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When you reach the age of 62, you are eligible to receive Social Security benefits. However, just because you can begin getting them does not mean you should. If you start your checks at 62, they will be significantly smaller than the…

It is essential to plan how you will supplement your income and spend your money during your golden years, whether you are 20 years old or 10 years away from retirement. This requires many soon-to-be retirees to make a plan for their Social…

Whether you're close to retirement age or not, Social Security should be on your radar. However, there is a lot of misinformation about Social Security floating around, and believing it could lead you astray. Here are some common myths that…

Although it may appear that millionaires and billionaires shouldn't receive Social Security benefits, there is no law prohibiting it, and it makes mathematical sense. Social Security is not a welfare program in which money is given to…

There are numerous factors that go into determining your Social Security benefit amount, but your lifetime earnings may be the most significant. Your earnings will determine the amount of your basic benefit, or the amount you will receive…

According to the AARP Public Policy Institute, 24% of those 65 and older live in families that rely on Social Security benefits for 90% or more of their income. With an average monthly benefit of $1,523, retirees who rely on Social Security…

You may be eligible for Supplemental Nutritional Assistance Program (SNAP) benefits if you receive Supplemental Security Income (SSI). To make things even easier, the Social Security Administration (SSA) allows you to apply for your state's…

In 2023, Social Security retirees will likely encounter something that no senior has encountered in the past 41 years. The anticipated cost of living adjustment (COLA) would result in the largest increase in benefits in more than four…

Numerous firms shut down and billions of dollars were lost as a result of the unprecedented economic turmoil caused by the epidemic in the United States. Despite the fact that the stimulus check waves were in the millions of dollars, the…

Despite new coronavirus variants and the fact that many Americans continue to struggle financially, it is unlikely that lawmakers in Washington, D.C. will approve a fourth coronavirus stimulus check. Sadly, this means that many individuals…