Social Security

Do you know how long you should wait to apply for your first Social Security check? Be sure to apply earlier than you might realize. If so, I’d like to receive my first check on the 1st of the month, next Wednesday. Is this the right place to talk about starting my Social Security? It…

If your income is above a certain amount this tax season, you may have to pay taxes on your Social Security Disability Insurance benefits. Some states don’t tax disability benefits at all. In order to determine whether a SSD is taxable, you need to consider a variety of factors, such as your marital status, combined…

It is intended that your Social Security number (SSN), a unique identifier issued by the Social Security Administration (SSA), remains with you for your entire lifetime. The SSA does, however, make exceptions in certain circumstances. These include times of danger and identity theft. Here’s why some people change their Social Security numbers and how to…

Getting your financial affairs in order is often pushed aside by many new priorities, including honoring a spouse’s memory, finding support networks, and working on your own healing. It can be difficult to figure out benefits like Social Security. Do you get your spouse’s Social Security if he or she dies? Depending on your situation,…

Millions of Americans rely on Social Security to maintain financial stability, but its future is uncertain. Social Security’s trust fund reserves are expected to run out by 2035, based on the May 2024 Trustees’ Report (source). In order for the program to continue beyond this timeframe, significant changes may be required. However, this does not…

This belief stems from a misunderstanding that the United States government will award $16,728 in Social Security benefits in 2024. There is no direct payout or one-time payment associated with this $16,728; it is merely an additional benefit you could receive from Social Security. It focuses on strategies retirees can use to maximize their benefits,…