Browsing: Security
‘Poverty doesn’t have to be my reality’: I thought I’d have to rely on Social Security. Then I taught myself how to invest.
“It always baffled me how some people managed to retire with significant wealth.”
Social Security union says it needs $3 billion and another 20,000 workers to fix long wait times and ‘ghost offices’
“The public is going to have a harder and harder time accessing these benefits,” union official said.
The “compassionate allowances” list speeds consideration for benefits.
My girlfriend is 62. Can she claim her late husband’s full Social Security benefit — or does she have to wait?
“Her husband passed away 10 years ago. They had been married for more than 20 years.”
‘It’s heartbreaking’: My brother claimed Social Security at 70. He died from cancer after one payment. Why wait to claim?
“I’ve always been a little skeptical of the government’s encouragement to delay claiming benefits.”
Need a ‘Trump account’ for your child? The Social Security Administration has set up automatic enrollment.
Parents will be able to sign a child up for the investment account at birth.
‘We are more likely to be living in poverty’: Social Security is a lifeline for women, so why are we ignored?
“We are more likely to live longer, to live alone and to be caregivers.”
‘Take the money while you can’: I’m a CPA and tell my clients to take their Social Security early. Am I wrong?
“Only 8% to 10% of people wait until age 70 to claim.”
‘We own our home outright’: I am 67 and earn $100,000. Do I take my $30,000-a-year Social Security now or wait?
“We have combined savings of $950,000 in retirement plans, Roth IRAs and Treasuries.”
My friend, 62, earns $20,000 a year. Should she take Social Security now — and claim survivor’s benefit at 67?
“I calculated her break-even point to be around age 78.”