Social Security is an important source of retirement funds for many people in the United States; as of September 2022, over 70 million people were in receipt of these benefits.[1] Many people are not aware of how or when to begin utilizing this source of income. As you age and come closer to retirement, the [...]
Social Security is only designed to replace a part of a retiree’s income, and the buying power of its benefits doesn’t necessarily keep up with inflation. The services retirees tend to spend the most money on – housing and medical – have increased significantly. Moreover, inflation can erode your savings. One thing’s for sure, you [...]
For your entire working life, FICA (Federal Insurance Contributions Act) has been taking money out of your paycheck for Social Security, and our goal is to make sure you receive the maximum benefit. We create strategies for our clients to help them take advantage of the Social Security benefits throughout their life in retirement. Here [...]
More than likely, Social Security will represent a portion of your monthly retirement income. But, how big of a role will it play in your overall retirement strategy? While Social Security won’t provide for your entire income in retirement, it can help supplement it in certain areas. So, make sure that you include a plan [...]
For your entire working life, FICA (Federal Insurance Contributions Act) has been taken money out of your paycheck for Social Security, and our goal is to make sure you receive the maximum benefit. We create strategies for our clients to help them take advantage of the Social Security benefits throughout their life in retirement. Here [...]
