Is Social Security taxable?

how much will my social security be taxed

Since the rapid spread of the coronavirus around the world, many people are losing jobs and fearing for the economy. The Social Security Administration, though not created specifically to deal with pandemics, is a social safety net to help Americans—especially American workers—through times of crisis. But in order to keep the Social Security benefit funds viable for […]

10 Important Facts About Social Security during Coronavirus

Social Security coronavirus

The Social Security Administration was born out of the national upheaval following the Great Depression. And today, we’re going through a historic pandemic that is similarly rocking our nation and world. Social Security benefits are received by about 64 million people — retired workers, disabled people, and survivors of workers who have died. It provides roughly a third […]

Social Security Benefits for Divorced Spouses

divorced couple

Ready for retirement – and all the paperwork that comes with it?​​​ Declutter and digitize receipts, bills & other documents with the Smart Filing Cabinet. ​​ GET THE APP Many people mistakenly believe that if you’re divorced, you can’t claim Social Security benefits earned by your ex-spouse. However, the Social Security Administration has made provisions for […]

What is Supplemental Security Income?

Social security administration

Supplemental Security Income, or SSI as it is commonly known, provides extra financial security for people who are blind, disabled, or over age 65 who lack the resources to cover basic needs. When Social Security was put in place in 1935, that extra measure of security was expected to be provided by the states; but […]