Free Government Money & Financial Help For Seniors Over 50

  There are many financial assistance programs available for seniors over 50, and you might not even be aware of many of them! Some are targeted specifically at low-income individuals, but you might be surprised to find out that you can still qualify for them. From healthcare options to free appliances, there are many organizations Read more…

What Happens To Unused Social Security Benefits?

The Social Security Administration makes millions of benefit payments each month, and the Social Security program is the largest item in the Federal budget each year. Beneficiaries receive many different types of benefits, including retirement benefits, disability benefits, and SSI benefits. You likely already know that you generally become eligible for Social Security benefits at Read more…

Can Social Security Be Garnished? | Comprehensive Guide

If you owe someone money, there are ways that the court system can force you to pay your debt. Wage garnishment is one of those methods. However, you likely already know that Social Security benefits do not provide most people with enough money to pay for their monthly household expenses since Social Security payment amounts Read more…

Are Social Security Spousal Benefits Loopholes Still Open?

If you receive Social Security benefits, your spouse might also be eligible for benefits. Even if your spouse does not have their own earnings record, they can receive retirement benefits based on your work history. In some cases, your spouse might be able to maximize their benefit by exploring some loopholes surrounding the spousal benefit Read more…

When Can A Spouse Claim Spousal Benefits | (Full Breakdown)

Most people understand that you must have paid into the Social Security system to receive retirement benefits upon reaching retirement age. However, did you know that you can get Social Security benefits based on your spouse’s work history? This means that you can get a monthly benefit payment even if you do not have sufficient Read more…

38 States That Don’t Tax Social Security | Full List Inside

Retirees are always looking for ways to maximize their retirement income, and avoiding income tax is an excellent strategy for doing so. Depending on your total taxable income, your Social Security benefits might be taxed at the Federal level no matter which state you live in. However, choosing to live in a state that does Read more…

Social Security Tax Deferral | 2022 Guide Inside

  Most people are familiar with the 6.2% Social Security tax that is withheld from each of their paychecks. During the Coronavirus pandemic, the Federal government was looking at many different ways to help Americans who were struggling financially. One method that was utilized was a payroll tax deferral that allowed employers to defer the Read more…

Can You Opt Out Of Social Security? | Full Guide Inside

Most people get disappointed when they see the amount of Social Security taxes withheld from their paychecks each month. When it comes to self-employment, those individuals are usually left writing a big check to the IRS when income tax time rolls around. Since Social Security taxes are used to fund retirement benefits and other benefits Read more…

Does A Second Wife Get Social Security From Her Husband?

A spouse is one of the most common beneficiaries of Social Security benefits. Most people know that they can qualify for spousal benefits based on their spouse’s work history, even if they have not worked on their own. But many people get divorced and remarried during their lifetime. Some might even do this more than Read more…

What Is The Minimum Social Security Benefit? | Full Guide

Most Americans rely on Social Security retirement benefits during their retirement years. Some rely solely on these benefits, while nearly all retirees depend partially on the benefit payments. You probably already know that your benefit amount is calculated based on your lifetime earnings record. So how much does Social Security pay, and what happens to Read more…