Podcasts about social security benefits

Leslie Hammock was born in Perry, Georgia, graduated from Stratford Academy, and later graduated from Mercer University in Macon, Georgia. He began his career with Mass Mutual. After a number of successful years, Leslie founded his own firm. Leslie has extensive personal and professional experience with an emphasis on Retirement and Estate planning strategies for professionals, business owners, and individuals working in both private and government sectors.Leslie has been the recipient of the National Quality Award. He is also a long-time member of the International Association of Registered Financial Consultants (RFC), a member of the National Ethics Association, and an Independent Fiduciary Investment Advisor.Leslie is an approved adult financial education instructor and holds classes at numerous local colleges on the subjects of Investment Planning, Retirement Planning, Social Security Maximization, Estate Planning, and many other topics.Leslie is dedicated to developing lasting relationships with all his clients in their wealth accumulation and preservation objectives. He takes pride in his ability to provide clear, easily understood strategies using various financial products, services, and cutting-edge analytical technology.Learn more: http://www.retirebydesign.com/Disclosure:Securities and investment advisory services offered through Integrity Alliance, LLC, Member SIPC. Integrity Wealth is a marketing name for Integrity Alliance, LLC. Retire By Design is not affiliated with Integrity Wealth.IUL Disclosure:Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated.SSA & SSA Max Disclosures:Not associated with or endorsed by the Social Security Administration, Medicare or any other government agency. Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-leslie-hammock-founder-of-retire-by-design-discussing-sequence-of-return

Leslie Hammock was born in Perry, Georgia, graduated from Stratford Academy, and later graduated from Mercer University in Macon, Georgia. He began his career with Mass Mutual. After a number of successful years, Leslie founded his own firm. Leslie has extensive personal and professional experience with an emphasis on Retirement and Estate planning strategies for professionals, business owners, and individuals working in both private and government sectors.Leslie has been the recipient of the National Quality Award. He is also a long-time member of the International Association of Registered Financial Consultants (RFC), a member of the National Ethics Association, and an Independent Fiduciary Investment Advisor.Leslie is an approved adult financial education instructor and holds classes at numerous local colleges on the subjects of Investment Planning, Retirement Planning, Social Security Maximization, Estate Planning, and many other topics.Leslie is dedicated to developing lasting relationships with all his clients in their wealth accumulation and preservation objectives. He takes pride in his ability to provide clear, easily understood strategies using various financial products, services, and cutting-edge analytical technology.Learn more: http://www.retirebydesign.com/Disclosure:Securities and investment advisory services offered through Integrity Alliance, LLC, Member SIPC. Integrity Wealth is a marketing name for Integrity Alliance, LLC. Retire By Design is not affiliated with Integrity Wealth.IUL Disclosure:Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated.SSA & SSA Max Disclosures:Not associated with or endorsed by the Social Security Administration, Medicare or any other government agency. Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-leslie-hammock-founder-of-retire-by-design-discussing-how-life-insurance-fits-into-retirement

Leslie Hammock was born in Perry, Georgia, graduated from Stratford Academy, and later graduated from Mercer University in Macon, Georgia. He began his career with Mass Mutual. After a number of successful years, Leslie founded his own firm. Leslie has extensive personal and professional experience with an emphasis on Retirement and Estate planning strategies for professionals, business owners, and individuals working in both private and government sectors.Leslie has been the recipient of the National Quality Award. He is also a long-time member of the International Association of Registered Financial Consultants (RFC), a member of the National Ethics Association, and an Independent Fiduciary Investment Advisor.Leslie is an approved adult financial education instructor and holds classes at numerous local colleges on the subjects of Investment Planning, Retirement Planning, Social Security Maximization, Estate Planning, and many other topics.Leslie is dedicated to developing lasting relationships with all his clients in their wealth accumulation and preservation objectives. He takes pride in his ability to provide clear, easily understood strategies using various financial products, services, and cutting-edge analytical technology.Learn more: http://www.retirebydesign.com/Disclosure:Securities and investment advisory services offered through Integrity Alliance, LLC, Member SIPC. Integrity Wealth is a marketing name for Integrity Alliance, LLC. Retire By Design is not affiliated with Integrity Wealth.IUL Disclosure:Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated.SSA & SSA Max Disclosures:Not associated with or endorsed by the Social Security Administration, Medicare or any other government agency. Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-leslie-hammock-founder-of-retire-by-design-discussing-how-life-insurance-fits-into-retirement

Leslie Hammock was born in Perry, Georgia, graduated from Stratford Academy, and later graduated from Mercer University in Macon, Georgia. He began his career with Mass Mutual. After a number of successful years, Leslie founded his own firm. Leslie has extensive personal and professional experience with an emphasis on Retirement and Estate planning strategies for professionals, business owners, and individuals working in both private and government sectors.Leslie has been the recipient of the National Quality Award. He is also a long-time member of the International Association of Registered Financial Consultants (RFC), a member of the National Ethics Association, and an Independent Fiduciary Investment Advisor.Leslie is an approved adult financial education instructor and holds classes at numerous local colleges on the subjects of Investment Planning, Retirement Planning, Social Security Maximization, Estate Planning, and many other topics.Leslie is dedicated to developing lasting relationships with all his clients in their wealth accumulation and preservation objectives. He takes pride in his ability to provide clear, easily understood strategies using various financial products, services, and cutting-edge analytical technology.Learn more: http://www.retirebydesign.com/Disclosure:Securities and investment advisory services offered through Integrity Alliance, LLC, Member SIPC. Integrity Wealth is a marketing name for Integrity Alliance, LLC. Retire By Design is not affiliated with Integrity Wealth.IUL Disclosure:Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated.SSA & SSA Max Disclosures:Not associated with or endorsed by the Social Security Administration, Medicare or any other government agency.Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-leslie-hammock-founder-of-retire-by-design-discussing-the-5-risks-of-retirement

Leslie Hammock was born in Perry, Georgia, graduated from Stratford Academy, and later graduated from Mercer University in Macon, Georgia. He began his career with Mass Mutual. After a number of successful years, Leslie founded his own firm. Leslie has extensive personal and professional experience with an emphasis on Retirement and Estate planning strategies for professionals, business owners, and individuals working in both private and government sectors.Leslie has been the recipient of the National Quality Award. He is also a long-time member of the International Association of Registered Financial Consultants (RFC), a member of the National Ethics Association, and an Independent Fiduciary Investment Advisor.Leslie is an approved adult financial education instructor and holds classes at numerous local colleges on the subjects of Investment Planning, Retirement Planning, Social Security Maximization, Estate Planning, and many other topics.Leslie is dedicated to developing lasting relationships with all his clients in their wealth accumulation and preservation objectives. He takes pride in his ability to provide clear, easily understood strategies using various financial products, services, and cutting-edge analytical technology.Learn more: http://www.retirebydesign.com/Disclosure:Securities and investment advisory services offered through Integrity Alliance, LLC, Member SIPC. Integrity Wealth is a marketing name for Integrity Alliance, LLC. Retire By Design is not affiliated with Integrity Wealth.IUL Disclosure:Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated.SSA & SSA Max Disclosures:Not associated with or endorsed by the Social Security Administration, Medicare or any other government agency.Maximizing your Social Security Benefits assumes foreknowledge of your date of death. If as an example you wait to claim a higher monthly benefit amount but predecease your average life expectancy, it would have been better to claim your benefits at an earlier age with reduced benefits.Influential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-leslie-hammock-founder-of-retire-by-design-discussing-the-5-risks-of-retirement

Karen Conti, Chicago trial attorney, joins Bob Sirott to talk about why multiple medical groups brought a lawsuit against Robert F. Kennedy Jr. and if those groups have the authority to change the COVID-19 vaccine recommendations. She also shares details concerning Jeffrey Epstein’s case and what to know about President Trump’s bill that could eliminate […]

This week, I'm addressing a listener's question: Should you collect Social Security at age 62 and invest the money, or wait until your full retirement age, or even age 70, for a bigger benefit? I break down the math and the risks, weighing the advantages of guaranteed annual increases and cost-of-living adjustments against the potential (and pitfalls) of stock market returns.  I also explain key rules, such as the earnings limit for early filers, tax implications, and who might benefit from collecting early. Whether you're eager to take Social Security as soon as you can or are considering holding out for a larger payment, listen in for the practical insights you need to make a smart decision for your financial future. You will want to hear this episode if you are interested in... [03:27] Earnings limits on collecting your Social Security benefits. [05:29] Where to invest to potentially achieve more than 6% return. [07:37] Consider delaying Social Security benefits, but weigh the risk of investing against guaranteed returns. [12:39] Collect Social Security early to invest if you don't need it for living expenses and want to leave a larger inheritance. [13:42] Wait to collect Social Security until full retirement age or 70, especially if dependent on it for income or if you're the higher-earning spouse, to maximize benefits. Social Security's Built-In Return for Waiting First, it's essential to understand how Social Security rewards patience for those born in 1960 or later; claiming at 62 results in a significant reduction, down to just 70% of your full retirement benefit. Each year you wait between 62 and your full retirement age (67 for most), your benefit grows by about 6% per year. From 67 to 70, that growth jumps to 8% per year. This increase is essentially a “risk-free” return, as it's guaranteed by the government, not subject to market swings.  The Pitfalls of Early Claiming and Investing It's not uncommon to hear the argument that you could claim benefits early, invest the money (usually in the stock market), and potentially earn more over time. But this approach is riskier than you might realize. Market Volatility: Historically, a diversified stock market fund (like a total market index fund) has surpassed 6% annual returns over long periods, but not always. Roughly 10% of five-year periods since 1926 have lost money. That means there's a real chance you'll underperform Social Security's consistent increase, or even lose principal. Taxes: Investment returns, especially dividends, are taxable, which further erodes your effective return. Social Security also may become partially taxable depending on your income, especially if you claim while still working. Earnings Limits: If you're working between 62 and your full retirement age, you face earnings limits. For example, in 2023, you can only earn $23,400 before your benefit is reduced, making early claiming unattractive for those who don't plan to retire immediately. The Power of Cost-of-Living Adjustments (COLAs) Over the last ten years, annual cost-of-living adjustments (COLAs) have averaged 2.6% per year. COLAs are applied to your current benefit, so the longer you wait and the higher your starting base, the more you benefit from these increases. Over the decades, this compounding effect can create a significant gap in monthly income between early and later claimers. That means, to truly keep up with waiting, you'd need not just to match the 6-8% annual increases but also beat COLAs, meaning your investments would need to return nearly 9% per year, consistently, and after taxes. Who Might Consider Claiming Early? While waiting typically yields the best results for most retirees, there are exceptions. Early claiming might make sense if: You have significant wealth and don't need Social Security to live (your goal is to leave a bequest for heirs). You have health issues and a below-average life expectancy. You're single and want to maximize your estate since Social Security benefits don't pass to non-spouses. However, for the majority, especially married people or those relying on Social Security as a main income source, waiting yields more lifetime income and a more robust safety net for both spouses. Timing your Social Security claim isn't about grabbing the first check you can; it's about weighing guaranteed growth against market risk, tax implications, earnings limits, and your own longevity and needs.  Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  State Street's Total Stock Market Index Fund Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan

Dr. Preston Cherry explains why many Gen Xers are caught off guard when they find out—yes, your Social Security can be taxed. Up to 85% of your benefits could be taxable if your income crosses certain thresholds—thresholds that haven't kept up with inflation. If you've saved diligently or have extra income from side gigs or investments, you could be looking at a smaller Social Security check than expected. The surprise? It's all perfectly legal—and avoidable with the right planning.Takeaways:• Taxed Social Security• IRMAA surprise fees• RMDs raise taxes• Two-year income lag• Plan withdrawals smart00:00 Intro01:00 Social Security Isn't Tax-Free02:26 IRMAA and RMDs04:43 What to Do Instead05:56 Final ThoughtsWant to learn more? Connect with us below!Stay informed and inspired! Join our FREE wealth & well-being newsletterDo you want confidence & clarity? Check out our award-winning wealth advice servicesGrab Your Copy of Dr. Cherry's book ‘Wealth In The Key of Life'Disclosure: episodes are educational only, not advice. Review our disclosures here: https://www.concurrentfp.com/disclosures/

Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about new home sales falling in May, if this means there are buying opportunities, and the latest on Social Security and if you should take benefits earlier. Terry also answers all of your financial questions.

Judi is president of the Orange County Asperger's Support Group, a nonprofit organization improving the quality of life for individuals and families dealing with high-functioning autism. She is a member of several organizations, all working to support the neurodiverse community. In 2022, Judi founded the Autism in Entertainment Workgroup to help support inclusion in the entertainment industry. She is the mother of a 33-year-old son who was diagnosed with Autism at the age of three. 

For many retirees, Social Security is a cornerstone of their income strategy. That makes sense - it helps establish how much support a retirement portfolio will need to provide, and when.But understanding how to get the most out of your benefits is more than just choosing an age to start collecting. There are spousal and survivor benefits to factor in, family benefits, disability considerations, and even the possibility of taxes on what you receive.Want to learn 5 surprising facts about Social Security that could affect your plan? Podcast host Johnny Dean and Rick “The Professor” Plum, CFP® tell you what you need to know on this week's episode of Managing Your Financial Future!

Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about a new report that shows the Social Security retirement trust fund may be depleted in less than a decade, what needs to be done to fix Social Security, and her thoughts on Fed Chair Powell’s interest rate decision. And as always, Terry answers all […]

Are you nearing retirement age and in good health? Still employed with the ability to keep working? These are just a few questions that can make the decision of when to claim Social Security complicated. Depending on these factors and more, you have the option to claim Social Security at the early retirement age of 62, full retirement age of 67 or the delayed retirement age of 70. What may be best for you and your spouse? Brian Granato and Doug DeGroot discuss these options and the pros and cons of each in this part of the preparing for retirement series. With You Every Step of the WayWith over seven decades of collective experience, Providence Wealth Advisors has the expertise necessary to understand your financial goals and identify the best strategy to achieve them.Thank you for listening. Connect with Providence Wealth Advisors on Facebook, or LinkedIn.

You Social Security Benefits. What Now? by B.O.S.S. Retirement Solutions

One question we hear often is “Will my SS be taxed?” When you retire and begin taking your SS benefits, will the government want to tax that?  After all, haven't you already paid taxes on this money? Add to that—there's been some talk about NOT taxing SS benefits at all!  How might that impact your retirement? And is it as good as it sounds?

In this episode of the Ask Gregory Podcast, Gregory answers a listener's question about working past retirement age and how that affects Social Security benefits. Later in the episode, Wealth Advisor Brandon Blanchard and Gregory discuss how a team-based advisory approach may benefit clients long-term. They also break down Qualified Charitable Distributions (QCDs), required minimum distributions (RMDs), and the power of reaching that first $100,000 in your 401(k).If you're considering retirement, thinking about charitable giving, or evaluating what you need from a financial advisor or firm, this episode may be able to help you make informed decisions.For further reading, check out our blog article “Qualities to Look for When Choosing a Financial Advisor.”For more episodes like this head over to www.gregoryricks.com/podcastFor the latest in financial news, why don't you tune into "Winning at Life with Gregory Ricks" LIVE on Saturday Mornings from 10 am - 1 pm on: New Orleans - WRNO-News Talk 99.5 FM Biloxi- WBUV - News Talk 104.9 FM OR watch on YouTube LIVE on our YouTube page Winning at Life with Gregory Ricks!If you have any questions or are looking for some financial advice?CLICK HERE to Book a Consultation The free consultation provides an overview of products and services offered by Gregory Ricks & Associates. Investment advisory services made available through AE Wealth Management, LLC, a Registered Investment Adviser, and there is no obligation.

Social Security spousal benefits allow for the lower earning spouse to potentially get an increase in benefits based on their spouse's work history. This holds true for certain DIVORCED spouses. In this show we talk about the rules and calculations around claiming Social Security benefits based on your ex-spouse.

The Trump administration has called for sweeping changes to government agencies and fueled claims of fraud in the Social Security administration — all of which has shaken faith in the decades-old institution. Wall Street Journal reporter Anne Tergesen joins host Julia Carpenter to discuss why some seniors are claiming their benefits earlier than expected.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Free Copy of My Book: Building Wealth In the TSP: Your Road Map To Financial Freedom as A Federal Employee: https://app.hawsfederaladvisors.com/free-tsp-e-book FREE WEBINAR: "The 7 Biggest FERS Retirement Mistakes": https://app.hawsfederaladvisors.com/7biggestmistakeswebinar Want to schedule a consultation? Click here: https://hawsfederaladvisors.com/work-with-us/ Submit a question here: https://app.hawsfederaladvisors.com/question-submission I am a practicing financial planner, but I'm not your financial planner. Please consult with your own tax, legal and financial advisors for personalized advice.

Jim and Chris discuss listener questions relating to Social Security spousal benefits, IRMAA relief, suspending Social Security for tax planning, and QCD timing with RMDs. (3:00) A listener enquires whether her 85-year-old mother, who recently remarried, must remain on her ex-spouse's record for one year before switching to spousal benefits on her new husband's record.(12:15) […] The post Social Security Benefits, IRMAA, and QCD Timing: Q&A #2517 appeared first on The Retirement and IRA Show.

Amy Arnott, Morningstar Inc. portfolio strategist, discusses why her team's starting safe withdrawal rate is more conservative than the popular 4% rule. Plus, a new metric to help determine financial priorities during retirement.How ‘The State of Retirement Income' Report Helps Investors Know Their Safe Withdrawal RateConservative Estimate for Starting Safe Withdrawal RateWhy Has the Starting Safe Withdrawal Rate Gone Down? Flexible or Dynamic Strategies to Increase the Starting Safe Withdrawal Rate What Is the Spending-Ending Ratio? Retirement Spending Strategies That Leave Legacy Funds Strategies to Help Retirees Spend All Their Retirement Savings Should You Delay Social Security? What Type of Retiree Should Considering an Annuity?Pros and Cons of Deferred Annuities What's Next for 'The State of Retirement Income' Report? Read about topics from this episode.  Six Retirement Withdrawal Strategies That Stretch SavingsThe Best Ways to Maximize Your Retirement Income in 2025Navigating the Future of Retirement Income: Trends, Strategies, and InsightsMorningstar's Retirement Income Research: Reevaluating the 4% Withdrawal RuleWhat's a Safe Retirement Spending Rate for 2025?Maybe You Shouldn't Delay Taking Your Social Security Benefits After AllHow to Retire: Tips for Entering RetirementTIPS Funds Gain on Fears of Inflation and Economic DownturnHow to Use Our Retirement Income Research  What to watch from Morningstar. Worried About a Market Sell-Off? These 10 Funds Reduce Portfolio RiskGray Divorce: How to Avoid Triggering a Costly Tax BillWhy the Bond Market Looks Brighter Than It Did in 2022Where to Find Bargain Stocks in an Expensive Market Read what our team is writing:Amy ArnottIvanna Hampton Follow us on social media.Facebook: https://www.facebook.com/MorningstarInc/X: https://x.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

Nationally syndicated financial columnist and author Terry Savage joins Lisa Dent to discuss the latest information on Social Security benefits. Savage shares the latest on who needs to apply in person, online, or not at all. Then, as always, she answers questions from listeners.

Criticism of Democrats: Democrats for opposing Donald Trump and his policies, particularly regarding border security and immigration. We highlights a specific instance where Democrats, led by Senator Chris Van Hollen, are demanding the return of deported MS-13 gang members. Immigration and Deportation: The commentary discusses the deportation of an MS-13 gang member to El Salvador and the legal battles surrounding his return. It includes a detailed exchange between Pam Bondi, the President of the United States, and the President of El Salvador, emphasizing the legal and security reasons for not returning the deported individual. Economic Policies and Achievements: Trump's tariffs and their impact on American manufacturing, particularly highlighting Nvidia's investment in AI chip and supercomputer production in Texas. It mentions the creation of hundreds of thousands of jobs and the strengthening of national security through these economic policies. Deep State and Bureaucratic Resistance: The commentary accuses government bureaucrats of trying to undermine Trump's administration, particularly in canceling Social Security benefits for illegal aliens. It describes instances of bureaucratic resistance and the actions taken by Trump's administration to overcome these challenges. Social Security and Immigration Enforcement: The collaboration between the IRS and ICE to locate, detain, and deport illegal aliens using their financial history. It highlights the discovery of millions of illegal aliens on Social Security and Medicaid rolls, and the efforts to cancel their benefits. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. Thanks for Listening #seanhannity #hannity #marklevin #levin #charliekirk #megynkelly #tucker #tuckercarlson #glennbeck #benshapiro #shapiro #trump #sexton #bucksexton#rushlimbaugh #limbaugh #whitehouse #senate #congress #thehouse #democrats#republicans #conservative #senator #congressman #congressmen #congresswoman #capitol #president #vicepresident #POTUS #presidentoftheunitedstatesofamerica#SCOTUS #Supremecourt #DonaldTrump #PresidentDonaldTrump #DT #TedCruz #Benferguson #Verdict #maga #presidenttrump #47 #the47morningupdate #donaldtrump #trump #news #trumpnews #Benferguson #breaking #breakingnews #morningupdateYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Democratic Leaders in the Senate plan to unveil legislation that would provide an emergency $200 monthly increase in Social Security benefits through the end of the year, Axios has learned. Economists have warned that the levies are likely to drive inflation and — unlike in 2022 — that wages may struggle to keep up. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode of Great Points, Matt takes a look at the numbers behind Social Security benefits.  While it's a common talking point in different forms of media, is it really possible that Social Security could go away anytime soon?

The Department of Government Efficiency (DOGE) has gone from cutting government spending to shrinking the size of government overall. Now, the agency's head, Elon Musk, is detailing what DOGE has uncovered in fraud, overspending, and gaps in the system.

Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Wendy Snyder to talk about cuts to the Social Security office and what that could mean for your benefits, and President Trump reportedly softening his tariff stance. Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Wendy about Chicago insurance tech startup Kin seeking opportunities in […]

Jim and Chris discuss listener questions relating to Social Security strategies, spousal benefits, Roth conversions, and annuities. (8:15) George asks whether a widow who was widowed before age 60 has two Social Security claiming strategies available based on the FRA benefit of each spouse.(20:30) The guys address a question about how spousal benefits are calculated […] The post Social Security Benefits, Roth Conversions, and Annuities: Q&A #2512 appeared first on The Retirement and IRA Show.

Most retirees don't realize just how valuable Social Security can be—or how much strategy goes into maximizing those benefits.In this episode, we break down a real-life case study of a couple I work with, let's call them James and Elizabeth. Thanks to a smart claiming strategy, they're projected to collect over $2.4 million in lifetime Social Security benefits. We'll walk through:✔️ Why the higher-earning spouse should consider delaying benefits✔️ How spousal and survivor benefits can significantly boost lifetime income✔️ The impact of cost-of-living adjustments (COLAs) on long-term benefits✔️ How to check your Social Security statement and calculate your own benefitsAre you making the most of your Social Security? Learn how to run your own numbers and avoid leaving money on the table.Episode ResourcesSocial Security AdministrationDon't Miss Out: Smart Retirement Savers Read Atomic IdeasWant weekly tips to make smarter financial decisions? Subscribe to Atomic Ideas, a free newsletter packed with timely market insights, helpful visuals, and proven retirement strategies.Get Atomic IdeasReady to Create Your Atomic Retirement?Take the next step! Schedule your FREE 20-minute Atomic Retirement Roadmap appointment today. What's included? Tax Return ReviewInvestment Check-UpRetirement Income AnalysisGet Your Free Atomic Retirement RoadmapShare Your ThoughtsEnjoyed this episode? Please leave a review and share it with someone who's planning for retirement!

This time on Code WACK!  What would cutting off or limiting Social Security benefits – or privatizing Social Security – mean for the roughly 68 million retirees who rely on such benefits? And what could that mean for those who receive disability benefits?  To break it down, we spoke with Alex Lawson, executive director of Social Security Works, an organization fighting to protect and expand Social Security, Medicare, and Medicaid; lower drug prices; and ensure health care as a human right. This is part two of a two-part series. Check out the Transcript and Show Notes for more!

While Jim is attending a conference, Chris is joined by Jake to discuss listener questions relating to Social Security benefits, RMD taxes, IRMAA, and taxability considerations for claiming Social Security. (5:00) Georgette asks whether her survivor benefit will be reduced since her husband passed away at age 71. (13:30) The guys address whether claiming early […] The post Social Security Benefits, RMD Taxes, IRMAA, and Social Security Taxation: Q&A #2508 appeared first on The Retirement and IRA Show.

NO, 150-YEAR-OLDS ARE NOT COLLECTING SOCIAL SECURITY BENEFITS. And No, dead people are not collecting Social Security Benefits. There is no evidence of this fraud. None. Is there fraud somewhere? Maybe. But the reason the two presidents, Musk-Trump, think really, really old (or even dead) people are robbing Social Security is because of COBOL.   This is the definition of COBOL: COBOL an acronym for "common business-oriented language") is a compiled English-like computer programming language designed for business use. It is an imperative, procedural, and, since 2002, object-oriented language. COBOL is primarily used in business, finance, and administrative systems for companies and governments. Here is a link to the Wired article: This is a quote from "Wired." "Computer programmers quickly claimed that the 150 figure (that Musk and Trump are using) was not evidence of fraud but rather the result of a weird quirk of the Social Security Administration's benefits system, which was primarily written in COBOL, a 60-year-old programming language that undergirds SSA's databases as well as systems from many other US government agencies. COBOL is rarely used today, so Musk's cadre of young engineers may well be unfamiliar with it. Because COBOL does not have a date type, some implementations rely instead on a system whereby all dates are coded to a reference point. The most commonly used is May 20, 1875, as this was the date of an international standards-setting conference held in Paris, known as the Convention du Mètre."   Here is a link to the Wired article: https://www.wired.com/story/elon-musk-doge-social-security-150-year-old-benefits/ And a link to a Politifact Story: https://www.politifact.com/article/2025/feb/17/are-150-year-old-americans-receiving-social-securi/ Thank you for the Music Infraction.  Sport Rock Workout" is 100% no copyright royalty free rock sport track by Infraction! ----- Join our community: http://bit.ly/38egfRR  

In this episode of Passing Judgment, we delve into the Trump administration's controversial federal buyout plan aimed at reducing the workforce. Jessica is joined by expert guest Tami Luhby to unpack the deferred resignation offer's complexities, union opposition, and the vagueness surrounding its terms. We explore how these workforce reductions could impact government services and the ongoing legal battles related to this initiative. Here are three key takeaways you don't want to miss:Federal Buyout Plan: The Trump administration aimed to downsize the federal workforce, incorporating a controversial program called the deferred resignation offer. Approximately 2 million federal employees were offered this program, where 77,000 accepted the resignation offer. However, there was confusion and reported ineligibility among recipients.Legal Proceedings: A Boston judge twice paused the program, considering the unions' claims, but ultimately decided they lacked standing, supporting the administration's effort to proceed with the buyout program.Impact on Services: The reduction in workforce potentially affects various essential services such as Social Security and Veterans Affairs, leading to concerns about extended wait times and disrupted services for the public.Follow Our Host: @LevinsonJessica@Luhby

The complexity of Social Security calculations can cause some confusion around when someone eligible should file and claim their benefit. There are a lot of variables to consider and acronyms to decipher that can make Social Security feel like a confusing hedge maze. Let's cut through some of the noise and clarify some of the most pressing questions around Social Security benefits and what questions you need to consider to determine what's best for you and your family. Social Security has many layers, and the concept of eligibility can be pretty complex. It's not always clear when and how someone should begin taking their benefits because being eligible doesn't necessarily mean you should turn that benefit on. Social Security benefits can be turned on as early as age 62. Each year the benefit is delayed, you receive what is called a delayed retirement credit or DRC. These DRCs guarantee an automatic 8% increase in your Social Security benefit every year you delay up to age 70. There is also your full retirement age. This is the age when you are eligible to receive the full benefit without any offset for having earned income. Earned income being income from employment, which is different from income received from investments, pensions or annuities. For those born in 1960, or later, your FRA is age 67. Benefits are calculated by the Social Security Administration by taking 35 years of earnings that are indexed for inflation. Any years you didn't work are counted as a zero in your average earnings calculation. These annual amounts are then totaled and divided by four and 20 months to arrive at the monthly figure known as your average indexed monthly earning. This number is different from your benefit amount. The SSA then applies a formula to that number which determines your primary insurance amount or PIA and this is your monthly Social Security benefit. If you choose to take your benefit before your FRA while employed, there's an offset that can significantly reduce the benefit if your income exceeds $21,240 in 2023. This reduction is $1 for every $2 of earned income over the limit. In the year you reach your FRA, the limit increases to $56,520 in 2023, with a benefit reduction of $1 for every $3 of earned income over the limit. After you've reached your FRA there's no earning limits and you receive the full benefit with no income offsets. Provisional income comes into play after your benefits are activated. Your provisional income is calculated by taking your adjusted gross income plus half of your Social Security benefit. If that total is less than $25,000, your Social Security benefit is not subject to federal tax. If it is  above 25,000, but below 34,000, 50% of the benefit is taxed, and if it's above 34,000, 85% of the benefit is taxed. If you're a government employee, there's something called a Windfall Elimination Provision, or WEP. And there's also a Government Pension Offset, or GPO. There are three common conversations we have with clients when it comes to Social Security. The first thing is determining the breakeven point. One method for deciding when to take Social Security benefits involves calculating the breakeven point, this is the future point in time when the value of one option equals that of another. For example, if your FRA benefit is $2,000 a month, and $1,400 at age 62, there's a $600 a month difference. When compared to waiting the five years and taking the full amount, the breakeven point would be 11.6 years. Something else to keep in mind is that by taking a benefit early, you reduce the amount of spousal benefit made available since the benefit in and of itself has been reduced and this could be an important consideration. The second consideration relates to one's health and longevity. If you don't expect to live past that breakeven point, taking the benefit early might make more sense. From this perspective, it could be a win-win situation if they start receiving benefits early and they live longer than expected because the payments continue. We can't know our lifespan for certain, but if you're in poor health, taking benefits early might be a reasonable option. The third consideration involves a person's retirement income requirement. Many clients we work with see Social Security simply as a piece of the retirement income strategy, and aren't necessarily concerned with breakeven points as much as they are with maximizing their assets and the resources. Many clients opt to turn their Social Security benefits on instead of tapping into their assets in order to maintain growth. Using assets to generate income in retirement also comes with variables that are hard to predict, like the conditions of the stock market and economic policy. Social Security, in comparison, is stable and easy to predict. Figuring out your retirement income requires careful planning, which is why it's crucial to work with a professional that understands Social Security and its role in your retirement plan.     Mentioned in this episode: BrianSkrobonja.com Common Sense Financial Podcast on YouTube  Common Sense Financial Podcast on Spotify BrianSkrobonja.com/Resources - Free Resources To Help You Protect Your Financial Future Common Sense: YOUR Guide to Making Smart Choices with YOUR Money by Brian Skrobonja SSA.gov   References for this episode: SSA.gov/benefits/retirement/planner/agereduction.html SSA.gov/benefits/retirement/planner/delayret.html SSA.gov/benefits/retirement/planner/agereduction.html SSA.gov/benefits/retirement/planner/whileworking.html SSA.gov/benefits/retirement/planner/whileworking.html SSA.gov/benefits/retirement/planner/taxes.html   Securities offered only by duly registered individuals through Madison Avenue Securities, LLC. (MAS), Member FINRA & SIPC. Advisory services offered only by duly registered  individuals through Skrobonja Wealth Management (SWM), a registered investment advisor. Tax services offered only through Skrobonja Tax Consulting. MAS does not offer Build Banking or tax advice. Skrobonja Financial Group, LLC, Skrobonja Wealth Management, LLC, Skrobonja Insurance Services, LLC, Skrobonja Tax Consulting, and Build Banking are not affiliated with MAS. The firm is a registered investment adviser with the state of Missouri, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training. Advisory services are only offered to clients or prospective clients where Skrobonja Wealth Management, LLC and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be  rendered by Skrobonja Wealth Management, LLC unless a client service agreement is in  place. Skrobonja Financial Group, LLC provides links for your convenience to websites produced by other providers of industry related material. Accessing websites through links directs you  away from our website. Users who gain access to third party websites may be subject to the copyright and other restrictions on use imposed by those providers and assume responsibility and risk from use of those websites. Any references to protection, safety or  lifetime income, generally refer to fixed insurance products, never securities or investments. Insurance guarantees are backed by the financial strength and claims paying abilities of the  issuing carrier. This is intended for informational purposes only. It is not intended to be used as the sole  basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation. Our firm is not permitted to offer, and no  statement made on this site shall constitute tax or legal advice. Our firm is not affiliated with or endorsed by the U.S. Government or any governmental agency. The information and  opinions contained here in provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by our firm. Any media logos and/or trademarks contained herein are the property of their respective owners and no endorsement by those owners of Brian Skrobonja is stated or implied. The awards, accolades and appearances are not representative of any one client's experience and is not indicative of future performance. Each of these awards have set criteria for their nominations and eligibility requirements. “Best Wealth Managers” and “Future 50 Company” are annual surveys conducted by Small Business Monthly. The winner is chosen by an online vote of the general public and no specific criteria is utilized to determine the winner other than number of votes. Some voters may not be clients of Brian Skrobonja and Skrobonja Financial Group. These awards are not representative of any one client's experience and is not indicative of future performance.

Join us for a discussion about Social Security at a conceptual level and how it works overall, along with examples based on specific situations. We will focus on what you need to know about Social Security as part of a retirement income strategy.

Is the government taking away your Social Security benefits?

This week, Jackie Campbell delves into the intricacies of Social Security benefits, retirement planning, and the differences between 401(k) and IRA accounts. She emphasizes the importance of understanding when to claim Social Security, the potential changes to the system, and how to navigate the transition into retirement. Additionally, the discussion covers the significance of comprehensive financial planning, including tax efficiency and investment strategies, to ensure a secure retirement. For more information or to schedule a consultation call 352-251-1015 or visit www.mycampbellandco.com!See omnystudio.com/listener for privacy information.

In this episode of Coffee with Your Retirement Coach, President Biden's signing of the Social Security Fairness Act is analyzed for its potential benefits to retirees, especially public servants. Hosts Aaron, Randy, and Nic break down the repeal of the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), discussing who stands to benefit and how these changes might be implemented. The conversation also touches on various Social Security strategies, the importance of personalized financial planning, and how to navigate the complexities of the retirement system. Key points include timing of benefits, survivor benefits, and health considerations. 00:31 Overview of the Social Security Fairness Act 02:58 Impact on Public Servants and Financial Implications 06:23 Considerations for Social Security Retirement Benefits 08:36 Timing and Strategy for Social Security Benefits 20:11 Personal Stories and Importance of Planning 25:59 Key Takeaways and Final Thoughts Have a question for the coach? Send it in to connect@yourretirementcoach.com Connect with us on Facebook: https://www.facebook.com/search/top?q.... Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

This episode looks at whether you qualify or not for the $200 billion Social Security benefits approved by the U.S. Congress. Host David McKnight shares that, with the current status quo, the Social Security Trust Fund is on pace to go bust by 2033. If that were to happen, only about 83% of benefits would be paid out…  If signed into law by President Joe Biden, the Social Security Fairness Act would provide an additional $200 billion in Social Security benefits to nearly 2.8 million Americans over the next 10 years. The Social Security Fairness Act would eliminate two policies that have reduced benefits for public service employees: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The people most likely to be affected by the elimination of these two provisions are about 28% of state and local government employees who are covered by alternative retirement systems and permanent civilian federal employees hired prior to January 1, 1984. U.S. Senators Sherrod Brown (Ohio) and Susan Collins (Maine), co-sponsors of the Social Security Fairness Act, believe that the WEP and GPO have historically penalized people for choosing to serve their communities by dramatically reducing Social Security benefits.  While David believes that Americans should get their due when it comes to their Social Security benefits, he wonders whether this is something that America can really afford… According to the Nonpartisan Committee for a Responsible Federal Budget, the passage of the bill in question will accelerate the insolvency of the Social Security Trust Fund by six months. David sees the Social Security Fairness Act and its repercussions on Americans as “yet another unfunded obligation on the balance sheet of the Federal Government.”     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Congressional Budget Office President Joe Biden U.S. Congress U.S. Senate Senator Sherrod Brown (Ohio) Senator Susan Collins (Maine) CBS News Committee for a Responsible Federal Budget

Whether you're 25 or nearing retirement age, you'll learn something new about how to maximize social security and plan for the future in today's show. Wes introduces you to Mary Beth Franklin, one of the country's leading specialists on social security and Medicare and a popular guest on Wes's Retire Sooner podcast. In this conversation, Mary Beth answers questions such as, why do you think Social Security has become so confusing and difficult for so many people to make sense of as they get ready to retire? What are some actionable steps to take right now to prepare for or maximize their social security? And what you need to know when it comes to spouses and social security.

Jim and Chris discuss listener and forum questions relating to Social Security benefits, IRMAA, RMDs, annuities, and beneficiaries. Chris kicked off the episode with a bold dare, promising listeners the “best show of the year” since it's the last one for 2024. Jim took the challenge seriously, turning it into a record-breaking two-hour extravaganza with […] The post Social Security Benefits, IRMAA, RMDs, Annuities, and Beneficiaries: Q&A #2452 appeared first on The Retirement and IRA Show.

When should Richie and Heather and Rebecca and Sam collect their Social Security benefits? Why is Dan's benefit so much higher than his wife's? PWare has a Roth conversion case for claiming Social Security AFTER age 70, and Jerry wonders how Donald Trump's plan to stop taxing Social Security could impact claiming strategies. Plus, Joe rants about Rebecca and Sam's $1 million single premium deferred indexed annuity, and the fellas also spitball on their Roth conversion and retirement strategy and how much is too much when it comes to paying advisor fees. Access free financial resources and the episode transcript: https://bit.ly/ymyw-509   DOWNLOAD the Social Security Handbook CALCULATE your free Financial Blueprint online SCHEDULE your free Financial Assessment with an experienced professional Ask Joe & Big Al for your Retirement Spitball Analysis SUBSCRIBE: YMYW on YouTube DOWNLOAD: more free guides READ: financial blogs WATCH: educational videos SUBSCRIBE: YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 01:00 - When Should We Take Social Security? Should We Convert Our IRAs to Roth? (Richie & Heather, ID - voice) 09:04 - Download the Social Security Handbook 10:01 - What Should I Do With a $1M Single Premium Deferred Indexed Annuity? When Should We Take Social Security? Is 2% Advisor Fee Excessive? (Rebecca and Sam, VA) 28:03 - Calculate your Financial Blueprint online, Schedule an Assessment with a financial professional 29:25 - Why Is My Spouse's Social Security Benefit So Much Lower Than Mine? (Dan) 30:51 - The Roth Conversion Case for Drawing Social Security After Age 70 (P Ware, YouTube) 36:55 - Would Tax-Free Social Security Income Impact Claiming Strategies? (Jerry, Phoenix, AZ) 42:08 - Outro: Next Week on the YMYW Podcast

About 21,000 public employees in Minnesota may soon be eligible to receive Social Security benefits. On Saturday, the U.S. Senate passed the Social Security Fairness Act. If signed by President Joe Biden, the bill would allow police officers, letter carriers, firefighters and other public employees to receive a public pension and Social Security benefits.And NewRange Copper Nickel has wrapped up work on a $20 million salvage operation at its facility in northeastern Minnesota as the company continues to prepare for a possible mine.This is a MPR News morning update, hosted by Phil Picardi. Music by Gary Meister.Find these headlines and more at mprnews.org.Twenty years after first proposed, NewRange still vying to build Minnesota's first copper mineRead the latest edition of the Minnesota Today newsletter.Subscribe on Apple Podcasts, Spotify, YouTube or RSS.

Police say a teacher and a student were killed in a school shooting on Monday at Abundant Life Christian School in Madison, Wisconsin. Six others were injured. The alleged shooter, a 15-year-old girl, was also found dead.White House National Security Adviser John Kirby discusses on "CBS Mornings" the latest about the mysterious drones now reported in at least six states and what the federal government knows.Congress is expected this week to vote on billions of dollars of aid for communities damaged by hurricanes and floods earlier this year. The Small Business Administration warned in October that the fund for emergency federal loans was depleted and the Biden administration formally requested nearly $100 billion. However, both parties agreed to leave Washington ahead of Election Day without approving new money.Many Americans could soon see a change in their Social Security benefits. As early as Tuesday, the Senate could vote on a bipartisan bill that would repeal certain benefit reductions for millions of retirees and their spouses. CBS News business analyst Jill Schlesinger explains.Food safety advocates have pushed for decades to outlaw Red No. 3, an artificial dye linked to potential cancer risks. California will be the first state to restrict its use in foods starting in 2027. CBS News medical contributor Dr. Celine Gounder weighs in.The highly anticipated "Sonic the Hedgehog 3" hits theaters this Friday, introducing a fierce new enemy, Shadow. Six-time Emmy nominee Idris Elba reprises his role as Knuckles and shares how he got back up to speed for the action-packed sequel.The New York Times called comedian Nikki Glaser "comedian of the year" for her knockout HBO special, "Someday You'll Die." It received Emmy, Grammy and Golden Globe nominations. And now, Glaser is taking on a new project — hosting the Golden Globes. She joins "CBS Mornings."See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jim and Chris discuss listener questions relating to Social Security, Roth conversions, and RMDs. (11:00) George wonders if his wife is eligible for Social Security benefits while taking care of an adult disabled child even if he is still working and has not applied for SS yet. (19:00) Chris tackles an interesting Social Security survivor […] The post Social Security Benefits, Roth Conversions, and RMDs: QA #2446 appeared first on The Retirement and IRA Show.

The Social Security Administration just released a statement announcing five key changes that will be made to the Social Security program starting in 2025 regarding benefits, limits, and taxes. Join host Roman Balmakov on this week's episode of “Facts Matter.” Views expressed in this video are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.