A Modest Social Security Increase for 2021

Those receiving social security income, approximately 70 million Americans, will be seeing a slight increase in their monthly payments this year. With a 1.3% cost-of-living adjustment (cola), the Social Security Administration has shared that individual recipients will see their monthly benefits going up by about $240 a year.

Don’t Take Social Security at the Wrong Time

Would you turn down $100,000 if someone offered you that sum? You might be doing just that if you make the wrong choices regarding your Social Security. A recent report by the financial planning firm United Income found that very few seniors are making the optimal financial decisions about Social Security and are losing out […]

Managing Social Security Survivor’s Benefits

Social Security survivor’s benefits provide our significant others with financial safety after we are gone.  But in order to realize the most from these benefits, survivors need to know the appropriate time to file a claim.

What Kind of Tools Does Social Security Have Online?

As America’s senior citizens become more tech savvy, the Social Security Administration has put more and more of its services online, whether that means applying for benefits or replacing your Social Security card.

How Divorce and Remarriage Affect Social Security Benefits

Many people are aware that seniors are entitled to collect Social Security benefits that are calculated based on their spouse’s work record. What’s less well-known is that this benefit applies in many cases to divorced spouses. In fact, ex-spouses may even be entitled to survivors benefits in certain circumstances. As a spouse, you have the […]