social security

When Should You Take Your Social Security?

When Should You Take Your Social Security?

The “right” answer to this common query remains as elusive as ever. It depends on a wide array of personal variables. No wonder many families find themselves in a quandary when it comes to taking their Social Security benefits. Let’s take a closer look at how to find the right balance for you. Read More >

Post-Election Social Security Cuts Less Likely Now

Post-Election Social Security Cuts Less Likely Now

Recent proposed changes to Social Security Retirement Benefits by Republican Senators may have had you worried, but without a majority in the Senate (not to mention a Democrat still in the White House) there is no chance Social Security and Medicare will be made discretionary expenses and subject to annual budget cuts.

The Incoming Administration and plans for Social Security

The Incoming Administration and plans for Social Security

Under the Biden Administration's social security plan, the 12.4% Social Security tax would be collected on earnings up to the regular wage base ($142,800 in 2021) as well as on earnings over $400,000. These additional revenues would be used to expand benefits for specific groups of people. Find out how this might apply to you.