by SDP Team | Jan 4, 2018 | Social Security
A key decision that most American retirees need to make is when to start collecting Social Security benefits. You can begin receiving this income as early as age 62 and as late as age 70, and most people commonly take their benefits earlier rather than later. But what...
by SDP Team | Mar 10, 2017 | Social Security
Dispelling some misperceptions about the program. Some myths & misperceptions keep circulating about Social Security. These are worth dispelling, as more and more baby boomers are becoming eligible for their retirement benefits. Myth #1: Social Security will go...
by SDP Team | Jan 30, 2017 | Social Security
These free tools will calculate your Social Security benefits When to claim Social Security is one of the most important decisions retirees can make. Many websites offer free estimates of how much you may receive depending on what age you decide to take benefits....
by SDP Team | Jan 9, 2017 | Social Security
There are many software packages that will show different income scenarios from Social Security. One of the most popular scenarios is, “Which will give me the most income over life expectancy?” Tell us when you’ll die, and we’ll tell you the best way to maximize...
by SDP Team | Nov 23, 2016 | Social Security
The answer depends on your income. Your Social Security income could be taxed. That may seem unfair, or unfathomable. Regardless of how you feel about it, it is a possibility. Seniors have had to contend with this possibility since 1984. Social Security benefits...
by SDP Team | Oct 5, 2016 | Social Security
With the recent changes (April 2016) in some of the rules for drawing Social Security, a lot of good plans for retirement income have been dashed on the rocks of new regulations! Just a year ago it was possible for a spouse to retire and suspend his or her benefits...