When and How Should I Apply for Medicare?
Age 65 is the magic number around which Medicare enrollment revolves. In this Part 3 of Medicare FAQs, we show how that may apply to you under different scenarios.
Age 65 is the magic number around which Medicare enrollment revolves. In this Part 3 of Medicare FAQs, we show how that may apply to you under different scenarios.
Whether you're already collecting Social Security or still paying into the system, here's a quick run-down of what you need to know for 2018.
Today a client sent me a link to Don't Need Your Social Security? 1 Reason You Should Claim It Early Anway, by Dan Caplinger of Motley Fool. In the article, Caplinger suggests that "successful investors" who don't need their Social Security to live on should consider claiming it early at 62 and investing it instead.
The Social Security Board of Trustees released their latest report today on the solvency of the so-called "Trust Fund." Quick summary of key highlights:
Question: I am on Social Security benefits. Will I be taxed on this income? Answer: The federal taxability of your Social Security is based on a concept called provisional income and it's different than the standard federal income tax brackets.