Ken and Rick discuss the pros and cons of retiring early and how this can affect social security benefits and taxes.
The year you were born, how much you've worked, and the year you claim your benefits determine how much you receive, but very few will qualify for the maximum benefit.
Social Security has some flaws that President Trump may seek to address. There could be a shift to full retirement age, and ...
In a hypothetical scenario, if a business owner, Jerry, has consistently paid himself the maximum Social Security wage base but his spouse, Jamie, has no earnings record, their combined Social ...
Since 2019, we have asked working people to talk about their experiences of work over the past 12 months, and what their thoughts are on issues likely ...
Yet while other parts of the Tax Code—such as income brackets, the standard deduction and the Social Security wage base—are updated routinely, the PAL threshold has stayed frozen in time, actively ...
Social Security benefits are eligible for a cost-of-living adjustment (COLA) each year so that they have a chance to keep up ...
Thankfully, Social Security benefits are raised automatically nearly every year to help them compensate for inflation. Without those cost-of-living adjustments (COLAs), recipients would practically be ...
Over three million retirees who worked in the public sector, or are entitled to spousal or surviving spousal benefits, will ...
Social Security is likely going to be a crucial source of income when you are retired. Unfortunately, because the rules ...
It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at ...