Q&A: How Does Work Affect My Social Security Survivor Benefits? Q: If you collect widow survivor benefits at age 60 are you restricted as to how much you can earn and still collect benefit monthly? A: Yes, the Social Security earnings limit applies to survivor benefits just like it does for retirement benefits. Site Sponsor: […]
Should Congress Raise the Retirement Age for Social Security?
Every year the Trustee Report shows that Social Security is going to be depleted by a certain date. Consequently, many changes have been suggested to help save Social Security. Related: Should seniors get a one-time payment to make up for the small Social Security 2017 COLA? The Washington Post recently invited readers to provide their […]
What You Don’t Know About Social Security Spousal Benefits Can Hurt You
There’s been a lot of talk lately about Social Security filing strategies, specifically strategies around Social Security spouse benefits. And for good reason; one of the many benefits of being married is that you may be able to collect Social Security benefits based on your spouse’s earnings, even if you didn’t work enough to qualify […]
Can I Get Retroactive Social Security Survivor Benefits?
Q&A: Can I Get Retroactive Social Security Survivor Benefits? Q: I recently found out my father died when I was 17. We were estranged from my father and my mother didn’t file for Social Security benefits for me. I’m now 20. Can I get those back payments? A: Unfortunately, Social Security does not pay retroactive […]
High Earners to Pay More into Social Security in 2017
Social Security provides retirement and disability benefits to millions of Americans. The money that pays for these benefits comes from your paycheck. When you get paid, you have taxes withheld for Social Security and Medicare taxes in addition to federal and state income taxes. The amount that is withheld for Social Security taxes is 6.2% […]
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