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119 items found for "social security"
- Financial Regrets That Will Haunt You Forever
Claiming Social Security early. full retirement age, right now at 66 and rising to 67 for those born after 1959, before tapping into Social Security.
- Should Inflation Prompt You to Revisit Your Long-term Financial and Estate Plans?
According to research done by the Senior Citizens League , Social Security benefits have lost more than This is in spite of yearly cost-of-living adjustments for Social Security benefits designed to combat
- The Cost of Caregiving
only do caregivers provide mostly free care, but they also frequently sacrifice their own financial security to an average of $324,040, according to a MetLife study: $142,690 in forgone wages, $131,350 in lost Social Security benefits, and $50,000 in reduced pension benefits. Set up a family meeting—by Skype, FaceTime, or via conference call and have a social worker, mediator Security.
- How to Transfer Your Home Without Jeopardizing Your Medicaid Eligibility
transfer the property to a child under the age of 21 or a child who has been determined disabled by the Social Security Administration. This requires proof by your doctor or social worker that the care was essential.
- Considerations Before Owning a Business with Your Spouse
., Social Security and Medicare taxes). In addition, the owner spouse pays the employer portion of the Social Security and Medicare taxes of
- Make That Required Minimum Distribution go Directly to Your Favorite Charity
adjusted gross income could help you avoid the Medicare high-income surcharge or help make less of your Social Security benefits taxable.
- Houston Estate Planning for the Chronically Ill
severe impairment concerning mind, or having a level of disability similar to that determined by the Social Security Administration for disability benefits.”
- I’m Retired… Now What?
Yes, there may be Social Security benefits and a pension, but many of us will need to rely on savings
- An IRA Trust Might Be Preferred Over Naming Individuals or a Revocable Living Trusts
you retired, you might not need all of that money—especially if you are a spouse with a pension and Social Security.
- How to Afford Your Retirement
Social Security is the primary source of income for 61% of retirees, according to the Transamerica Center Social Security will only be able to pay 77% of promised retirement benefits beginning in 2035.
- The Importance of Elder Law for LGBTQ+ Seniors
LGBTQ+ seniors often face legal challenges in estate planning and inheritance due to discrimination and social It also focuses on protecting seniors’ rights in retirement, social security, and disability benefits With the help of elder law, seniors can navigate the complexities of aging with confidence and security Challenges LGBTQ+ Seniors Face Studies have shown that LGBTQ+ seniors are more likely to experience social Social Isolation and Discrimination One of the most significant challenges facing LGBTQ+ seniors is social
- What Are the New Rules for Special Needs Trust?
These legal tools serve to provide financial security for your loved ones while preserving their eligibility disabilities without compromising their eligibility for government benefits such as Medicaid or Supplemental Security The beneficiary must be classified as disabled according to Social Security standards, meaning they have of mind, especially considering that this fund plays such a critical role in ensuring your financial security
