Here’s How to Get an Extra 24% Out of Social Security
Don’t accept less when you might boost your benefit checks and create a more financially secure future.
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Ages at which Social Security and Medicare will deplete their reserves have been postponed
According to the latest projections from the yearly basis
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Retirement COLA? Here’s What To Do
Millions of current and retired federal employees pay attention to the magnitude of the federal pay boost and the retiree inflation catchup every year. As a result, they are even more vital to the communities where they reside, vote, shop, and raise children.
Therefor…
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Stay Away From These States To Protect Your Social Security Benefits.
Should you stay away from specific states due to benefit taxes? Some people aim to save enough money so that Social Security is no longe…
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How to Avoid These 5 Common Social Security Mistakes in Your Golden Years
An increase in monthly benefits for almost 70 million Social Security recipients is expected in 2022 due to the agency’s decision to in…
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The Hazards of Working After Retirement
When they reach retirement age, some individuals’ top priority is to give up any and all types of employment for the remainder of their life. On the other hand, some could wish to try a different tactic.
Working after retirement may be beneficial in a number of differ…
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Misinformation About Medicare Can Hurt Older Americans in Retirement
When you retire, healthcare may become your single largest recurrent cost. That’s especially true if your home is paid off by the time your career ends.
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Understanding the relationship between retirement and inflation
Inflation affects…
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Are Women Less Influential When it Comes to Investments?
According to a study conducted by Bank of America, while they are superior at making investment decisions, the rate at which women make investments remains low comp…
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TSP Strategies- Are You in Control of the Market or are You Being Played?
What do a Las Vegas gambling trip and stock (or bond) market timing have in common? Frequently, the same thing. Most people at a casino or home watching Wall Street let their emotions rule. Peopl…
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Stay Alert — Nine Indicators You’re Being Scammed for Social Security
Your Social Security number (SSN) is one of the most crucial pieces of personal information you have. The Social Secur…
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Why Should Seniors Expect a Smaller Social Security Increase in 2023?
It’s no secret that inflation is wreaking havoc on many people’s budgets. Many customers are trying to make ends meet as the cost of everything…
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Tax Breaks for Retirement Savings Do Not Help the Workers Who Need Them Most
Tax breaks meant to increase retirement savings are expensive for the federal budget, disproportionately benefit upper-income house…
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Three Things You Can Do Right Now to Increase Your Social Security Checks
People are frequently warned not to rely too much on Social Security during retirement. The reason is that those benefits will only rep…
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The Installments vs. Annuity Dilemma When Using TSP for Regular Income
The primary reason we contribute to our Thrift Savings Plan account is so that we can begin withdrawing from it at some point in the future. In addition, most of us view our TSP balance as a source of monthly income to aug…
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Social Security spousal, ex-spouse and widow’s benefits
For the elderly, retirement income often consists of a ‘three-legged stool’ comprising defined …
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Don’t Fall Into This Social Security Trap
Social Security can be confusing, but understanding how the program works will help you maximize your monthly payouts. While you don’t have to know everything about the program, there’s one crucial factor that almost half of Americans overlook — and it might result in a lower-than-ex…
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Social Security: Forecast For 2023 COLA
With 2023 rapidly approaching,
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When it makes sense to suspend Social Security benefits
Social Security does not typically grant a “do-over,” although, in some circumstances, retirees may request one. For individuals who can make it through without their monthly paycheck, for the time being, delaying Social Security could lead to a greater payout in the future. However, this strategy shouldn’t be confused with removing Social Security benefits, which function
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