Browsing: Security
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.”
‘We have longevity in the family’: My sister is turning 67. Should she wait until 70 to claim Social Security?
“Others say she should start at full retirement age.”
“His Social Security benefit would be $1,600 per month, since he stayed home with the kids while I worked.”
My mother regrets paying Social Security. She says she should have invested her contributions. I disagree. Who’s right?
“There’s no way my dad and my mom paid enough into Medicare to cover my dad’s six months in long-term…