Financial Planning
Social Security, Inflation and You
…silver lining is that Social Security beneficiaries are set to receive an 8.7% cost of living adjustment (COLA) in 2023. This figure, which is the largest COLA in more than…
Search Results for: social security
Taxes
How to Minimize Taxes on Your Social Security Benefits
4 Important Social Security Tax Planning Strategies Did you know that you may be required to pay taxes on a portion of your Social Security benefits? In fact, up to…
Financial Planning
When to Take Social Security
…to begin taking Social Security earlier. If you are able to cover your monthly income requirements from other accounts, it might make sense to delay taking Social Security. 3. Your…
Financial Planning
Eligible for Social Security Benefits?
…understand your options. Here, we provide an overview to help you get started. Social Security – The Basics While you have the option to begin receiving Social Security payments as…
Retirement
Social Security for Divorced Spouses
…financial challenges, one of which is determining eligibility for Social Security benefits. The following rules apply to the division of Social Security following a divorce. Eligibility You may be eligible…
Down the Middle
When to Claim Social Security
…Social Security is age 62. The prevailing belief out there is that you should claim Social Security as early as possible, and yet all the experts say that is typically…
Taxes
5 Taxes to Be Aware of in Retirement
…withdrawn tax free. There are no RMDs for owner Roth accounts (however, RMDs are required for inherited Roth IRAs). 2. Social Security taxes If Social Security is your only source…
Social Security Benefits Calculator
Social Security Benefits Calculator Your Social Security benefits can be estimated based on your current age, average annual income and expected retirement age. Use our Social Security benefits calculator to…
Financial Planning
Your Guide to Divorce Financial Planning
…for Divorced Spouses Social Security in the aftermath of a divorce is a fairly complicated subject. Fret not, as your financial advisor can help you understand the nuances of Social…
From Peter's Desk
10 Ways to Protect Yourself from Digital Threats
…card information or social security number. The problem is, that wasn’t the real site. It was a fake site set up by hackers that looks real enough to convince you…
