Search Results for: social security alone

Do You Need a Representative Payee for Social Security if You Have a Financial Power of Attorney?

Q1. My long-time friend, Ellie, is a widow who lives alone and never had children. Without family members to help, and dealing with her own dementia-related challenges, she’s finding it more and more difficult to manage her … [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...]

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...]

What She Doesn’t Know About Social Security Could Cost Her Thousands

Q. My mother, Eileen, and her husband, Ray, just recently got divorced after 15 years of marriage. My step-father was the primary breadwinner throughout their marriage, while my mother was a homemaker, who worked a little here and … [Read more...]

Strong or Vulnerable? Social Security in its 80th Year

For 80 years, Social Security has been protecting American families from both expected and unexpected challenges. Last week, the Social Security Board of Trustees released its annual report to Congress, which projects that Social … [Read more...]

Ask the Expert: Can You Explain Social Security, please?

Q. I am 62 and getting ready to retire. I am really confused about how Social Security works. Can I start collecting now, or do I need to wait until I am 65? Also, what is all this about credits? I thought Social Security was … [Read more...]

Is Social Security Going Bankrupt?

Q. In your last newsletter, you discussed the 2014 Trustees Report and the status of Medicare. You only briefly touched upon Social Security. Are there any additional details you can share about Social Security, since the Trustees … [Read more...]

Social Security Recipients to Get 1.5% More in 2014

Nearly 63 million Americans receive either Social Security or Supplemental Security Income (SSI) benefits. In 2014, these recipients will see their benefits rise 1.5%, thanks to annual cost-of-living (COLA) adjustments. Beginning … [Read more...]

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