I usually like to write columns centered on one particular Social Security topic. But every once in a while, I just like to reach into my email inbox and answer whatever questions I pull out of that online mailbag. Q: I am 82. My wife is 80. We both took our benefits at 66. I…
Happy Birthday to Me
I’m submitting this column to the newspapers on my birthday. I was born June 22, 1949. That makes me 73 years old. And I’m kind of surprised I made it this far. Why? Because I didn’t inherit the best of genes. My dad died at the age of 47. He had six brothers. And of…
Social Security Benefits Are Not Prorated
June 21, 2022
admin
Benefits for WidowsBrightEstatepersonal financeretirementRetirement AccountsSocial Securitysocial security benefitssocial security checksspousal benefitsWealth Management
0 Comment
Q: It has always puzzled me why Social Security takes back a person’s Social Security check for the month he or she dies. My aunt died in April, and as her executor, I was counting on using her last Social Security check to pay off some of her bills. But the government took that money…
Give Yourself a “Bonus”: How to Maximize Your Social Security Payout
June 10, 2022
admin
BrightFixed Incomeincrease social security benefitsMaximize Social Security Payoutpersonal financeretirementSocial SecuritySocial Security benefit
0 Comment
Most Americans are playing catch up when it comes to retirement savings. Even if you make a sizable income, putting away money for retirement is challenging. There is always some necessity with which you must deal. So, making sure you receive the most retirement income possible from Social Security is essential. Fortunately, there are some…
Twitter to Give Musk Internal Data: Report; EU Votes to Ban New Gas Cars by 2035 | NTD Business
Twitter reportedly giving in to Elon Musk, agreeing to give him the internal data he wants, so he can figure out how many fake users are on the platform. European Union lawmakers vote to ban all new gas-powered cars by 2035. Is it a done deal? Amazon fighting phony listings, saying its new and improved vetting…
Future Changes in Social Security
June 4, 2022
admin
BrightFixed Incomefuture changesfuture changes in social securitypersonal financeretirementSocial Security
0 Comment
For decades, Social Security has been the bedrock for many Americans’ retirement plans. In 2021 alone, Social Security paid over $1 trillion to its over 70 million beneficiaries. However, for over a decade, the Social Security Administration (SSA) has been raking in less revenue than it pays out to its beneficiaries, resulting in the system…
US Social Security and Medicare Approach Insolvency, Warns Trustees
Both Social Security and Medicare programs are heading towards insolvency in the coming years, according to annual reports released by the Trustees of the two programs. The Social Security program will be insolvent in 13 years by 2035, the Social Security Trustees said in its report (pdf). Though the finances of the Social Security program…
How Social Security Works for Business Owners
Social Security is a government-backed retirement program. Workers across the country pay a Social Security tax each year in exchange for a payment each month in retirement, or if disabled in some cases. This retirement fund isn’t quite a guarantee. For the most part, workers from all backgrounds can count on social security. Still, there…
Should You Delay Social Security?
For many Americans, the age of 62 is a noteworthy milestone. At this age, those paying into Social Security are first eligible to draw from their benefits. Because of the crucial role that Social Security checks play in many Americans’ retirement, the age of 62 often becomes the magical age where many finally choose to…
Explaining WEP and GPO
Let me start out by saying that I hope the editors of the various publications that print my column keep the terms “WEP” and “GPO” in the headline. Why? Because those abbreviations mean a lot to a certain group of my readers. I’ll explain what those abbreviations stand for in a minute. But first, who…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`