Spouses who do not work or who have substantially lower earnings than their spouse may be able to collect Social Security benefits based on their spouse’s earnings. Below is a common question about spousal benefits.
Most people underestimate the impact that Social Security retirement benefits will have on their retirement. They either assume it won’t be there for them, or that it won’t be enough to make a difference. The truth is that Social Security will be there for you (although I suspect it will be revised several times to […]
Earlier this year, retirees on Social Security saw one of the largest COLA increases they’ve seen in years – since the 1980s to be exact. Unfortunately, the Social Security COLA is expected to be zero for the next few years. If you’ve been receiving Social Security for a while, you know that your benefits are […]
How to Maximize Your Social Security Benefits Now that you understand a little more about how Social Security retirement benefits work, and how important this income stream can be to your retirement, here are some tips to help you get the maximum Social Security benefits you are entitled to. Maximize Your Social Security Earnings Your […]
As Baby Boomers are getting closer and closer to retirement, they have many questions about Social Security retirement benefits, such as… Will Social Security be there for me when it’s my time to retire? We’ve heard for years that Social Security is going broke. Millions of Americans rely on Social Security to fund all or […]