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Tag: Social Security

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Home » Social Security
May 24, 2022

Social Security

Social Security Offers Lump-Sum Payments to Some Beneficiaries

If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.

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March 21, 2022

Social Security

Claiming Social Security Benefits at Age 70

If you are about to turn 70, congratulations on reaching a big milestone.  And if you also have delayed claiming Social Security retirement benefits up till now, you are joining a select group -- only 6.5 percent of Social Security recipients put off collecting their benefits.

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March 9, 2022

Social Security

Things to Remember at Tax Time

Tax day, which is Tuesday, April 19 in 2022, is approaching and it is time to begin crossing T's and dotting I's in preparation for paying taxes.

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February 4, 2022

Social Security

When a Social Security Recipient Dies, Survivors May Be Eligible for Benefits

When loved ones pass away, there are lots of considerations, including what happens to their Social Security. The decedent’s payments need to be stopped, but survivor’s benefits may be available to the spouse or, in certain cases, children. 

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October 15, 2021

Social Security

In 2022, Social Security Beneficiaries Will See the Biggest Increase in 39 Years

For 2022, the monthly federal Supplemental Security Income (SSI) payment standard will be $841 for an individual and $1,261 for a couple.

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August 4, 2021

Social Security

Thousands of Elderly and Disabled SSI Recipients Accused of Owning Property That Isn’t Theirs

In December 2018, the Social Security Administration (SSA) had a nasty surprise for Laura Marshall (not her real name), a...

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July 30, 2021

Social Security

You May Be Overestimating Your Social Security Benefits

Studies have found that workers overestimate how much they will receive in Social Security benefits when they retire. Having a good understanding of the realities can help you plan for retirement.

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November 1, 2018

Social Security

2019 Will Bring Social Security Beneficiaries the Biggest Increase in Eight Years

The Social Security Administration has announced a 2.8 percent increase in benefits in 2019, the largest increase since 2012. The...

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