The death of a loved one is typically a devastating event. Even if you don’t think about the emotional toll such a loss has on a person, there’s all the legal hoops that you need to jump through in the wake of such an event; one of the necessary steps you need to take is […]
Changes Coming for the Windfall Elimination Provision?
Since Tax Day is less than two weeks away (I’m a CPA as well as a financial planner and a blogger), I don’t time to write a full post on this, but I saw an article that will make many of you happy (or at least hopeful). According to this article on MarketWatch.com, there is […]
Applying for Social Security Isn’t as Hard as You Might Think
If you’ve decided now is the time to quit your job and enjoy the rest of your life, you’ll need to officially retire. Sadly it’s not as easy as just packing up your office and never coming back to work – while you can do that, you’re not going to start receiving that coveted monthly […]
Budget Deal Eliminates File and Suspend Social Security Filing Strategy
Last week President Obama signed the 2016 budget deal which included several surprise provisions for Social Security. The two biggest changes will be to the “file and suspend” strategy and the ability to file a “restricted application”. The loss of these two strategies will affect many Americans’ retirement plans as they were relying on these […]
No Social Security Increase Expected for 2016
Update: The SSA just announced the COLA for 2017. Social Security beneficiaries will receive a 0.3% increase in benefits next year. The COLA remains low due to low inflation. More details soon… One of the greatest benefits of Social Security is that recipients receive an increase in their benefits as their expenses rise. This is […]
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