Tag Archives: Social Security

Are your Social Security benefits taxable?

social-security

Will you have to pay income tax on the Social Security benefits you receive? It depends on many variables. The IRS uses a measurement called “combined income” to determine if you need to pay taxes on any part of your Social Security benefits. Combined income is made up of two parts: 50% of your Social […]

Social Security Errors!

SSA

If you or a loved one have received bills for as many as five months of premiums, do not toss that bill away! According to the Social Security Administration, “Due to a processing error in January, some Medicare Advantage and Part D beneficiaries’ requests to have premiums withheld from their Social Security benefit checks did […]

Create a mySocialSecurity Account

social security admin

Seniors are adopting technology at a faster and faster pace. Managing your financial affairs, including banking, Medicare and Social Security accounts are key parts of making a successful transition to senior living. If you have not done so already, setting up an online account with the Social Security Administration will give you a very helpful […]

Here is a bit of Good News for Seniors

SSA

The last few days have brought some relatively good news for seniors from the two most important government agencies in their lives. The Social Security Administration announced that 2019 will bring the biggest cost-of-living adjustment to Social Security recipients in years. That COLA will be 2.8%, not a fortune by any means, but better than […]