Tag Archives: Social Security

Planning for an Uncertain Life Expectancy

Planning for retirement is an important goal for all of us; but in doing so, you also need to consider how long you think retirement will last. No one has the crystal ball that tells us our life expectancy, but … Continue reading

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Social Security Benefits: Divorce & Remarriage

It is common knowledge that husbands and wives are entitled to collect Social Security benefits on their spouses’ work records. Less well known is that this benefit applies to divorced spouses as long as the spouse has not remarried. Divorced … Continue reading

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“Sole Benefit” Payments Expanded

After much concern and some troubling provisions, the Social Security Administration (SSA) has revised its manual and policies to allow first-party supplemental needs trusts to pay for some expenses previously not considered for the “sole benefit” of the trust beneficiary. … Continue reading

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Social Security Benefits to Edge Up 1.7 Percent

The nation’s elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2013. This is expected to raise the average monthly payment for the typical retired worker by $21.  The increase is less than half of … Continue reading

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Ramifications of Marriage after Age 60

Thinking about marrying later in life? Don’t allow your heart to make all of the decisions without at least bringing some thought to the idea.  After all, such a decision can greatly affect a multitude of earlier decisions concerning: estate … Continue reading

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Online Access: Social Security Benefits

You personal Social Security benefits information is now available online! If you would like to review your online earnings statement, simply go to http://www.ssa.gov/mystatement/ (or use the hotlink below) and register.  Upon doing so, you can obtain the following: Estimates … Continue reading

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Social Security: Changes, They are Coming

With all of the varying advances and retreats in federal government legislation recently, it’s fairly easy to get lost in exactly what legislation is in place.  Currently, however, several changes have been or are about to be enacted with regard … Continue reading

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Are You One of the Millions of Financially At Risk Baby Boomers?

Consider that roughly 70 percent of baby boomer women will outlive their husbands.  Consider further that although baby boomer women have been taking strides in the last decade to become more financially involved, roughly 40% of married women still entrust … Continue reading

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Getting the Most from Social Security Benefits

If you are one of the thousands of baby boomers assisting your parent(s) with their financial planning, you may want to look beyond how their savings are invested and also consider whether they are receiving the most out of their … Continue reading

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Re-envisioning Retirement

For many, the thought of saving for retirement is a chore which no one likes to address.  Most of us would much rather contemplate saving for a fabulous vacation.  So, why not think of retirement as life’s ultimate vacation?  Doing … Continue reading

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