Are My Social Security Benefits Taxable?
Submitted by Wealth Manager Group - Providing Clarity in a Complex World on June 21st, 2016.jpg)
The quick answer is “it depends.”
social security
Should You Take Early Social Security Retirement Benefits?
Submitted by Wealth Manager Group - Providing Clarity in a Complex World on November 23rd, 2015
Most people are aware that they can begin collecting their Social Security retirement payout at age 62, and, in doing so, they are informed that they will be collecting a reduced benefit. And most people also know that, the longer they wait to collect benefits, they will receive a higher monthly benefit. When they do the math, some people figure they are better off by collecting a smaller benefit for a longer period of time. Of course, some people may not have a choice but to collect early if they are forced out of work or they simply don’t have sufficient resources. But, to the extent anyone can, they should delay retirement in order to collect as high a Social Security retirement payout as they can. The difference can be substantial.
What You Need to Know About Social Security
Submitted by Wealth Manager Group - Providing Clarity in a Complex World on September 21st, 2015
What You Need to Know About Social Security
Social Security was never intended to be an income source that could support you in retirement. Rather, its sole purpose was to provide a safety net for people who were unable to accumulate sufficient retirement savings. For more than seven decades, the majority of Americans never gave much thought to their Social Security benefits – it was nothing more than a box they checked when it was time to collect. Today, an increasing number of people are starting to pay attention to their benefits, and Social Security Planning is becoming a vital element in securing a lifetime income.
