A nonworking wife with no Social Security benefits of her own cannot collect on her husband’s earnings record until he files for his Social Security benefit.
As COVID-19 forced some older Americans into early retirement, a survey shows a huge increase last year in total retiree debt, partly as a result of more people carrying credit card debt.
If your client is entitled to Social Security on her own earnings record, she may want to collect reduced retirement benefits at age 62.
But older women are more willing to seek financial planning help than men, according to a survey by The American College of Financial Services.
Social Security benefits are typically calculated using your highest 35 years of indexed earnings.
Investment advice may take back seat to financial wellness as advisers' clients worry about the state of the economy and the prospect of losing their job
Requesting a lump payout can make sense for some people.
No retroactive payouts are available before full retirement age
The IRMAA surcharges outlined in notification letters apply only to 2021 Medicare premiums based on 2019 tax returns.
I filed for my Social Security benefits online and you can, too
