Social Security

Displaying 788 results

Topic

Rush to munis could boost Medicare premiums

The income calculation for Medicare and Social Security includes tax-exempt interest on municipal bonds.

Topic

Who’s worried about retirement? Young people

The pandemic has created concerns about retirement security among millennials and Gen Xers.

Topic

Rescuing baby boomers’ retirements

Given their limited savings, current low interest rates and the ongoing rise in prices and out-of-pocket health care costs, most boomers need a financial lifeline.

Topic

Social Security COLA likely to top 6% in 2022

Continued inflationary pressures could result in the largest cost-of-living increase in benefits since 1983.

Topic

Biden fires head of Social Security Administration

The political infighting won't affect the $1 trillion in benefits Social Security sends each year to 65 million Americans. But it will likely make it more difficult to begin work on a solution to the program's long-term financial challenges.

Topic

Covid raises awareness, concerns about Social Security

71% of American adults worry that the program will run out of money during their lifetime and 19% say the pandemic has affected their plans to file for Social Security benefits, according to a Nationwide survey.

Topic

3 Social Security do-over options

Here are strategies that can be helpful for clients who have regrets over the timing of their Social Security claiming decision, whether they claimed early rather than holding out for a bigger check or waited longer than necessary.

Topic

Congress’ inaction on Social Security could cost clients 2 months’ pay

The estimate of lost income, due to planning mistakes alone, is separate from actual cuts to benefits, according to a recent academic paper.

Topic

Social Security announces partial reopening of field offices

The agency has unveiled a new 'express interview' process to help people apply for original or replacement Social Security cards and submit necessary proof of identity in person. But it encourages the public to continue to submit applications online.

Topic

Fewer retirees are claiming Social Security at 62

But unemployment resulting from Covid could temporarily reverse that positive trend.

Topic

Soaring inflation likely to boost 2022 Social Security COLA

A senior advocacy group predicts benefits will rise 4.7% next year, based on the 0.8% increase in the April consumer price index.

Topic

Pandemic’s impact on Social Security services, funding

Social Security Administration Commissioner Andrew Saul warns that underfunding the system will increase benefit delays.

Topic

Retirement confidence resilient despite pandemic

The annual EBRI survey underscores workers' and retirees' optimism about the outlook for Social Security and Medicare.

Topic

INmail: Delaying Social Security protects the younger spouse

To maximize benefits over the couple’s joint lifetimes, claiming her Social Security benefits early will likely result in the largest payout.

Topic

Third of near-retirees fail basic Social Security quiz

The level of knowledge is improving but the public still needs guidance on decisions about claiming benefits.

Topic

New option for Social Security training

The National Association of Registered Social Security Analysts' program qualifies for CFP and CPA continuing education credits.

Topic

INmail: Social Security wants its money back

When a family member dies, the Social Security office will often ask for the last check back.

Topic

Social Security adds new guidance to online statements

The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits.

Topic

Stalking a Social Security application decision

The application for benefits was submitted more than seven weeks earlier; persistence pays off in tracking down why the response took so long.

Topic

INmail: Social Security rules for divorced spouses

Can a divorced person still collect Social Security benefits on an ex’s earnings record?