reason, she elected to file …

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55 All-Inclusive Social Security Facts

My Comments: No comments from me this time. I think 55 things to think about are more than enough. There's probably a 56th, but I have no idea what it could be. Good luck! Well, as luck would have it, I just thought of something. There is likely to be some movement in Congress soon …

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