Social Security is a government-run program in the United States that provides a source of income for retirees, as well as for people who are disabled or the survivors of deceased workers. The program is funded through payroll taxes, and it is designed to provide a basic level of financial security for those who are no longer able to work.
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I am almost two years into my retirement and my wife just retired. We have been fortunate to be able to live off my SS (wife has another 18mo before she starts) and some other savings until now. We ha...
FROM THE ARTICLE. Q&A: How AARP Is Working to Fix America’s Retirement Crisis. In a candid conversation, two of AARP’s leading lobbyists stress the importance of Social Security but wa...
This post is a follow-up to our post of June 18, 2025 in which we addressed the magnitude of Social Security’s long-term funding hole based on results of the 2025 Trustees Report and their &ldqu...
The 2025 budget law will accelerate Social Security insolvency to 2032. The program will go insolvent during the term of the president who succeeds Donald Trump....
Yes, people have lots to be concerned about from the stock market to Social Security. But experts say if you have a plan, there’s no need to panic....
I am currently 72.My FRA was 66. I'm receiving SS benefits. I retired at 67 and 5 months. My wife is currently 61. She is a legal permanent resident and has never worked in the US. She is not disabled...
I retired mid-year, 2024 (June 1). Because I had 5 months of working salary before SS, and I did start doing IRA withdrawals, and she is still working, it looks like there is a good chance we'll be hi...
Don’t overpay your taxes, find out how to maximize your Social Security with the country’s leading experts Ryan and Tyson Thacker. By:Spotlight Television The Retirement Brothers Tyson and...
I'm seeing posts all over the internet about people waiting 2 , 3, 4 months after applying for SS Retirement Benefits. I had also waited over three months, web site always said processing. I finally c...
I'm 68 and want to retire this year. I also want to make sure I understand our current spending and what we will need in retirement from IRA after social security. Should I contact an Accountant and p...
I'm 61, turning 62 soon. I've already applied and been approved for SS retirement. I got laid off last week and I was thrilled because it happened around the time I was going to give notice. So I can ...
When I read through these threads and see so many with great pensions, high SS and tons of cash in there 401K and savings, I generally feel as if I am doomed. It is not that I never considered down th...
Can Beth and Rip retire early, spend more, and Die with Zero? When should they claim Social Security? Forrest and Jenny have 10 rental properties at age 31. Can they retire at age 50? (And what makes ...
What if there was a way to - help fix the financially ailing Social Security and Medicare Trust Funds increase a person’s reported earnings to get a bigger benefit when they get their Social Sec...
There’s no shortage of turmoil around Social Security and retirement security these days. If you listen to Americans—Republicans, Democrats, the rich, the poor, the very online and the ver...
I'll be retiring at 67, in about 643 days (not that I'm counting). I wondering how does one access the 401K funds for monthly living, as Social Security will not cover everything. Do you take a large ...
Soon to be 59yo career nurse. My wife and I have about $240k in retirement savings with an anticipated $1100/month pension, $1800-230/month SS, and $200,000-300,00. I was feeling ok about my plan unti...
A Social Security shortfall may be coming soon. We ask financial experts for guidance....
Social Security will replace only about 40% of your salary, on average. A solid financial plan will help you plug the gap so you can rest easy in retirement....
Today we answer a question from Ken, a recent retiree at 63, about how his Social Security claiming decision impacts his wife’s future spousal benefit. We break down how spousal benefits are cal...
This month, the National Academy of Social Insurance (NASI) released “Social Security at 90: Policy Options for Strengthening the Program’s Finances and Avoiding Automatic Benefit Cuts.&rd...
The Social Security Fairness Act removed restrictions on benefits for people with government pensions. If you're one of them, don't leave money on the table. Here's how you can be proactive in claimin...
Is your Social Security strategy costing you tens of thousands of dollars? In this must-listen episode ofRetirement Solutions The Podcast, Ryan Thacker welcomes Brian Ward, a top advisor at B.O.S.S.&h...
Learn how Social Security’s annual earnings limit works, who it affects, and how it impacts your benefits before full retirement age....
Come 2033, we may all have a chance to find out - That’s what the 2025 Social Security Trustee Report is telling us - and it has been telling us this for the last 15+ years even though the date ...
Social Security faces manageable financial challenges that could become easier if policymakers took meaningful steps in the right direction....
Forget waiting for Social Security and Medicare to kick in. You may be able to retire sooner than you think....
Some 2.8 million Americans may be eligible to receive an increase in their monthly Social Security benefits. Are you one of them?...
Retiring at 65, and I have some questions about when to retire and when to apply for Social Security. The Facts are: I turn 65 on a Saturday. My employer's pay period ends the next day. I am thinking ...
Ism anyone else hear sick of hearing the Save SS ad. I think you have already beaten that dead horse....
hello, I am helping my husband w/his SS benefits application. We started it online, but then paused it because it was too early to submit if he wanted benefits to start at age 70. So my question: His ...
In this special episode, we catch up on a backlog of insightful listener questions—covering everything from estate planning and Social Security taxation to Roth conversions and Medicare rules. I...
Discover how Geoff Schmidt of Holy Schmidt went from Wall Street to YouTube to teach retirement, Social Security, and financial clarity. The post Podcast 95: Flipping the Script with Geoff Schmidt fro...
A Medicare and Social Security checklist to help Baby Boomers caring for aging parents—or preparing for their own care—stay ahead of a health crisis....
In determining your retirement benefits from Social Security, as well as those of any dependents who may claim benefits based upon your record, the Primary Insurance Amount, or PIA, is an important fa...
I am 61 years old, single man and likely not going to find a partner to take care of me or double my income with. Looking at my timeline, I can’t collect SS before 67 (full retirement) due to th...
I hope someone on here has an answer to my question. I have searched the internet for days and have not found the answer. I plan on drawing my social security mid year (Beginning July, 2025), and my q...
The Social Security Fairness Act's big changes and new opportunities could require adjustments in tax strategy for some Social Security recipients....
FROM THE ARTICLE: AARP Backs Effort to Improve SSA's Assistance for Identity Fraud Victims. Congressional bill calls for streamlining help for older adults whose Social Security numbers have been stol...
Social Security will send payments if you live overseas, but there can be some complications....
The Social Security program was designed to support lower-income retirees more by replacing a larger share of their past earnings than higher earners receive. But the subsidies that encourage workers ...
With a Social Security shortfall looming and many workers struggling to save for retirement, most Americans agree: It's time for the government to step in....
So I was married for 25 years, 15 of those years I was the care giver and really didn’t work. I am now divorced for 2 years. I’m 1.5 years away from collecting full SS payments, my ex made...
Steve Chen and Devin Carroll cover the evolution of financial advice, Social Security, and why education is the foundation of confidence. The post Podcast 93: Five Years Later – White Coat Wisdo...
If you are filing for your Social Security Retirement BEFORE your Full Retirement age, PLEASE keep in mind there is an Earnings Limit on how much you can make and not have some of your benefits clawed...
A new bipartisan bill could mean bigger retirement tax savings to offset taxes on Social Security and high prices....
When I see a headline that says "you need $1 million to retire" (or whatever) it never seems to say if this includes social security and the value of the house. Those seem like large variables. If you...
Congratulations to our 18th Social Security Commissioner -Financial Services Industry Leader Mr. Frank Bisignano. I think he is gonna do a great job with his background in payment systems - maybe we a...
FROM THE ARTICLE: Legislation to Reduce Tax Burden on Older Americans. Bill would boost deductions for those ages 65+, helping offset Social Security income taxes. By Emily Paulin, AARP. Published May...
Yes, this is still the current interpretation of Social Security as an entitlement of benefits from contributions made over time - SSA.gov Social Security History -Supreme Court Case - Flemming v Nest...