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Category Archives for "Benefits"

Eligibility Changes in Social Security for 2019

Every year Social Security updates some of the numbers associated with your benefits. Here are the current requirements to qualify for Social Security benefits. The Social Security Administration is a U.S. government agency that provides income to retirees, survivors, and the disabled that have worked. Each division provides a particular service and has different eligibility […]

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Social Security Work Requirement Changes for 2019

One of the most common questions asked is whether or not you can work and collect Social Security. The simple answer is yes, you can! But there are some things you need to know. If you have reached your Full Retirement Age, you can work and earn as much as you choose without penalty and […]

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Best Time to Start Social Security 2019

When to start collecting Social Security will be one of the most important questions to answer for your retirement. Trying to determine the best time is a difficult undertaking that will depend on your personal circumstances and desires. You can collect any time between 62 and 70 but you’ll want to consider several factors. Can […]

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Medicare: Part A – 2017

Medicare Part A Medicare is divided into four parts: Part A, B, C, and D. Each part covers different services. Part A is your hospitalization. It will cover you for your hospital stay and services received while admitted to the hospital. Details for Part A Part A covers hospital care if you are formally admitted […]

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Medicare: The Infamous Donut Hole

Beware the Donut Hole, I’ve heard, but what is it and why don’t people like it? It is a temporary limit on what your drug plan will cover. You pay more! Insurance companies pay 75% of standard medications like those for blood pressure, heart disease and other common ailments. Once you reach a certain monetary […]

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Women and Social Security-5 Tips

The choices you make today will affect your Social Security payment amount later on. This is true, even if you are in your 60s and are rapidly approaching retirement age. It’s especially true for our daughters and granddaughters, who still have several years, or even decades, to go before retirement age. I always thought that […]

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SURPRISE! DIVORCED SPOUSES CAN GET SOCIAL SECURITY BENEFITS

Many Women believe they are not entitled to Social Security if they are divorced. The truth is you can get Social Security on your ex-spouse’s record under certain circumstances even if you are divorced. There are two U.S. Social Security benefits you may be entitled to—spousal support and survivor benefits. If you qualify and your […]

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5 TIPS TO NEW SOCIAL SECURITY LAW

5 TIPS TO NEW SOCIAL SECURITY LAW The Bipartisan Budget Act of 2015 made some significant changes to Social Security law. The new laws do away with some lucrative claiming strategies. You may still be eligible for these additional funds, but if you are, you need to act quickly. If you will be 66 or […]

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Social Security: How is it Calculated?

Social Security:  How is it Calculated? As you approach retirement, you’ll want to know what your future Social security payment will be. As I talk to readers, I find there is confusion about how benefits are calculated. Some think it is based on your last five or ten years of work and that taking a […]

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Best Time to Collect Social Security

Social Security is a major component of retirement financial existence. Knowing these facts will help you make informed decisions that may affect your income for the rest of your life. FULL RETIREMENT AGE Full Retirement Age is when Social Security considers you eligible for full retirement benefits. Full Retirement Age used to be 65 for […]

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Tips for Social Security