Social security is a government program that provides financial assistance to people who are unable to work because of retirement, disability, or unemployment.
Learn more about social security from our financial advisors below.
The latest update from the Social Security Administration’s Monthly Statistical Snapshot, as of November 2023, has set the new average monthly retirement benefit at $1,845. At first glance, this amount. . .
The taxation of Social Security benefits is a topic of considerable debate in the United States, especially among seniors. Many advocates for eliminating this tax cite concerns over the disparity. . .
For millions of Americans, the 3.2% cost-of-living adjustment (COLA) to Social Security benefits in 2024 brings a welcome boost against inflation. However, alongside the increased income, questions arise about potential. . .
The Shifting Tides and Individual Choices for a Secure Future The discussion about Social Security’s future is more than just a policy debate—it reflects our changing understanding of retirement. The. . .
Separating Facts from Fiction Deciding when to claim Social Security retirement benefits is a critical financial decision for many, potentially impacting their future income significantly. Unfortunately, several myths and misconceptions. . .
Disclaimer: Social Security benefits are designed to help financially. Please be sure you fully understand how the benefits work and ensure they are what you want. Consult the SS Administration. . .
Understanding the implications of Social Security benefits extends beyond individual planning; it’s crucial to recognize how these benefits can support your family members, including your spouse, children, or parents, in. . .
The imagery of Social Security as a “foundation” rather than a “fortress” is apt. A foundation provides a base upon which something larger is built, while a fortress suggests a. . .
Note: Social Security has benefits for everyone, it is important you find the right expert, can the social security office or see them in person. Your age and contributions will. . .
The Advantages of Delaying Social Security Benefits Delaying Social Security retirement benefits can be a strategic financial decision, particularly for retirees focused on securing a stable and long-term income stream.. . .
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