If You Collect Social Security, You’re Getting a “Raise!”

Q1. My husband and I rely on Social Security for about half of our monthly income. I heard that the cost-of-living adjustment announcement by the SSA is happening this week. Do you happen to know how the COLA is determined and how … [Read more...]

Social Security is 83! How to Get the Most Out of the Program

Q. My husband and I are approaching 62 years old, the year when we both first qualify for Social Security. Now that we’ve reached this point, I have a few questions about the program. I was wondering what the advantages are of … [Read more...]

Is Social Security Taxable?

Q. I retired last year, and started receiving Social Security benefits. I am getting ready to do my taxes, and was wondering if I have to pay federal or state taxes on my Social Security income. My understanding was that Social … [Read more...]

Disabled Adult Child (DAC) Benefits

People receiving SSI benefits (and anyone else, for that matter) can qualify for Disabled Adult Child (DAC) benefits if: they became disabled prior to age 22; one of their parents paid into the Social Security system for … [Read more...]

Find Out Why Only 1.5% Of Social Security Recipients Use This Program!

Q. My mother, Louise, was diagnosed with dementia when she was 60 years old. Her dementia has progressively gotten worse since then, and I am helping a lot these days with some caregiving tasks, and money matters. My mother is … [Read more...]

Should You Collect Social Security Earlier for a “Happier Retirement?”

For years, Social Security experts were suggesting that seniors wait as long as they could to collect their Social Security benefits. But the tide is turning, and now, some experts are saying to go ahead and collect your benefits … [Read more...]

Major Changes to Social Security Are Happening This Year

Q. I am turning 62 this year, and I am trying to figure out Social Security. Should I take it now, or wait until later? Besides figuring out this important detail, I heard that there are some major changes that are happening this … [Read more...]

Critter Corner: Social Security Ends Annual Mailings

Dear Commander Bun Bun,   I heard that Social Security will no longer be sending statements in the mail? Is that true, and if so, how can we find out about our benefits?   Thanks!   Nomar Statemenz ----Dear Nomar, As … [Read more...]

Is Social Security or Medicare Running Out of Money? What the 2016 Trustees Report Has to Say

Social Security is vital to Americans, providing workers and their families with retirement, disability, and survivors insurance benefits. Medicare is also an essential program for American seniors. Since its creation in 1965, … [Read more...]

April 29 Marks the End of a Major Social Security Loophole

Q. I remember reading an article that you published last fall about The Bipartisan Budget Act of 2015, where you mentioned that the end of file-and-suspend would be happening in six months. I am concerned about the impending … [Read more...]