Tag Archives | Social Security

Dan Zajac, philadelphia financial advisor

Why Your Social Security May Be Taxed More Than You Think

For many of those now receiving Social Security after decades in the workforce, it’s eye opening when they realize that Social Security may be taxable upon receipt. In fact, depending on how much other taxable income you have in retirement, anywhere from zero to 85% of your Social Security income may be taxable. Most articles […]

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Social security increases

The 2016 Social Security Cost of Living Adjustment Perspective and a Glimmer of Hope in 2017

It’s official. Social Security recipients will not receive a benefit increase in 2016. Another year with no Social Security cost of living adjustment. Ugh. For 34 straight years, the Social Security Administration increased benefit payments. That streak came to an end in 2010 when they announced there would be no benefit increase. Since then, it’s happened […]

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It's never a bad time to look at your retirement plan

10 Simple Simple Steps to Pre-Retirement Planning (for any age)

Spelling lists, multiplication tables, practicing your cursive (do kids today even use cursive writing)? Remember leaving school for the day and thinking “I can’t believe I have homework, homework is the worst!” All I wanted to do was go play kick the can with the neighborhood kids.  Not practice geometry. Pre-retirement planning is adult homework. […]

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7 Reasons to Love Social Security

7 Reasons to Love Social Security

I feel like Social Security has a bad rep… Depending on whom you listen to, it is quite possible that Social Security is going to run out of money soon, leaving every retiree without the income on which they have come to depend. Other, less dramatic voices are concerned the government is going to “cheapen” […]

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