The 2021 Social Security Trustees Report is Already Outdated
The author says that Social Security may be in a more dire financial state than the latest Trustees report suggests.
Social Security
Social Security Trust Funds Projected to Run Out of Money Sooner Than Expected
The Social Security trust fund most Americans rely on for their retirement will run out of money in 12 years according to the latest Trustees report.
Be Aware of the Medicare Part B Premium When Taking Social Security at Age 62
Enjoying your Social Security benefit prior to age 65 means less money to pay the Medicare Part B premiums – for the rest of your life.
Whistleblower Scores GPO Related Win at SSA
As a result of a whistleblower’s disclosure, over 21,000 widow(er) beneficiaries may be entitled to receive higher benefits payments.
Up, Up and Away: 6.2% Possible for 2022 COLA
Inflation is up again in July. There is another higher projection for the 2022 COLA figure to be announced in October.
Social Security COLA Projected to Be the Highest In Decades
Social Security recipients are likely to get a big COLA in 2022, but the author notes that this is a major financial burden for the program.
Why Social Security’s Trust Fund Is Vital to Those Approaching Retirement
The author says that Social Security is losing billions of dollars that will one day hit retirees directly in the wallet.
How to Calculate Your 2022 COLA (Current Max Projection: 6.1%)
How is the 2022 COLA calculated for different groupings of federal retirees?
When Should a Married Couple Avoid Delaying Social Security?
As the author illustrates, when each spouse begins drawing Social Security can have a significant impact on the other’s benefits.