Category: Financial and taxes in retirement
— “Beware those free dinners”— Updated April 2023 – originally published May, 2018 — One of several recent Member article suggestions was this one: “Is it better to hire a financial advisor or handle that financial planning yourself? And if you hire one, how should you go about it?” Thank…
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Published on June 8, 2018
Comments 17
Category: Financial and taxes in retirement
May 16, 2018 — (Updated July and October with more experience). Back in March I received a letter from the Social Security Administration – “It is time for you to register for your retirement benefit!” I was impressed with their timing and efficiency, since my 70th birthday will be this…
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Published on May 15, 2018
Comments 13
Category: Financial and taxes in retirement
Take the 2020 Social Security IQ Test! New questions and updated for 2020! May 2, 2018 — Even though the average scores were quite low on last week’s Social Security IQ Quiz, there is still plenty of good news. Best of all, we are happy that…
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Published on May 1, 2018
Comments 14
Category: Financial and taxes in retirement
TAKE OUR SOCIAL SECURITY IQ QUIZ Note: Links go to the 2020 Quiz. To take the 2018 Quiz use this link: 2018 OUR SOCIAL SECURITY IQ QUIZ.April 21, 2018 — For most Americans, their Social Security retirement benefits are a critical part of retirement. So here is…
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Published on April 21, 2018
Comments 0
Category: Financial and taxes in retirement
Thanks for taking our Social Security Quiz. (If you haven’t taken it already, here is the link to the Quiz). To make sure you don’t miss out on useful tools and information like this, sign up for our Free weekly Best Places enewsletter. Overall results It is…
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Published on April 20, 2018
Comments 14
Category: Financial and taxes in retirement
March 14, 2018 — A crisis will affect Social Security just 16 short years from now, and it has some experts rethinking their strategies for when to start taking Social Security. Instead of urging people to wait until age 70, some are recommending beginning at age 66. The crisis…
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Published on March 14, 2018
Comments 150
Category: Financial and taxes in retirement
December 19, 2017 — The imminent passage of the Republican tax bill makes us wonder how our audience – retirees and people about to retire – will be affected by it. We will attempt to answer that question here, recognizing that everyone’s situation is unique and might be affected differently.
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Published on December 18, 2017
Comments 65
Category: Financial and taxes in retirement
November 28, 2017 — As if there wasn’t enough bad news to go around, your Social Security retirement check is in trouble. If Congress doesn’t act soon, retirement benefits will probably have to be cut by 23% in 2034 – when someone who is 66 years old now will be…
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Published on November 27, 2017
Comments 29
Category: Financial and taxes in retirement
Update Dec 2, 2017: The Senate passed their tax proposal early this morning. It is anticipated that the reconciliation between the Senate and House versions of the bill will go smoothly and it will be signed by the President soon. As soon as the final details emerge we will either…
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Published on November 23, 2017
Comments 37
Category: Financial and taxes in retirement
November 20, 2017 — Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 66 million Americans will increase 2.0 percent in 2018. The 2.0 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 61 million Social Security beneficiaries in January 2018. Increased payments to…
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Published on November 20, 2017
Comments 12