Tag: Social Security
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Lifetime Decisions on Social Security Benefits
Perhaps one of the “Top 10” retirement questions we receive is when to elect social security benefits. The question is one that is complicated to answer due to the fact that many unknown variables exist within this question. Just a few considerations are: 1) How long will I live? 2) How can I maximize my […]
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Social Security Funding Challenges
Social Security benefits are considered sacred territory by elected officials due to the large number of voting beneficiaries. This important “third rail” of untouchable programs started with a mission and purpose that was admirable. However, the projection of beneficiaries compared to those taxpayers funding the program has been dealt a significant blow lately. To provide […]
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Working After Electing SSA Benefits
Many Social Security benefits recipients continue to work, if not full-time, at least part-time. Confusion surrounds the taxability of their SSA benefits when it is time to file their income tax returns. The worst-case scenario is the call you receive from your CPA and she informs you that “you owe a few thousand dollars due […]
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How to Qualify for SSA Benefits
One of the largest and most impactful U.S. Government Programs for citizens is the Social Security Administration. Benefits administered by this agency affect most Americans. Let’s look at the various means to realizing these important benefits. First, there are several ways to qualify for Social Security Benefits: You can qualify on your own work history. […]