When you’re gone, your spouse’s income will take a major hit–one that can be worsened significantly, if you make the wrong decision about when to claim.
There are many options, but the best use of the money is different for each widow and her unique circumstances.
You don’t get to use all the money in your traditional 401(k) and IRA for retirement because you still have to pay taxes on it.
In the wake of the coronavirus pandemic, many older adults are more socially isolated than ever—and thus more vulnerable to being financially victimized.
Knowing when to retire and when to begin claiming benefits comes down to understanding yourself — and your finances.
Money Talks News’ recent article entitled “7 Social Security Benefits You May Be Overlooking” says that the Social Security Administration provides payments to spouses, children and those with disabilities, among others. Let’s look at this in detail. Spousal benefits via a husband or wife. Spouses can get up to half of their husband’s or wife’s…
When you begin claiming affects how much money you get from the program, and once you’re receiving checks, it’s difficult to undo your decision.
If a loved one asks you to be the executor of their estate, think carefully before you take on this responsibility.
Nearly 90% of American adults say they are at least somewhat confident in their knowledge of Social Security, according to the 8th Annual Social Security Consumer Survey from the Nationwide Retirement Institute. However, the survey also finds that many Americans don’t know their eligibility age, how payments are calculated and other essential information.