Articles Tagged ‘social security’
Answers to the Most Common Social Security Questions
Social Security is perhaps the most valuable benefit any individual will ever receive from the federal government. For many people, Social Security will be a significant component of their retirement income. Individuals who have not saved for their own retirement may end up relying almost entirely on Social Security during their retirement years.
Despite it being so often talked about, there is still a significant lack of understanding about some basic terms and conditions of the Social Security program; even questions relating to eligibility and benefits.
Here is some retirement advice and answers to some of the most common Social...
Thursday, June 28th, 2012
Social Security is perhaps the most valuable benefit any individual will ever receive from the federal government. For many people, Social Security will be a significant component of their retirement income. Individuals who have not saved for their own retirement may end up relying almost entirely on Social Security during their retirement years.
Despite it being so often talked about, there is still a significant lack of understanding about some basic terms and conditions of the Social Security program; even questions relating to eligibility and benefits.
Here is some retirement advice and answers to some of the most common Social... How to Maximize Your Social Security Benefits
It’s certainly become a hot political topic in recent years, and some people question the long-term stability of the program, but many Americans still depend upon Social Security as a significant source – and sometimes the only source – of income during their retirement years. Despite all the recent discussions, the Social Security program is still a cornerstone of the retirement system in the United States.
It’s therefore important for Social Security recipients to maximize the amount that they receive with each of their monthly Social Security checks. Fortunately, there are some factors that are within your control.
Here is...
Wednesday, October 26th, 2011
It’s certainly become a hot political topic in recent years, and some people question the long-term stability of the program, but many Americans still depend upon Social Security as a significant source – and sometimes the only source – of income during their retirement years. Despite all the recent discussions, the Social Security program is still a cornerstone of the retirement system in the United States.
It’s therefore important for Social Security recipients to maximize the amount that they receive with each of their monthly Social Security checks. Fortunately, there are some factors that are within your control.
Here is... The Changing Trends in Retirement
Retirement is a relatively new concept. It was all but unheard of prior to the 20th century, and it didn’t become common in the United States until the advent of Social Security in 1935. Since then, retirement has changed and evolved in a number of ways.
Up until a few years ago, most workers expected to retire by age 65 and enjoy a life of leisure. But the economic turmoil of recent years has led to numerous changes in retirement trends.
Here is some retirement advice to consider about the changing trends of planning your retirement.
People are waiting longer to...
Wednesday, September 21st, 2011
Retirement is a relatively new concept. It was all but unheard of prior to the 20th century, and it didn’t become common in the United States until the advent of Social Security in 1935. Since then, retirement has changed and evolved in a number of ways.
Up until a few years ago, most workers expected to retire by age 65 and enjoy a life of leisure. But the economic turmoil of recent years has led to numerous changes in retirement trends.
Here is some retirement advice to consider about the changing trends of planning your retirement.
Top 5 Retirement Myths Debunked
Retiring is something that most of us plan to do someday. But relatively few of us understand what we need to do to retire comfortably. Lots of workers who are approaching retirement age have only a fraction of the money they’ll need to get through the years after they stop working.
Too many people learn the things they need to know about retirement too late. This can result in running out of money when you need it the most, and possibly the loss of non-monetary assets.
Here is some retirement advice on five myths about retirement and why they aren’t...
Tuesday, September 13th, 2011
Retiring is something that most of us plan to do someday. But relatively few of us understand what we need to do to retire comfortably. Lots of workers who are approaching retirement age have only a fraction of the money they’ll need to get through the years after they stop working.
Too many people learn the things they need to know about retirement too late. This can result in running out of money when you need it the most, and possibly the loss of non-monetary assets.
Here is some retirement advice on five myths about retirement and why they aren’t... When is the Right Time to Claim Social Security Benefits?
You’re probably well aware of the need to save money for retirement so that you don’t have to rely on Social Security benefits to see you through. Still, those benefits will be an important part of your finances after you retire. Claiming your benefits at the right time will help bolster your financial security.
So when is the right time? The Social Security Administration has set retirement age at anywhere between 65 and 67 depending on when you were born. But you can claim benefits as early as age 62 or as late as age 70. The most advantageous time...
Thursday, April 28th, 2011
You’re probably well aware of the need to save money for retirement so that you don’t have to rely on Social Security benefits to see you through. Still, those benefits will be an important part of your finances after you retire. Claiming your benefits at the right time will help bolster your financial security.
So when is the right time? The Social Security Administration has set retirement age at anywhere between 65 and 67 depending on when you were born. But you can claim benefits as early as age 62 or as late as age 70. The most advantageous time... The Basics of Social Security Benefits
When most people talk about “Social Security” they are usually referring to the program that provides benefits to individuals in the later part of their lives. There are also other programs under the Social Security umbrella, including long-term disability benefits and the Temporary Assistance for Needy Families program. Here is some advice about Social Security’s retirement benefits program.
U.S. Workers fund Social Security (and Medicare) through payroll deductions. This deduction is known as the FICA tax. The portion of the FICA tax that goes to fund Social Security is currently 6.2% of an employee’s gross earnings,...
Tuesday, November 16th, 2010
When most people talk about “Social Security” they are usually referring to the program that provides benefits to individuals in the later part of their lives. There are also other programs under the Social Security umbrella, including long-term disability benefits and the Temporary Assistance for Needy Families program. Here is some advice about Social Security’s retirement benefits program.
U.S. Workers fund Social Security (and Medicare) through payroll deductions. This deduction is known as the FICA tax. The portion of the FICA tax that goes to fund Social Security is currently 6.2% of an employee’s gross earnings,... 
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