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On-The-Money: Social Security
“Can I enroll in Medicare without claiming social security?” In our office, we hear this question every day. To some, that may sound surprising; under the current law, most people become eligible for social security benefits at age 62 and Medicare at age 65. However, as we advise most of our clients, claiming social security …
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“Will social security still be around when I retire?” In our office, we hear this question almost every day. Social security is one of the most important government programs, with about 97% of elderly Americans currently receiving or planning to receive benefits. Unfortunately, the Social Security Administration is in trouble; according to a recent report, …
Social security is in trouble and many Americans have begun seeking social security alternatives to safely plan for retirement. The Social Security Administration suggests that your social security benefit make up about 40% of your income. If social security is only 40% of your earnings, how can you prepare for retirement without being too dependent …
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