When it comes to Social Security, some of the lingo and acronyms people use can be a bit perplexing. We, at the Social Security Administration, are here to explain things to you. They make an effort to communicate your benefits in plain language that anyone … Read more
Millions of Americans have already received their first Social Security payments in January and are eagerly awaiting the next round in February. Due Dates for Social Security Payments of $10,092 Here are the payment deadlines for February that you should be aware of. Payments from … Read more
You might assume that because Social Security has been around for so long, its rules will remain unchanged. In fact, that’s not the case at all. An annual adjustment to benefits is possible, and some adjustments are more obvious than others. There have been several … Read more
One of the most common misconceptions about Social Security is that all retirees receive the same monthly benefit. When it comes to benefits, there is a wide range of income that you may be eligible for. A $4,194-a-month benefit will be available in 2022. However, … Read more
New Mexico’s income tax on Social Security benefits has been the subject of much debate recently. It is my opinion that as a CPA who receives Social Security benefits, I can provide valuable information and perspective that has been lacking in the commentary I have … Read more
How much more can you get if you wait to collect Social Security benefits? When it comes to Social Security, the most important decision you will have to make is when to begin claiming benefits. You can begin claiming benefits at the age of 62, … Read more
People expect Social Security to provide a retirement income, and that’s exactly what it does. More than just social retirement plans are provided by the Social Security Administration (SSA). Additionally, the SSA protects workers who become disabled and provides survivor benefits to families when the … Read more
In order to receive benefits, you must receive an award letter from the Social Security Administration (SSA). However, these letters are also known as benefits letters. People who have applied for disability benefits and other Social Security programs are often sent these letters. The process … Read more
There are several options available to you if you’ve misplaced your Social Security card. Things like employment, loans, and government programmes or services all rely on your Social Security number. Don’t forget to keep your credit card in a safe place. It’s always a good … Read more
When it comes to signing up for Social Security, you have a lot of options. To begin receiving benefits, you must be at least age 62, and you can begin receiving your full monthly benefit based on your personal earnings history when you reach the … Read more