Protect Yourself and Others from Social Security-Related Scams  … Financial scams are everywhere, but the most prevalent scams show up around social security and … TAMMA Blog Protect Yourself and Others from Social Security-Related Scams .png … Threatens to seize your bank account Promises to increase your Social Security benefit Tries to gain … Learn how to identify and protect yourself from prevalent Social Security scams. Discover warning … official ...it is a SCAM! Protect yourself and others from Social Security-related scams Try to … Security number, even if they have part or all of your Social Security number Warns of arrest or legal … taxes. The Social Security Administration will never threaten, scare, or pressure you to take … Social Security …

Social Security Strategies … I received an email recently to remind me to check my annual Social Security Statement.  Typically these statements would be mailed to you every year but the agency did away with that practice for most people a few years ago in order to cut costs. Setting up an online account is easy and you get to see more options compared to the previous paper statements that were sent.I am of the opinion that most people should wait until they reach their full retirement age or beyond to collect their social security benefits.  Only in extreme cases where an individual or couple needs the money as a means to live on do I advise taking benefits early.  Typically in these situations, it is a result of poor planning or bad decisions that put people in these types of predicaments.This NY Times article, The Payoff in Waiting to Collect Social Security does a great job in highlighting the reasons for delaying benefits. If you delay collecting your benefits, which can be claimed anywhere from age 62 to 70, the money you leave on the table each year is basically a payment for a much higher stream of lifetime income. And that money will buy significantly more income, perhaps 50 percent more for a couple, than buying an annuity through a commercial insurer. Delaying benefits requires leaving sizable sums of money on the table, which, for many sixty-somethings, could be too difficult — psychologically or financially. Some want to start collecting what they’re owed, while others simply need the money to live on. And individuals who aren’t healthy should clearly start collecting benefits as soon as they’re eligible. But for people who are yearning for more sources of guaranteed income, this strategy — buying more income from Social Security — is especially attractive now when interest rates are low. Commercial insurers cannot compete on price, experts said, and they also have overhead that the federal agency does not. See also this Crains' piece on 10 ways to maximize Social Security benefits … Social Security …

trying to optimize your Social Security benefits over a joint lifespan can be complicated. However, you … addressed three crucial factors that should be considered in the Social Security decision-making process … Three Factors That Affect Your Social Security Decision … I am often asked the critical question of should I take my social security benefits early or wait until full retirement age or beyond? Issuing a blanket response or answer to that question can lead people down the wrong path, especially on this subject. While many people would benefit the most by waiting until they reach their full retirement age or beyond to collect, several factors need to be addressed to make a decision such as this.Before we get started, everyone should take the time to set up a my Social Security account at the Social Security Administration. Setting up an account is easy, and you get to see more options than the previous paper statements that were mailed. They also have several handy calculators that can be useful in helping to make Social Security related decisions.Let’s begin by looking at the table to the right to determine at what age you are eligible to start receiving social security benefits for retirement is?With your eligibility age in mind, here are some key factors to consider; What is the condition of your current health, and what in your family history could impact your health in the future? Do you plan to continue to work? Are you married? We will now address these factors one by one and explore their impacts on your decision-making process on claiming Social Security benefits. Factor 1: Health Health should be a primary factor in your Social Security and retirement planning. If your health is failing or you believe that you will not survive your average life expectancy, then the option of taking benefits at or before full retirement may be an optimal planning strategy.While there are new types of applications on the market to help you determine your length of life, you are trying to predict the unpredictable at the end of the day. Not to mention, dying is not a topic that most people like or want to think about.Of the three factors that I have laid out, this is the most personal by far, and only you can decide what the best decision for you and your family is. Factor 2: Continuing to Work Believe it or not, some people like to work … consider with continuing to work is how your Social Security benefits could be taxed if you decide to … maximize Social Security benefits for married couples. Again, integrating Social Security claiming …

Consider If you were widowed or married at least 10 years before divorcing, you could draw Social Security benefits … . See Social Security's Survivors Benefits for details. It's important to note that prenups don't …

Security numbers from being misused. Resources Featured in This Episode: ID Shield Dashlane … account openings. [00:08:34] - Importance of freezing children’s credit to protect their Social …

line of thinking. When it comes to developing a Social Security strategy, working with an advisor can … basic principle to understand about Social Security is, the longer you wait the more that you will … filing strategy – Deciding what your best course of action is when it comes to filing for Social … Security benefits is still largely a game of assumptions. I see more and more articles discussing the …

supplemental income even if it means that more of your Social Security benefits are taxed. Taxable … into reality? Below are a few actionable steps to build a retirement plan. Social Security: Benefits …

, you’re still paying into the system. Social security taxes are 6.2% of income, up to a maximum … grow tax-free, and qualified withdrawals are also not taxed. It’s Not All Good News Social security benefits …

your family. This service can monitor multiple Social Security numbers and emails, making it ideal for … , and TransUnion. This action is particularly crucial for protecting children’s Social Security numbers …

available, such as: Social Security numbers and birth dates Copies of last year’s tax return (helpful, but … . Form SSA-1099: If you receive funds from Social Security, you will receive this form. Form 1098 …

site FTC's OnGuardOnLine Web site Firstgov Social Security Administration (SSA) Page Last Reviewed or Updated: 24-Oct-2014 … when someone uses your personal information such as your name, Social Security number or other …

government payments, such as Social Security. Earlier in the week, SEC Chairman Gary Gensler told …

penalty to the borrower for all federally owned student loans. No garnishment of wages, Social … Security, and tax refunds for student loan debt collection. Pausing your federal student loan payments will …

. America’s social security promises will be honored and perhaps made more generous. And, yes …

retirement timeline that included future financial changes (social security, Medicare, moving, and …

social security contribution (Self-employment Contribution Act (SECA) deduction. A Limited Liability …

, death certificates; original Social Security cards; passports; articles of incorporation for …

and dissatisfaction. 13:57 Explanation of three basic needs at work: financial security, social connections …