Category: Social Security
5 Things You Should Know About Social Security
If you’re a long way from retirement, knowing the ins and outs of Social Security might not seem particularly important. However, your Social Security benefits should play a key part in your retirement planning process — and you can’t factor in your Social Security benefits if you don’t understand how they work. The result will be a retirement plan that’s either overly optimistic or overly pessimistic.
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7 Mistakes To Avoid When Filing For Social Security Disability Benefits
It is most likely that your Social Security disability application and appeal will take two to three years. However, during this long process there are mistakes you need to avoid making that could disrupt your claim. Here are 7 of the biggest mistakes made when filing SSDI claims:
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Social Security: When Should You File?
Are you better off filing for Social Security benefits as soon as you hit age 62, waiting until full retirement age, or holding off even longer? Choosing the right time to file can help maximize the benefits you receive.
Social Security Disability Benefits: What You Need To Know
Many people plan for their future by investing money in the stock market, paying off their home and mapping out the travel and adventure they will experience in retirement. Yet, few people plan for the possibility of becoming disabled and unable to work. Studies show one in four of today’s 20-years-olds will become disabled before the age of 67, yet 70 percent of the private workforce has no long-term disability insurance and does not understand the disability benefits that are available to them through the Social Security Administration (SSA).
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Retirement Stats Every Baby Boomer Should Know
Worried about retirement? You’re not alone. A large number of workers nearing the end of their careers are learning the hard way that retirement is expensive and that most older Americans simply aren’t prepared. If you’re thinking of retiring in the not-so-distant future, here are a few facts you should be aware of.
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Potential Social Security Compromises Donald Trump Could Make as President
Social Security plays a major role in ensuring the financial well-being of our nation’s retired workforce. The latest survey from national pollster Gallup found that almost 60% of all seniors rely on their Social Security checks to be a “major” contributor of their monthly income, while another 28% expect their benefits check to be a “minor” source of monthly income. That’s nearly nine in 10 retired workers who could be in financial trouble if Social Security weren’t there for them.
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