Many opt to take Social Security before full retirement age
Taking Social Security benefits early comes with a price, yet more than 4 in 10 Americans who are 50 and over say they'll dip into the program before reaching full retirement age.
social security
When should you take Social Security benefits?
Q. I am considering taking Social Security now, at age 63. Yes, I know all sorts of reasons to wait, like the annual increase of 8 percent in benefits. But there are some other reasons that I am thinking of that tip the balance the other way. My income is quite low now, so I need cash from somewhere–either my savings/investments or Social Security. If I use my savings, then that fund depletes and it would not be there for anyone to inherit when I’m gone. But no one will receive any of my Social Security benefits when I’m dead, so if I don’t take my benefits, and I die sooner rather than later, they remain untapped and disappear.
— Looking for strategies
New steps to help people with disabilities and student loans
The Obama administration is taking steps to help people with disabilities get their student loan debt forgiven, safeguarding their Social Security payments.
How to maximize your social security benefits
Q. Now that file and suspend isn’t an option, what other strategies can we use to make sure we get as much as possible out of Social Security?
Learning about Social Security’s restricted applications
Q. Social Security’s changes not to allow file and suspend make sense. But they also stopped restricted applications. What were restricted applications?
Government: No benefit hike for Social Security next year
There will be no benefit increase next year for millions of Social Security recipients, disabled veterans and federal retirees, the government said Thursday.
Things to know about Social Security at 80: Overhaul time?
Social Security turns 80 on Friday, and the massive retirement and disability program is showing its age.
Social Security overpaid disability benefits by $17B, says report
WASHINGTON (AP) -- Social Security overpaid disability beneficiaries by nearly $17 billion over the past decade, a government watchdog said Friday, raising alarms about the massive program just as it approaches the brink of insolvency.
Christie’s entitlement plan – Do you agree with his strategy? – Poll
While he hasn't formally announced he's running for president, Governor Christie made a statement this week implying some major changes need to happen nationwide. According to him, Medicare and Social Security need serious reform, including a means test and a higher retirement age.
Social Security website helps you track your benefits
A lot of Americans are counting on Social Security benefits when they retire, but many don't know how much they can expect to receive.