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3.2% Social Security COLA Predicted for 2024
In 2023, Social Security benefits got an 8.7% COLA, the largest cost-of-living adjustment since 1981. However, a 3.2% COLA is predicted for 2024, with the news out tomorrow.
By Erin Bendig Last updated
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Social Security Overpays Billions - Now It Wants the Money Back
The Social Security Administration is trying to recoup more than $20 billion in overpayments but Congress is pushing back.
By Joey Solitro Published
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Nervously Nearing Retirement? Four Do’s, Four Don’ts and One Never
With so many critical decisions to make and lots of opinions to consider, here are some common-sense tips to keep you on track.
By Thomas Diorio Published
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When Is the Right Time to File for Social Security?
Some say you should claim your benefits ASAP, while others say wait until 70. The bottom line: What works for someone else might not work for you. Here are some considerations.
By Ken Moraif, MBA, CFP®, CRPC® Published
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Four Tips to Help You Conquer the Retirement Mountain
Getting to retirement is only half the goal. That’s why having a cash cushion, minimizing taxes and more are so important to having a successful retirement.
By Michael Aloi, CFP® Published
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What Every Woman Needs to Know About Social Security
Given women’s longer lives and lower earnings, it’s more important than ever to understand how the complex rules of Social Security benefits apply to you.
By Erin Wood, CFP®, CRPC®, FBSⓇ Published
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Happy Birthday, Social Security: Celebrate by Avoiding These Three Mistakes
As Social Security commemorates its 88th year, here are a few things to keep in mind when you start thinking about claiming benefits.
By Vincent Birardi, CFP®, AIF®, MBA Published
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Three Reasons to Claim Social Security as Soon as You Retire: Why Wait?
Let’s consider a couple of scenarios where it might make more sense to opt into your Social Security benefits sooner rather than later.
By Joseph Ivan Fishman Jr. Published
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Financial Planning in Retirement: Seeing All the Angles
In addition to investments, your financial adviser should be talking to you about insurance, Medicare, Social Security, long-term care, estate planning and tax planning.
By David C. Treece, Investment Adviser Representative Published