Identity theft is becoming increasingly common, and a Social Security number is one of the most valuable pieces of information an identity thief can obtain. These thieves can use your SSN to commit fraud and wreak havoc on your financial information. A stolen SSN can lead to fraudulent new loans, credit cards, and other problems. Read more…
Social Security Resources & Guides
How To Calculate Social Security Benefits In 3 Simple Steps
As you begin to plan for retirement, you must have a good estimate of your monthly retirement benefits from Social Security. This monthly benefit amount significantly influences your monthly budget and might determine whether you can retire now or need to keep working for a few more years. Many people ask, “How is Social Read more…
American Opportunity Credit: Everything You Need To Know (Tips Inside)
Paying lower taxes is something that everyone enjoys, and college tax credits are one great way to do that. Tax credits actually lower the tax that you owe on a dollar for dollar basis instead of simply lowering your taxable income. If you are a student or have an eligible dependent who is a student, Read more…
The Social Security Tax Limit Explained | Full Guide
If you have taken a look at your paycheck stub recently, then you have likely noticed a withholding for the Social Security tax and Medicare tax. The Social Security tax covers Social Security benefits for those who receive retirement benefits or disability benefits on a monthly basis. But, did you know that there is a Read more…
Social Security Payment Schedule
Your Social Security retirement payments are paid out based on your birthday. Below is the monthly Social Security benefits payment schedule. Birthdate Payment 1st thru 10th Your benefits are paid on the second Wednesday of the month 11th thru 20th Your benefits are paid on the third Wednesday of the month 21st thru 31st Your Read more…
How Do I Check To See If Someone Is Using My Social Security Number?
Your Social Security number is one of the most critical pieces of identifying information that you have. Unfortunately, it can also be vulnerable to thieves and hackers. If your SSN falls into the wrong hands, it can have dire consequences. Notably, it can wreak havoc on your finances. Suppose an identity thief gets access to Read more…
Social Security Number “Suspended” | Is It A Scam Call?
Most Americans have received some form of this scam call – someone on the other end of the line claiming to be from a government agency. They inform you that your Social Security number has been suspended or there has been some criminal activity associated with your number. However, you can clear that all up Read more…
Stolen Or Lost Social Security Card: What To Do Next | Complete Guide
If your Social Security card is lost or stolen, it could wreak havoc on your personal affairs. Since your Social Security number is used for basically everything from identification to creditworthiness, you could easily become the victim of identity theft if your card falls into the wrong hands. There are steps that you need to Read more…
Maximizing Social Security Spousal Benefits | (Full Guide)
You likely already know that you can receive Social Security retirement benefits as long as you work for a sufficient time. However, did you know that you might be eligible to receive Social Security benefits even if you never worked? Spousal benefits allow you to qualify for retirement benefits based on the work record of Read more…
Are Social Security Programs A Form Of Socialism? | Full Guide
The word socialism can start some heated debates between many Americans. It has been a hot topic in recent years, and many wonder if America is headed toward a more socialist form of government. Most people agree that capitalism is at the heart of the “American dream” although there is some argument on whether there Read more…