Many Women believe they are not entitled to Social Security if they are divorced. The truth is you can get Social Security on your ex-spouse’s record under certain circumstances even if you are divorced. There are two U.S. Social Security benefits you may be entitled to—spousal support and survivor benefits. If you qualify and your […]
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5 TIPS TO NEW SOCIAL SECURITY LAW The Bipartisan Budget Act of 2015 made some significant changes to Social Security law. The new laws do away with some lucrative claiming strategies. You may still be eligible for these additional funds, but if you are, you need to act quickly. If you will be 66 or […]
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File and Suspend Social Security law has changed and the difference could mean tens of thousands of dollars for those turning 66 before May 1, 2016. Current Law-Right now one individual in a couple can file for benefits at Full Retirement Age. Filing makes their spouse eligible for spousal benefits. The primary wage earner could then […]
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Questions about government agencies? You are not alone! Trying to make sense of the different government programs available to retirees can be challenging. In this article we look at what each one covers and the requirements to qualify. SSA or the Social Security Administration is a U.S. government agency that provides income to retirees, survivors, […]
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Confusion between “File and Suspend” and “Claim and Switch” Solved Caller #4-Ron. I did the file and suspend spousal benefit at 66 and I’m now 68. I get half of my wife’s Full Retirement Age benefit. When I go on the Social Security website, I don’t see the 8% increase in my benefit. I just see […]
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The File and Suspend—Who is Eligible for Social Security File and Suspend? Josh Jalinski, the Financial Quarterback, WOR Radio NYC I had the pleasure of being interviewed by Josh Jalinski, the Financial Quarterback, on WOR Radio. Being on Josh’s show is always an adventure. He provides invaluable information in all areas of financial planning and he […]
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Can you get a bulk payment from Social Security? YES you can under certain circumstances. First there are a few things to review. What is your Full Retirement Age? Full Retirement Age is when Social Security deems you eligible for your full Social Security benefit. It used to be 65 for everybody, but the law […]
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Social Security Spousal Benefits You are entitled to spousal benefits if you have been married for at least one year or are divorced and had been married for at least ten years. In both situations you must be at least 62 years of age to apply. If you have reached full retirement age, you may […]
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For the past seven months, I have been researching and writing about the ‘Basics of Retirement.’ When I turned 58 years old and realized I didn’t know how it all worked, I decided to find out. The first thing I discovered is that I was not alone. In reading articles and blogs and listening to […]
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