Five Facts to Know about Social Security Benefits

Five Facts to Know about Social Security Benefits

Do you know your basic Social Security amount? Did you know you can increase the Social Security benefits you receive? Social Security provides income you can’t outlive. Retired people often rely on Social Security for around one-third of their income for 30 years or...
COLA – Will it continue?

COLA – Will it continue?

An important factor to our ongoing retirement income is how the Social Security payment grows over time.  This Cost-of-Living Adjustment, or COLA, is announced annually for the following year.  It might make a few bucks to a few hundred dollars difference monthly, but...
COLA – Will it continue?

COLA – What is it?

  An important factor to our ongoing retirement income is how the Social Security payment grows over time. This Cost of Living Adjustment, or COLA, is announced annually for the following year.  It might make a few bucks to a few hundred dollars difference...

When is Social Security Taxed?

Some people believe Social Security is not taxed. Others believe Social Security is taxed.  Depending on your financial setup, either of those could be true.  So how do you calculate and find out whether you will pay income taxes on Social Security?  You might want to...