INmail: Nonworking spouse must wait for husband
A nonworking wife with no Social Security benefits of her own cannot collect on her husband’s earnings record until he files for his Social Security benefit.
Retiree debt doubles during pandemic
As COVID-19 forced some older Americans into early retirement, a survey shows a huge increase last year in total retiree debt, partly as a result of more people carrying credit card debt.
INmail: Remarriage rules for survivors
If your client is entitled to Social Security on her own earnings record, she may want to collect reduced retirement benefits at age 62.
89% of women failed retirement literacy quiz: Study
But older women are more willing to seek financial planning help than men, according to a survey by The American College of Financial Services.
INmail: Earnings after age 66 may increase Social Security benefits
Social Security benefits are typically calculated using your highest 35 years of indexed earnings.
Employment uncertainty tests financial plans
Investment advice may take back seat to financial wellness as advisers' clients worry about the state of the economy and the prospect of losing their job
INmail: When lump-sum payouts make sense
Requesting a lump payout can make sense for some people.
Social Security lump sum rules and strategies
No retroactive payouts are available before full retirement age
INmail: Is your clients’ MAGI information up to date?
The IRMAA surcharges outlined in notification letters apply only to 2021 Medicare premiums based on 2019 tax returns.
Social Security expert follows her own advice
I filed for my Social Security benefits online and you can, too
INmail: Don’t wait beyond 70 to claim Social Security
There is no value to delaying Social Security beyond age 70 since delayed retirement credits end then.
Retirement savings for the suddenly self-employed
Pandemic-induced gig work provides opportunities for tax savings
Social Security shortchanged some older workers, survivors
Two new audits reveal underpayments to certain groups of beneficiaries
INmail: Unusual rules regarding survivors benefits
Full retirement age for survivor benefits may be different than for retirement benefits depending on the birth year.
INmail: When to claim survivor benefits
Survivor benefits are worth the maximum amount if they are collected at full retirement age.
Medicare premiums, surcharges to rise slightly in 2021
Income brackets to be adjusted for inflation for high-income retirees next year
No escaping IRMAAs by switching to Medicare Advantage
High-income surcharges apply regardless of how clients receive Medicare coverage
INmail: The best month to start Social Security benefits
There is a different rule for people who claim Social Security benefits before full retirement age.
Collapse of three-legged stool threatens retirement security
The worsening outlook will likely trigger 401(k), Social Security reform
INmail: Social Security do-over options
Someone who has been collecting Social Security for more than a year can't stop her benefits now, but she might be able to in the future.
