Displaying 406 results
How Covid-19 changed retirement planning
When to claim Social Security is the top question for new retirees.
INmail: Social Security wants its money back
When a family member dies, the Social Security office will often ask for the last check back.
Medicare questions spike as boomers work past 65
Financial advisers are being bombarded with questions about whether clients need to enroll in Medicare.
Wealthier clients saving in 401(k)s may fall into tax trap
Too much money in tax-deferred retirement accounts could undermine clients' financial plans if taxes rise in the future to pay for today’s exploding government spending.
Social Security adds new guidance to online statements
The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits.
Stalking a Social Security application decision
The application for benefits was submitted more than seven weeks earlier; persistence pays off in tracking down why the response took so long.
INmail: When to claim survivor benefits
If the goal is to collect the largest possible survivor benefit, wait until full retirement age to claim it.
Women’s retirement plans torpedoed by COVID
Nearly three-quarters of women with investible assets of $100,000 or more say the pandemic has negatively impacted their ability to retire, but as that is happening, more women are turning to financial professionals for advice, according to a Nationwide survey.
INmail: Social Security rules for divorced spouses
Can a divorced person still collect Social Security benefits on an ex’s earnings record?
When eligibility for retirement and disability benefits overlaps
A new report from the Social Security Administration provides a road map for maximizing benefits for individuals who qualify for both programs.
INmail: Nonworking spouse must wait for husband
A nonworking wife with no Social Security benefits of her own cannot collect on her husband’s earnings record until he files for his Social Security benefit.
Retiree debt doubles during pandemic
As COVID-19 forced some older Americans into early retirement, a survey shows a huge increase last year in total retiree debt, partly as a result of more people carrying credit card debt.
INmail: Remarriage rules for survivors
If your client is entitled to Social Security on her own earnings record, she may want to collect reduced retirement benefits at age 62.
89% of women failed retirement literacy quiz: Study
But older women are more willing to seek financial planning help than men, according to a survey by The American College of Financial Services.
INmail: Earnings after age 66 may increase Social Security benefits
Social Security benefits are typically calculated using your highest 35 years of indexed earnings.
Employment uncertainty tests financial plans
Investment advice may take back seat to financial wellness as advisers' clients worry about the state of the economy and the prospect of losing their job
INmail: When lump-sum payouts make sense
Requesting a lump payout can make sense for some people.
Social Security lump sum rules and strategies
No retroactive payouts are available before full retirement age
INmail: Is your clients’ MAGI information up to date?
The IRMAA surcharges outlined in notification letters apply only to 2021 Medicare premiums based on 2019 tax returns.
Social Security expert follows her own advice
I filed for my Social Security benefits online and you can, too
