Along with private pensions and savings/investments, Social Security benefits are one leg of the three-legged stool of retirement planning. However, according to a 2020 study conducted by the National ...
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter editor, answers questions on topics submitted by readers. This week she's looking at six questions on the taxation of ...
1. Have I reached my full retirement age? The nice thing about Social Security is that benefits become available starting at age 62. But if you want your monthly benefit without a reduction, you'll ...
How Social Security works is something that would benefit all of us to understand, and yet, partly because of an overall lack of financial literacy, it can be quite a mysterious beast. Fortunately, ...
Age 62 is the earliest point to claim Social Security. Filing then will result in reduced monthly benefits. It's not necessarily a mistake to file that early, though. It's not necessarily a bad idea, ...
While surveys show Americans worry Social Security may run out of money, benefits will continue, one economist says. But just how much future monthly checks amount to will depend on elected lawmakers.
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