You might be imagining retirement as a completely different life from your working years: enjoying the hobbies you never had enough time for; spending long, fun-filled days with your grandkids; traveling wherever and whenever the whim strikes. But one aspect of your working years may follow you into retirement: taxes. Seniors are working at historic rates, […]
If you’re ready to apply for Social Security benefits, you’ve probably already given some thought to things like when you want your benefits to start or what kind of documents you might need to apply. A lot of that will will of course depend on the type of benefits you’re seeking. Applying for retirement benefits, […]
While retired workers make up the bulk of Social Security beneficiaries, the Social Security Administration (SSA) provides important benefits to many other groups, including children. More than 4 million children in the United States receive Social Security benefits every year. In fact, the SSA pays more benefits to children than any other government program. The […]
When most of us think about Social Security benefits, we think about earned benefits. Those are the ones we’ve earned based on our own work history and that we’ll collect in retirement. But Social Security is much broader than that. These payments are also meant in certain cases to support spouses, widows and widowers, ex-spouses […]
Knowing the ins and outs of Social Security benefits — including how much you can expect to collect each month and the best age to claim your benefits — is important. But while most of us spend years dreaming of retirement, we might not start thinking about our Social Security until the last minute. A […]
When it comes to Social Security, retirement benefits make up the bulk of the benefits — more than 47 million Americans currently receive them. But the Social Security Administration also provides critical benefits to the family members of deceased workers. Six million family members receive survivors benefits, which function almost like a life insurance policy. […]