In this article I will tell you step-by-step process how to create Social Security account. My Social Security account is completely free and very easy to create with few simple steps. It is pertinent to mention here that since September 2021 Social Security Administration changed how you create a My Social Security account. The benefits … Read more
There are two most common surprises that you almost always hear from retirees once they have made the transition. There are many factors retirees can decide before they take any decision with regard to retirement. So, after they are retired they realized that they were unnecessarily worried about their future and they made a right … Read more
Understanding Spousal Security Benefits In this article, I am going to be helping you to understand your Social Security Spousal Benefits. So, if you are someone who is getting closer to retirement, this is something you might be starting to think about a little bit, maybe starting to ask some questions or wondering about what … Read more
In this article we will discuss that how can you increase your Social Security Benefits by using a reverse mortgage strategy. What is Reverse Mortgage Strategy? Through reverse mortgage older homeowners can borrow money based on equity in their homes. So, in this article we will discuss following different options that what is the best … Read more
In today’s article we will discuss the three biggest reasons why you should take Social Security as soon as possible as there is no reason to delay applying your social security benefits. I will discuss as to why you need to take it exactly right away, which is definitely going to benefit you rather delaying … Read more
What is Sequence Risk and How Could You Protect Yourself? One of the major risks that you face in retirement that could drain your assets is called sequence risk. Many people are not fully aware about sequence risk and it can be devastating to your retirement if you don’t know how to protect yourself against … Read more
I have developed the following ‘Cheat Sheet’ for 2024 Social Security Benefits. It is an easy reference for key provisions. Full Retirement Age by Birth Year Survivor Benefits All Other Benefits 1945 – 1956 66 1945 – 1954 66 1957 66 years and 2 months 1955 66 and 2 months 1958 66 years and … Read more
The year 2024 will bring a lot of visible/invisible changes to Social Security-2024 in the United States. However, there will be four major changes that could affect you personally, whether you have already retired or approaching retirement in near future. In this article, we will discuss in detail all these changes and also how these … Read more
The method the IRS uses to determine how you pay taxes on retirement creates a big issue, where taxes can be much greater. You have to pay much higher taxes on your retirement income if you fall in the category set by IRS for high tax payers, which would greatly affect your money. In today’s … Read more
In this article, I’m going to discuss what happens to your social security payment if you retire early. You would be lucky enough to have sufficient saving to think about getting early retirement, but a common question that comes up is if you retire 05, 10, or even 15 years you are eligible to collect social … Read more