What Are COLAs and How Do They Affect Retirement
If you are currently receiving Social Security or you are considering how Social Security might factor into your retirement plan, it’s important for you to understand what COLA stands for. You may have seen the acronym in various information about Social Security, and you may have wondered what it meant. Well, let’s answer your questions […]
Prepare for Social Security with the Basics
Social Security is an important source of retirement funds for many people in the United States; as of September 2022, over 70 million people were in receipt of these benefits.[1] Many people are not aware of how or when to begin utilizing this source of income. As you age and come closer to retirement, the […]
Social Security Planning Tips for Married Couples
Married couples have several options available when deciding when and how they want to claim Social Security payments. However, a little bit of planning right now can go a long way to help you and your spouse make the most of your Social Security benefits in the future. There are basic Social Security rules that […]
The Pros and Cons of Claiming Your Social Security Benefits Early
If you are depending on Social Security payments in retirement, then it is important to know the best timing to start taking distributions. What is the ideal timeline to start receiving these payments? The Social Security Administration allows you to start payments as early as 62 years old. But, the “full retirement age” is at […]
