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Why Wait Until 70 to Take Social Security Benefits?
social security In a rush to file for Social Security benefits? Many people are, but slow down and do the math first — or you might regret it. Waiting until age 70 (if you can) comes with big built-in benefits.
By Scott Tucker, Investment Adviser Representative • Published
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Social Security Recipients, Veterans Must Act Now to Get Extra $500 Stimulus Check
Coronavirus and Your Money The deadline for seniors and veterans to request an additional $500 stimulus check for a dependent child is almost here. Here's how you can claim your payment.
By Rocky Mengle • Published
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Uncle Sam’s Bite of Social Security
Financial Planning Retirement surprise: As much as 85% of Social Security benefits are subject to tax when provisional income exceeds $34,000 on a single return or $44,000 on a joint return.
By Rocky Mengle • Last updated
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A Kiplinger-Alliance for Lifetime Income Poll: Americans & Retirement Security
Financial Planning The majority of respondents in our poll would welcome more guaranteed income.
By The Kiplinger Washington Editors • Published
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How Workers Face Double Taxation Under Trump's Payroll Tax Break
Tax Breaks There's a catch if your Social Security payroll taxes are deferred under President Trump's recent executive order, which kicks in on September 1.
By Rocky Mengle • Published
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Deferred Payroll Taxes to Be Paid in 2021
Tax Breaks The IRS says Social Security payroll taxes that aren't collected this year under President Trump's executive order will have to be withheld and paid early next year.
By Rocky Mengle • Published
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Pick a Winning Social Security Strategy
social security You'll want to plan ahead to help determine when is the best time to start claiming your benefits.
By Lisa Gerstner • Published
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What Trump's Payroll Tax Cut Will Mean for You
Tax Breaks President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much could it save you?
By Rocky Mengle • Published
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Turning 60 in 2020? Expect Lower Social Security Benefits
Coronavirus and Your Money When you file for Social Security, the amount you receive may be lower.
By Sandra Block • Last updated