From: www.gobankingrates.com
For some people in their 20s, when they land that first great job and have some disposable income to spare, their attention — and money — turn to spending on a fun car or a stellar downtown apartment. But the experts say it’s actually time to start saving for something…
The SECURE 2.0 Act will help Americans bolster their retirement savings and strengthen their long-term financial security. The common-sense solutions in the bill—including encouraging employers to offer more plan options and making it easier for small businesses to offer retirement savings plans—will help ensure employees’ retirement savings last a lifetime.
Here’s what you need to know about the SECURE 2.0 Act of 2022:
From: www.caring.com
Whether you’re nearing retirement age, have a significant disability or are struggling to meet your basic needs, you may be entitled to Social Security. This federal program includes several different components that can provide valuable financial assistance regardless of your age. Here’s what you need to know about eligibility and how to claim your benefits.
The…
A webinar by REAP’s David H. Morgan, MSFS, CFF, RMA, CEP®. Learn more about David here.
From: www.kiplinger.com
In a rush to file for Social Security benefits at age 62? Many people are, but slow down and do the math first – or you might regret it.
When it comes to claiming Social Security retirement benefits, you may want to consider waiting to start benefits when you’re 70.
That means not starting benefits when you’re 62…
A webinar by REAP’s David H. Morgan, MSFS, CFF, RMA, CEP®. Learn more about David here.
From: money.usnews.com
Here’s what you need to do to get Social Security payments for $3,500 per month or more.
The average monthly Social Security payment for retirees was $1,551 in March 2021. But many retirees receive over $3,000 per month from the Social Security Administration, and payments could be as much as $3,895 in 2021.
The maximum possible Social Security benefit in 2021…
Go to page: Considering Your Social Security OptionsFrom: REAP, LLC. | Retirement & Estate Advisors & Professionals
When should you start receiving your Social Security benefits and how they will factor into your overall retirement situation?
These are two of the biggest considerations attached to this important financial topic.
If you have questions on your mind or want to go over anything in greater detail, start by taking a look at these key points and then reach…
From: www.fa-mag.com
The Social Security Trust Fund has done quite well in recent years, due to the postwar babies’ surge into the labor force in the last decades of the 20th century while retirees from the low-birth rate Great Depression years were drawing relatively few benefits. The combination of these two forces pushed the Social Security Trust Fund balance from about zero in 1980…
From: www.forbes.com
As more and more Americans are looking ahead to retirement, for some, the reality of not having enough income to pay the bills may be setting in. Even with income benefits from Social Security, many retirees are finding that it is necessary to return to a job or cut back on their living expenses. But, this may not be the…
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