social security administration

1 thing you need to check before applying for social security

1 thing you need to check before applying for social security

(Adam Levy) As your retirement date approaches, it’s time to start being more specific in your planning. A big part of any retirement plan is Social Security. While there may be some debate about the optimal time to file and various claim strategies to optimize your finances, there is one thing you need to check, …

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Why the maximum Social Security benefit of $4,194 is a fantasy

Why the maximum Social Security benefit of $4,194 is a fantasy

(James Brumley) It may not be a huge amount of money, but it is certainly enough to live comfortably. Cashing $4,194 in Social Security checks every month translates to an income of over $50,000 a year, which is roughly what the average American worker earns these days. However, the chances of you collecting the maximum …

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