4 Essential Retirement Benefit Rules for Divorcees

4 Essential Retirement Benefit Rules for Divorcees

If you've got an ex-husband or ex-wife, there are some important rules you need to know about Social Security. Rules that affect your benefits and how you claim them. It doesn't matter if you're on good terms with your ex-partner, can't be in the same room without a fight, or simply haven't seen each other in years. Or even if you're simply considering...

How to Avoid This Nasty Social Security Penalty

How to Avoid This Nasty Social Security Penalty

There's a little-known mistake that costs new Social Security applicants a cumulative $50 million in lost benefits each year. On average, this mistake costs each person only a few hundred dollars. Still, this is money people are needlessly handing over to the Social Security Administration. Moreover, avoiding this penalty is actually very simple…

What Do the Inflation Headlines Mean for Your Social Security?

What Do the Inflation Headlines Mean for Your Social Security?

The inflation monster has risen with a vengeance these past two years! After some decades of minimal or no increase in year-over-year prices, we are suddenly experiencing inflation the likes of which we haven’t seen since the 1980s. So, this an excellent opportunity to examine how changing prices impact our Social Security.

How Your Ex-Spouse Can Help You Claim Extra Social Security

How Your Ex-Spouse Can Help You Claim Extra Social Security

Millions of baby boomers qualify for valuable Social Security claiming options that can provide tens of thousands of dollars in additional benefits. Yet most will never receive these benefits, even though they qualify for them. How can this be so? It’s because there are so many rules, they are complicated, and people don’t understand how they work.

Get the Most From Your Social Security With a “Do-Over”

Get the Most From Your Social Security With a “Do-Over”

Most people think that Social Security is “set-it-and-forget-it”: Once you start up your benefits it’s a “done deal” from there on. Unfortunately, most of us “set-it-and-forget-it” without first understanding how the program works. The result is usually a costly loss in cumulative lifetime benefits. Yet our initial claim doesn’t have to always result in a “done deal”: This is a mistaken impression that leads to all manner of errors...and loss in benefits.