Social Security
Do the Social Security File and Suspend and Restricted Application changes impact you?
In November, Congress decided to eliminate both the option to file and suspend your application and the option to file a restricted application. Fortunately, they are not closing the door on these options immediately, giving people who qualify for these benefits the opportunity to decide what they would like to do. If you qualify, filing…
Read MoreInflation Adjustments for Social Security
The Cost-of-Living Adjustment (COLA) for Social Security benefits will increase 1.5% in 2014. COLA began in 1975 in order to safeguard Social Security and Supplemental Security Income benefits from inflation and is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers, calculated by the Bureau of Labor Statistics in the Department…
Read MoreRetirement Planning : Social Security Optimization
Retirement age has finally come for many within the baby boom generation. Whether that be a young boomer retiring early at 58, a 62 year old retiring simply because she is finally eligible for Social Security, a 66 year old “hanging it up” because he is eligible for his work pension, or a 69 year…
Read MoreMaximizing Social Security Survivor Benefits
Mary Beth Franklin is a highly regarded financial expert and editor for several industry publications including Kiplinger. In this short video she provides a quick primer on how to maximize Social Security Survivor Benefits. As a widow or widower, many people forget that you are left with a few different Social Security income options. One…
Read MoreSocial Security Goes Mobile
Social Security Goes Mobile Smart phone and tablet users now have access to a revamped Social Security Administration website. They retooled their site to cater to the growing population of internet users using smart phones. According to their study, 6% of their visitors were viewing the Social Security site on a smart phone, and that…
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