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Social Security Benefits

Why There Won't Be A Rise In Social Security Checks In 2017

Diane Archer | Posted 07.22.2016 | Fifty
Diane Archer

For the second year in a row, older adults and people with disabilities should expect to see little or no increase in their Social Security checks in 2017.

Meaningless Monday - Making America Great Again

Phil Davis | Posted 06.13.2016 | Business
Phil Davis

Monday again? Come on people, let's lobby our useless Congress to make all Monday's National Holidays. A 4-day work-week would also make sense. ...

Security Clearance

D. R. Tucker | Posted 05.18.2016 | Politics
D. R. Tucker

Hill's book will also push this issue to the forefront. I'd advise Hillary Clinton, Bernie Sanders and Donald Trump to pick up a copy; whoever takes Hill's advice about Social Security will demonstrate a great deal of political maturity.

Trump and Ryan Agree: Let's Dismantle Social Security

Nancy Altman | Posted 05.16.2016 | Politics
Nancy Altman

Last Thursday morning, a huge crowd of reporters breathlessly covered presumptive Republican nominee Donald Trump's meeting with House Speaker Paul Ryan. But the real action took place the day before the meeting -- and the person who "caved" wasn't Ryan, but Trump.

When Does it Pay to Take Social Security Early?

Jim T. Miller | Posted 04.18.2016 | Fifty
Jim T. Miller

Dear Savvy Senior, I will turn 62 in a few months and am trying to decide when to start taking my Social Security retirement benefits. Almost everythi...

Unequal Pay's Lasting Legacy: Lost Income From Your 1st Day at Work Until the Day You Die

Max Richtman | Posted 04.13.2016 | Women
Max Richtman

It's certainly not news that American women continue to earn less than men for the same work, typically 79 cents on the dollar. But what's less understood is the devastating impact those lost wages have over time.

5 Numbers You Need To Know About Social Security

The Huffington Post | Ann Brenoff | Posted 03.28.2016 | Fifty

There are 2,728 rules in the Social Security handbook and a few million regulations about how those rules are managed. It's safe to say that no single...

Social Security Changes Bring an End to 'File and Suspend'

Paul Solman | Posted 03.02.2016 | Business
Paul Solman

Readers about to take Social Security beware. The rules for maximizing your benefits have changed radically. And April 29 is a date to be especially aware of.

A Crucial Inequality Discussion Is Missing From The Election Debates

The Huffington Post | Erin Schumaker | Posted 03.01.2016 | Healthy Living

The U.S. is facing an impending Social Security deficit. It's a problem that presidential hopefuls Ted Cruz and Marco Rubio want to preempt by raising...

A Dozen Ways Politicians Could Mess With Your Social Security

The Huffington Post | Ann Brenoff | Posted 02.28.2016 | Fifty

For years, Social Security has been the Third Rail of politics -- the thing you couldn't touch without getting zapped. After all, what politician in h...

Yes, You Can Defer Social Security Benefits With A Reverse Mortgage

Michael Lazar | Posted 02.23.2016 | Fifty
Michael Lazar

As we reach retirement age, many of us will consider when the right time is to apply for Social Security benefits. With studies finding that most peop...

Take a Close Look at Social Security in 2016

Nathaniel Sillin | Posted 01.14.2016 | Business
Nathaniel Sillin

Any change to Social Security warrants attention, but there was enough activity late last year to require close reading and maybe a little additional planning if you're getting close to retirement age.

Who Qualifies for Social Security Disability Benefits?

Carrie Schwab-Pomerantz, CFP | Posted 12.14.2015 | Business
Carrie Schwab-Pomerantz, CFP

I wish there was a quick and easy answer to your question, but unfortunately there's nothing quick and easy about Social Security disability benefits (SSDI). There are a lot of rules and regulations regarding these benefits, and it's tough to qualify for them.

Social Security: Government Should Protect and Expand Benefits, Not Pocket Them

Nancy Altman | Posted 12.11.2015 | Politics
Nancy Altman

Many see student debt as a young person's problem, but it affects all generations. People ages 65 and older owe $18.2 billion on student loans. People ages 75 and older owe around $2 billion on outstanding student loans. As the population ages, the amounts owed by those age groups are increasing rapidly.

Social Security, Ponzi Schemes and Why the Government Isn't 'Stealing' Your Money

The Conversation US | Posted 11.11.2015 | Politics
The Conversation US

Two points were made in the October debate that deserve scrutiny. One was voiced by several candidates, from Senator Rand Paul to Governor Chris Christie: Namely, that the government has been "stealing" from Social Security. The other is that Social Security is a giant Ponzi scheme Let's discuss why this is a terrible misrepresentation of this program and how Social Security actually works.

Does an Ex-Spouse Qualify for Survivor Benefits?

Carrie Schwab-Pomerantz, CFP | Posted 11.13.2015 | Divorce
Carrie Schwab-Pomerantz, CFP

As with anything to do with Social Security, there's more to consider. So let's start by going over the basics; then we can explore some scenarios that may help you maximize your benefits.

Social Security's 2016 COLA Is Zero. Senator Warren Has a Plan to Fix That.

Nancy Altman | Posted 11.06.2015 | Politics
Nancy Altman

By closing the "performance pay" loophole, Senator Warren's proposal would end a giveaway to the wealthiest in order to provide an extremely well-justified payment to tens of millions who have seen the value of their benefits slowly deteriorate for years.

Taking Social Security at 62: Is It a Good Idea?

Carrie Schwab-Pomerantz, CFP | Posted 10.20.2015 | Business
Carrie Schwab-Pomerantz, CFP

I'm turning 62 this fall and looking forward to starting Social Security. My good friend told me it's better to wait, but I'm eager to supplement my income. How do I decide?

3 Silver Linings To Social Security Beneficiaries Not Getting A Raise

The Huffington Post | Ann Brenoff | Posted 10.20.2015 | Fifty

For the third time since 2010, Social Security recipients won't be getting a cost of living adjustment in 2016, according to a blog post by Jim Borlan...

Social Security's Viagra Benefit for Kids

Jim T. Miller | Posted 10.19.2015 | Fifty
Jim T. Miller

It's true. If you're retired and are still raising young children, there's a little-known Social Security benefit dubbed the "Viagra benefit," that can put some extra money in your family coffers.

6 Social Security Tips Everyone Should Know

Michael Lazar | Posted 10.15.2015 | Fifty
Michael Lazar

Social Security can be obscure and confusing. If you have ever tried to read through the countless pages of obfuscating text, then you would most certainly agree.

Huge Premium Increase Likely For Millions With Medicare

Diane Archer | Posted 09.16.2015 | Fifty
Diane Archer

Every year but two for the last 40 years, people have seen a cost-of-living increase in their Social Security checks, an inflation adjustment. But, they will see no increase at all in their Social Security benefit in 2016.

Women and Social Security

Bobbie Brinegar | Posted 09.02.2015 | Politics
Bobbie Brinegar

Today -- 80 years after FDR signed the Social Security Act -- Social Security continues to be one of the nation's most successful, effective, and popular programs. It's by far the most effective anti-poverty program in the United States.

Here's What Social Security Will Look Like by the Time Millennials Retire

GOBankingRates | Posted 08.21.2015 | Money
GOBankingRates

Since millennials don't know how much government support they will have during retirement, they need to start saving now. Here are a few good retirement savings tips: Pay off all debt first to avoid accruing interest and put money into an IRA automatically.

Filing for Ex-Spouse Social Security Benefits: Does Your Ex Have to Be Involved?

Carrie Schwab-Pomerantz, CFP | Posted 08.21.2015 | Divorce
Carrie Schwab-Pomerantz, CFP

Unfortunately, if you aren't in touch with your ex and don't know his PIA, you won't know exactly what your spousal benefit will be until you file. The Social Security Administration (SSA) can't tell you anything in advance.