Social Security, Savings Account

Social Security Was Never Your Personal Savings Account For Retirement
Many people still misunderstand how the system works and why there isn't enough money to keep it strong for the immediate future.
Why reading your latest Social Security statement is a must before claiming benefits
If there's one thing I'd encourage people to do before claiming benefits, it would be to read your latest Social Security statement.
What changes must you make to your bank account to receive Social Security payments?
Navigating the Social Security Administration's system to ensure uninterrupted benefits is crucial for over 71 million beneficiaries. Learn how to seamlessly update your banking details to keep your payments flowing smoothly.
Social Security: Your person account is for every stage in your life
Your personal my Social Security account is here for you at every stage of your life. You don’t have to be retired or even close to retirement to take advantage
Retirees in These 9 States May Lose Some of Their Social Security Benefits at Tax Time
Retirement account withdrawals and earnings from a job may not be the only taxable income you have, either. The federal government taxes seniors' Social Security benefits if their income exceeds certain thresholds. If you live in one of the following nine states, you could owe some state Social Security benefit taxes as well.
Claim Social Security Vs Tap Savings: Which Should You Do First?
Key Points It can be advantageous to delay Social Security for larger payments for life. You don’t want to deplete your savings too quickly, either. Your decision should hinge on your total savings balance,
Social Security in 1995 vs. today: has retirement improved?
Reflecting on the evolution of Social Security from 1995 to today reveals both progress and persistent challenges. While benefits have increased, the gap between Social Security income and median wages remains significant,
SSA-1099 Form: How to get your Social Security benefit statement if you didn't receive it?
As tax season approaches, ensuring you have all necessary documents is essential for accurate filing. If you receive Social ...
Is my tax and Social Security data safe from DOGE? Safeguard these sensitive records.
Even if none of your data gets mislaid, copied or hacked, it's a good idea to store copies of some key federal records for ...
Seven Ways to Reduce Taxes on Social Security Benefits in 2025
Ways to avoid paying taxes on Social Security benefits. Before we dive into some ways to potentially reduce your tax burden, ...
Not what it seems: Clarifying the DOGE allegations about Social Security
Despite all the rumors to the contrary, Social Security benefit checks are NOT being sent to people who died a long time ago.
The IRS Could Take a Cut of Your Social Security Benefits if Your Income Exceeds Certain Thresholds
You can also request that the IRS withhold money for taxes from your Social Security checks up front. This would save you the ...
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Elon Musk, DOGE could access your personal info. Will this impact tax refunds and Social Security?
The courts may block efforts by Elon Musk and DOGE to access Treasury's payment system. A huge trove of private data is at ...
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Social Security risk: Signs someone might be stealing it
Here are some signs that your Social Security number may have been compromised, along with tips to keep it secure.