IRAs
2022 Decisions Can Affect 2024 Taxes for Some!
Expecting a big capital gains or other tax event this year? It might mean an unexpected tax surprise that can affect your Medicare premiums two years from now!
April 18, 2022
Category: Social Security
IRAs
Beware of Tax Torpedoes and the IRMAA Cliff
Tax traps are waiting. Did you it’s possible to be smack in the middle of the 22% tax bracket, yet taking an additional $1,000 in income could make that additional money taxable at 40%? It can happen to some taxpayers. In fact, there are other pitfalls many aren’t aware of, as well.
April 11, 2022
Retirement
New Social Security Statements Available
Have you checked your Social Security statement on the SSA’s website? You should; there’s a lot of good information there!
March 24, 2022
Retirement
Are You A “Baby Boomer” Getting Ready for Social Security?
If you’re a baby boomer, you may want to begin your Social Security planning early – and it’s especially true when it comes to claiming Social Security! Today it’s different from when your parents filed their claims: they just went down to the Social Security office and put in the paperwork! Today, it’s far more complicated.
March 18, 2022
Inflation
November 29, 2021
Planning
Social Security Claiming can be Confusing.
Social Security can be confusing; even the hard-working people working in Social Security offices don’t always get it right. Here are the two questions advisors often get asked.
November 15, 2021
Retirement
Social Security Claiming Mistakes Can Be Expensive.
Social Security claiming mistakes can result in more than just lost income; you might end-up paying thousands in extra taxes later!
November 8, 2021
Retirement
Social Security Claiming Mistakes Mean Retirees Set To Lose $3.4 Trillion in Retirement Income.
Over half of all Americans expect to live a comfortable retirement and only one third think Social Security will be important to them.
September 14, 2021
Retirement
Social Security Report Indicates Benefit Cuts May Be On The Way.
The Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds.
September 2, 2021
Investing
Should You ALWAYS Wait to Claim Social Security Benefits?
There may be times when you might decide it’s worth claiming your Social Security benefits early!
July 15, 2021
