The 2020 Guide to Virtual Credit Cards

what is a Virtual Credit Card

The coronavirus pandemic has pushed so much about the way we live, shop, and interact onto the internet. Luckily, online shopping—from groceries to paper towels to prescription medication—has never been easier.   Of course, many feel wary about punching their personal financial information into some website. COVID-19 has at once boosted online shopping but also created […]

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 […]

Retirement Confidence Index

September 2020 The current public heath, economic, and political reality in the United States has created enormous uncertainty for many Americans. A majority of citizens lack the savings to last them even three months. That savings gap is even more drastic when it comes to retirement. Indeed, the pandemic has wrought havoc on the retirement plans […]

7 things to do if I lost my Social Security card

report lost social security card

During the coronavirus lockdown, local Social Security offices have reduced hours and are only helping people with their most crucial issues. Generally speaking, getting a replacement card is not considered a crucial issue. So, if you have a lost Social Security card, it’s best to wait until the agency is up and running as usual to apply. The fact […]

Six Steps to Take to Get a New Social Security Number

new social security number

Most people just get their Social Security numbers, memorize them (for all the times they’ll be asked) and go about their lives. It’s kind of like a driver’s license picture—it may not be your favorite, but it serves the purpose. But there are times when people need a new Social Security number. People fleeing domestic […]

SimplyWise July 2020 Retirement Confidence Index

when can I retire

Introduction Beyond the health impact, COVID-19 has created unprecedented economic uncertainty. The pandemic has roiled the economy and devastated Americans’ savings and wallets. And it appears there is no end in sight. Amidst the current surge in COVID-19 cases across the country, states have revived restrictions and stay-at home directives. With the unemployment rate remaining above 10%, the rise […]

Pandemic scams targeting senior citizens

report social security scam calls

Digital attacks are at an all time high, especially due to the uncertainty today caused by the coronavirus and now the protests across the nation. From social security scams to data breaches, our personal information is becoming more vulnerable than ever.  With the looming economic uncertainty, hackers are increasingly predatory and looking to take advantage […]

I was a victim of a Social Security scam

social security scam call

Cyber attacks have been on the rise with the looming uncertainty surrounding the coronavirus pandemic. That means our personal information is now more at-risk than ever. Predatory hackers seek to take advantage of vulnerable groups, including soon-to-be retirees and seniors citizens, by exploiting confusion, uncertainty, and anxiety.  One of our users, who we will call […]

15 Social Security secrets that retirees need to know

what you need to know about Social Security benefits

Whether you’ll rely primarily on Social Security benefits in retirement, or instead view benefits as a supplement to your retirement savings, understanding your eligibility and how to optimize the amount you receive is important. Here, we’ve listed 15 of the most important things you’ll need to know to do just that. 1. There are three […]