What Happens to Social Security Benefits if the Trust Fund Runs Short in 2033?
Social Security is facing a 22% benefit cut as soon as 2032, if the government doesn’t intervene. The government will likely take steps to avoid...
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3 Social Security Myths That Are Costing Retirees Money Right Now
Social Security is in trouble, but it won’t run out of money completely. Your Social Security claiming age may affect your spouse and other depe...
The Biggest Retirement Income Mistake Isn’t Claiming Social Security Early
If you claim Social Security before reaching full retirement age, you’ll reduce your monthly benefits for life. Not adjusting retirement plan wi...
How to Coordinate RMDs With Other Retirement Income to Minimize Taxes
Don’t be late taking your RMD, as the penalty is severe. Think through the tax implications of your RMDs. There are some moves you might make to...
This Hidden Retirement Tax Trap Could Raise Your Medicare Premiums
Accumulating a large balance in a traditional retirement plan could leave you with large RMDs to take. Those RMDs could not just raise your taxes, but...
Why 2 Retirees With the Same Work History Can Get Completely Different Social Security Checks
Your Social Security benefit is based on your work history. You get benefits equal to your average wage over 35 years. There’s another factor th...
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