One of the biggest issues of concern to retirees is how much tax is going to be taken out of their Social Security check. Of special interest to retirees is whether their Social Security benefits are taxable at the state level. In this post, we will list the 37 states that don’t tax Social Security
One of the most popular questions we get from Social Security applicants and new beneficiaries is whether Social Security income is taxable. The simplest answer is yes, Social Security is taxable at the federal level and even in some states. This usually comes as a surprise to many new Social Security beneficiaries. That is because, after
If you are currently receiving Social Security benefits but are behind on your debt payments, you may be worried about the garnishment of your benefits. In this post, we will answer the question – “Can Social Security Benefits Be Garnished?” and explain the types of debt you may have that can cause your Social Security
The Social Security Administration has announced next year’s cost-of-living adjustment (COLA). However, this year’s increase is a modest number compared with last year’s. In this post, we will review the 2020 Social Security COLA Increase and explain the other 5 major changes that are coming for Social Security that you should know about. This post
The maximum Social Security benefit an individual can receive depends on the age at which the person retires. In this post, we will explain in detail what the maximum monthly Social security benefit is, according to the age you retire. We will then provide the maximum benefit amounts for 2020. This Post about Social Security
Social Security disability insurance (SSDI Benefits) is a Social Security program that pays monthly benefits to you if you become disabled before you reach retirement age and are not able to work. In this post, we will walk you through what you need to know to successfully apply for SSDI benefits, including how much you
In this post, we will review the SSI income limits. We will explain in detail how much you can earn and still continue to receive Supplemental Security Income benefits. In addition, we will review the income limit for a child and for married couples. This post on SSI income limits will cover: What is Supplemental
One of the most often asked questions about social security is this – How are Social Security Benefits Calculated? In this post, we are going to answer the question in detail, and show you how you can calculate how much benefits you are likely to get if you retire early at age 62, or wait
Your full retirement age (FRA) is the age at which you are eligible to receive 100% of your Social Security retirement benefit. In this post, we will review the FRA and how you can determine your retirement age based on the year you were born. We will then review how much you will lose in
This post is about answering the most common Social Security Questions. If you would like to submit a question about Social Security, you can do so in the comments section below. Social Security Questions Answered Here are the common Social Security, Disability and SSI benefit questions we have received from our readers. If you have
