Were you aware that if you are receiving Social Security and you have kids that they are able to receive a benefit as well? These are called Children's Benefits. … [Read more...]

Unfortunately, the death of a spouse is an inevitable fact of life in retirement. It will happen sooner or later, and so it is important to know the financial outcome for the surviving spouse related to Social Security.   Will describe a couple of circumstances and how the surviving spouses Social Security may be impacted.   Scenario 1 – Both spouses are past full retirement age and receiving Social Security   In this first circumstance, the surviving spouse will retain the … [Read more...]

As you approach the age of 65, which is the beginning age for Medicare, you may wonder what your share of the premium costs will be.  Below we have reproduced a helpful article from www.Medicare.gov which outlines how premiums are calculated based upon the amount of income the make: … [Read more...]

I recently read two articles that provide a good summary and synopsis of the Social Security Disability system and eligibility which I am reproducing below:   Social Security disability insurance (SSDI, sometimes also abbreviated as SSD) is a Social Security program that pays monthly benefits to you if you become disabled before you reach retirement age and aren't able to work. Some people know it as "workers' disability." Eligibility for Social Security Disability … [Read more...]

I'm always on the lookout for interesting articles related to Social Security. Recently I ran across this one which didn't surprise me but did sadden me as it relates to Social Security advice from SSA.   The article content is reproduced below: … [Read more...]