Social Security Checks Will Keep Coming: Don’t Get Scammed on Your Phone
Forbes explains the scams https://www.forbes.com/sites/christopherelliott/2019/11/24/new-social-security-phone-scams/#15da62217552 Here are the worst Social Security phone scams, some of which are new: “Your Social Security number has been suspended.” The scam: A caller from the Social Security Administration says your Social Security number has been suspended, usually due to “fraudulent,” “suspicious” or “criminal” activity, and you must call…
READ MORE » »Your Social Security Checks will Keep Coming: Don’t Get Scammed
Forbes explains the scams https://www.forbes.com/sites/christopherelliott/2019/11/24/new-social-security-phone-scams/#15da62217552 Here are the worst Social Security phone scams, some of which are new: “Your Social Security number has been suspended.” The scam: A caller from the Social Security Administration says your Social Security number has been suspended, usually due to “fraudulent,” “suspicious” or “criminal” activity, and you must call…
READ MORE » »Get the Treatment You Deserve-The Jimmo Settlement
Many people are told they cannot continue with therapy, or medical treatments, or home care visits, or more days in a skilled nursing facility because their condition is not improving. THIS IS FALSE, a common myth believed in by medical providers, doctors, nurses, therapists and the people who run nursing facilities or assisted living units….
READ MORE » »What You Don’t Know about Social Security Can Cost You Big Bucks
If you are 65 or older, most of your income is from Social Security, 52% for the average American. It’s a unique pension: it will last as long as you do, even if you live to be 120 years old. It will keep pace with inflation, the benefit rising each year to match the annual…
READ MORE » »Aging Gets a Bad Rap: Groups Seek Better Public Image
(This story appeared on NextAvenue.org on March 21) Part of the Transforming Life as We Age Special Report It’s a scary and depressing image of aging: If you are sick or poor and over 65, it’s your own fault because you didn’t do the right things when you were younger. This is a commonly…
READ MORE » »Are you 70 and ready for IRA withdrawals? Take the money this year to avoid a tax trap
You have been fortunate enough to pile up savings in your Individual Retirement Account for all those years at work, and it’s grown to a tidy sum. At age 70 1/2 , you need to start making withdrawals. Some good advice to avoid tax traps. Remember that you have to make a withdrawal or face…
READ MORE » »Social Security’s Best Strategy for Couples: Max Your Benefits
Social Security is a lot more challenging for married couples than a simple statement to your spouse, “I’m 62 this year and I can get Social Security. Seems like a good idea. I’m tired of working.”
Instead, you need careful planning. The longer you wait, and the better you calculate, and take full advantage of the complex rules, the better you can do for yourself and your spouse. The happy result can be hundreds of thousands of dollars more in your lifetime, especially if you are healthy enough to live into your 90s. Take a 65 year-old married couple. There is a 40% chance that one of them will celebrate a 90th birthday.
READ MORE » »7 Tips to Help You Pick the Best Medicare Advantage Plan
This is open enrollment season, running from October 15 to December 7, when you have a chance to choose a Medicare Advantage Plan, the type of coverage selected by about 28% of the 50 million people enrolled in Medicare. During open enrollment, you can transfer from Original Medicare to a Medicare Advantage plan, or you…
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