2019 Social Security Bump Is Biggest in 7 Years for Retirees

Social Security recipients will soon receive the largest increase in their monthly benefits that they’ve seen in seven years. The U.S. Social Security Administration announced in October that beneficiaries will receive a 2.8 percent cost-of-living adjustment, or COLA, next year. As a result, a worker who was receiving $1,422 per month in Social Security benefits … Read more2019 Social Security Bump Is Biggest in 7 Years for Retirees

17 Surprising Facts About Social Security

Millions of Americans currently receive Social Security benefits, and millions more are counting on it to help fund their retirement. While much has been written about when to collect benefits, how to maximize benefits and whether to work while receiving benefits, the topic is still something of a mystery to many people. Here are 17 … Read more17 Surprising Facts About Social Security

5 Ways to Avoid Paying Taxes on Your Social Security Benefits

The recent federal tax overhaul changed a lot of rules, but one thing remains the same: It is exceedingly difficult to evade the long reach of the tax man. That’s even true of Social Security benefits. Most people know that working before their full retirement age can result in a reduced benefit. But earn too … Read more5 Ways to Avoid Paying Taxes on Your Social Security Benefits

Boost Your Social Security Check With This Overlooked Strategy

Many retirees may be needlessly passing up bigger Social Security checks. A majority of retirees — 56.6 percent — claim their Social Security benefits before tapping their individual retirement accounts (IRAs), based on a study that was recently published in the Journal of Pension Economics & Finance. This could be a costly mistake, as waiting … Read moreBoost Your Social Security Check With This Overlooked Strategy

Social Security Q&A: How Do Survivor Benefits Work?

Welcome to “Social Security Q&A.” You ask a Social Security question, and our guest expert provides the answer. You can learn how to ask a question of your own below. And if you would like a personalized report detailing your optimal Social Security claiming strategy, click here. Check it out: It could result in you … Read moreSocial Security Q&A: How Do Survivor Benefits Work?

3 Ways Social Security Will Change in 2019

Retirees will see the largest increase in their Social Security benefits in seven years come January. But the higher cost-of-living adjustment is not the only way the system will change in 2019. Other changes that will take effect in 2019 include: It’s not the usual blah, blah, blah. Click here to sign up for our … Read more3 Ways Social Security Will Change in 2019

Social Security Q&A: What’s the Best Claiming Strategy for a Couple?

Welcome to “Social Security Q&A.” You ask a Social Security question, and our guest expert provides the answer. You can learn how to ask a question of your own below. And if you would like a personalized report detailing your optimal Social Security claiming strategy, click here. Check it out: It doesn’t cost much and … Read moreSocial Security Q&A: What’s the Best Claiming Strategy for a Couple?

Lessons from the Open Social Security Calculator

Over the last several months, many people have written in about the various things they’ve learned from using the Open Social Security calculator. I thought it would be worthwhile to collect the most common such lessons in one place. One thing that’s interesting to me is that these are all things that I (and other people) … Read moreLessons from the Open Social Security Calculator

Social Security Q&A: How to Find Social Security Advice You Can Trust

Welcome to “Social Security Q&A.” You ask a Social Security question, and our guest expert provides the answer. You can learn how to ask a question of your own below. And if you would like a personalized report detailing your optimal Social Security claiming strategy, click here. Check it out: It could result in receiving … Read moreSocial Security Q&A: How to Find Social Security Advice You Can Trust

Ask Stacy: Where Can I Get Social Security Advice?

Welcome to your “2-Minute Money Manager,” a short video feature answering money questions submitted by readers and viewers. You can learn how to send in a question of your own below. If you’re not typically a video watcher, give it a try. These videos are short and painless, and you’ll learn something valuable. But if … Read moreAsk Stacy: Where Can I Get Social Security Advice?