Tag: Social Security
A widow may find they face a crushing load of decision making, as well as working through grief. Going from a team effort in life to being a widow throws real challenges to some women as they find themselves unprepared for the solo workload of finances as well as daily tasks, according to The New […]
So, you’ve reached your FRA. However, is this the right time to file or should you delay benefits? Social Security has more than 62 million people receiving benefits, making it one of the most popular social benefit programs in the country, according to The Crozet Gazette in “When Should I Start Taking My Social Security […]
If financially possible, one payment can bring you steady income until Social Security kicks in. Delaying Social Security is a good idea, if possible, because the longer you wait, the greater the benefits. However, what do you live on between retirement and beginning to receive your benefits? One way is looking carefully at the world […]
Changed jobs? Moved around? Don’t know where your accounts are located? There may be more retirement money out there for you if you have changed jobs during your lifetime and haven’t kept track of the accounts, according to the Albany Times Union in “Finding lost retirement benefits“. It may also be difficult to locate them […]
There are mistakes that can be avoided, and others may still be fixed. However, it is better to get it right the first time. You can spend a lot of time planning for retirement. However, you can still make mistakes and some are fixable and some are not, according to USA Today in “Social Security, […]
Titling assets through joint tenancy works well, until it doesn’t. Going without an estate plan and relying on titling assets through joint tenancy to a surviving spouse can be a workable plan but then again, it can become a nightmare, according to the Santa Cruz Sentinel in “After husband’s death, wife needs to create revocable […]
If you rely on benefits and your spouse dies, there are some key steps to follow. A person is right to be concerned about Social Security when their spouse passes away, according to the Tuscon.com in “Social Security and You: What to do when a loved one dies“. The article concerns a woman who is […]
It is not only your decisions that create a comfortable retirement but also the impact of economic events. One of the keys to supporting a successful retirement, is to generate sufficient income to enjoy a comfortable retirement and also employ tactics that protect your income from possible changes over time, according to CNBC.com in “Here […]
If you are ready to pack up and leave the work life behind, there are a few things to consider. You have worked for decades and it is now time to retire. But wait, there are some things it would be wise to accomplish during those last months of working, according to Next Avenue in […]
Benefits are available to ex-spouses, under certain circumstances. As retirement approaches and Social Security benefits become available, it is important for divorced people to be particularly aware of their entitlement rights, according to Yahoo! Finance in “3 Things to Know About Social Security if You’re Divorced“. If you are divorced after 10 years of marriage […]
