Feb 26, 2024
To secure the maximum amount in monthly Social Security retirement benefits, Americans must wait until full retirement age to start receiving their payouts. Results from a 2023 survey show that most of today’s workers know about this stipulation – and yet the vast...
Feb 5, 2024
From AARP — By Deirdre van Dyk — “Retirement” used to be synonymous with “not working.” Not anymore. More than a quarter of U.S. adults ages 65 to 74 are still in the workforce, according to the federal Bureau of Labor Statistics, and that share has been rising...
Dec 4, 2023
In 2023, recipients of Social Security benefits saw the biggest increase in decades in their monthly checks. Although their payouts will indeed rise again in 2024, the cost-of-living adjustment (COLA) will be more modest – just 3.2 percent, versus the nearly 9 percent...
Nov 6, 2023
From Next Avenue and 60 Minutes – By Laurence J. Kotlikoff and Terry Savage – Alarming clawback letters, erroneous benefits calculations and overworked and undertrained call-center workers leave many retirees fuming. Here’s a shocking fact about Social Security:...
Apr 3, 2023
Our firm in March joined the Social Security Administration in observing National Slam the Scam Day, an event dedicated to spreading awareness about Social Security-related scams and equipping the public with the knowledge to recognize and report these scams. Scammers...
Jul 25, 2022
If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment. If you have waited beyond...
