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Social Security Cost of Living Increase

October 19, 2006

Social Security has announced the cost of living increase for 2007. This increase will be a 3.3% raise reflected in your January check. The Medicare Part B premium is also going up; this premium will have a $5 increase from $88.50 to $93.50, also effective in January 2007.
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Social Security Privatization is Not Dead

September 20, 2006

You may recall the Bush Administration suffered a defeat in their attempt to privatize Social Security. After this initiative failed due to public outcry, the focus of Bush’s presidency shifted back to the war in Iraq. This defeat does not mean the Republican efforts to outsource Social Security are finished, not by a long shot. [...]

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Voluntary Tax Withholding

March 15, 2006

If you find yourself owing money to Uncle Sam every year in April, voluntary tax withholding from your Social Security benefits could be the answer for you. If you receive Social Security Retirement or Disability benefits you can designate a percentage of your benefit amount to be paid to the IRS each month. This amount [...]

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Social Security and Power of Attorney

March 10, 2006

You might think because you have “Power of Attorney” for your relative or loved one you will be able to conduct business for them with the Social Security Administration. The agency does not recognize “Power of Attorney” and this document will get you no information from Social Security about your relative or loved one.
Social Security [...]

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Replacing Your Social Security Card

March 6, 2006

Millions of people request replacement Social Security cards every year. Social Security has recently changed the rules for accepting applications for these cards. Here is what you need to know to get your Social Security card replaced.
In order to replace your Social Security card you will need to fill out an application; the application is [...]

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Social Security Retirement at Age 62

February 17, 2006

If you plan on starting your Social Security Retirement benefits at age 62, there are several things you need to know. To start your benefits you will need to schedule an appointment or apply online; the earliest you can call to schedule the appointment is three months prior to your 62nd birthday.
If you start [...]

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