Social Security

Is social security disability taxable? It’s a question that a lot of people have asked. While the answer can be a bit complicated, in most instances Social Security benefits of any kind are subject to being taxed. Most Americans who receive Social Security benefits pay income tax on up to half (or even 85%) of that […]

Knowing what age to take your Social Security benefits can be difficult. The earliest you can start collecting Social Security is when you turn 62, but you can choose instead to collect at a later date for a higher monthly benefit for the rest of your life. Let’s say your monthly benefit will be $1,500 […]

Getting to retirement is a major accomplishment. Being able to stay retired is also an impressive feat. According to a Labor Force Transitions report published by the U.S. Federal Reserve Board, one-third of American retirees return to work on a full- or part-time basis. The majority do so simply because they need more money. Whether […]