Note: Only people who reached age 66 by May 1, 2016 can file and suspend their benefits. “One way to improve your retirement is to maximize Social Security benefits you will receive. In a recent survey, 49 percent of American workers said they are not confident that they will have enough money to live […]
Q&A: Can I Collect My Own Social Security Benefit and My Spouse’s?
Q: Can I receive two retirement benefits? I have heard that spouses can collect 50% of their husband’s benefits; can I collect my own benefit and half of my husband’s? A: You can only collect one Social Security benefit. When you retire Social Security will calculate your own benefit and any other benefits that you […]
Social Security Overpays Billions of Dollars in Benefits
As a Social Security blogger I typically search for news stories on the topic several times a week. Imagine my surprise when the top stories this morning are about Social Security overpaying benefits, sometimes tens of thousands of dollars! ‘Critical failures’ lead to Social Security overpayments – CNN Wed, 30 Oct 2013 11:33:06 GMT Long after […]
Social Security Eligibility: How to Qualify for Social Security Retirement Benefits
While millions of Americans rely on Social Security benefits in their retirement years, not everyone qualifies.
Here are some general guidelines regarding Social Security eligibility:
No COLA for Social Security Benefits in 2011
Update: Good news for the millions of Americans who rely on Social Security – they will be getting a raise in 2012, the first time since 2009. The Social Security Administration (SSA) announced that the cost of living allowance (COLA) increase for 2012 will be 3.6%. According to SSA, the average monthly benefit for retirees […]