Many retired public sector workers will finally get the Social Security benefit they earned So, how is your New Year starting out? For nearly 3.5 million retirees who earned a pension from working in the public sector, it’s starting out great. That’s because after 23 years of haranguing in Congress, both houses finally passed the Social Security Fairness Act of 2023. In an … [Read more...] about WEP and GPO repealed—it took Congress 23 years to act
Social Security
2025 Social Security COLA set at 2.5%
There’s always a tremendous amount of speculation about Social Security’s annual cost of living (COLA) increase. In fact, the first soothsayers stir the pot as early as February or March each year. Yet the COLA is only announced after inflation rates are known for the third quarter. Right on time, the Social Security Administration released the 2025 Social Security COLA on … [Read more...] about 2025 Social Security COLA set at 2.5%
Working After 70? Your Social Security Claim Triggers Medicare Part A (Part 3)
Don’t leave money on the table, or overcontribute to your HSA If you’re planning on working after age 70, you may run into a different situation with Medicare. But not because of Medicare. Rather, it has to do with your Social Security claiming strategy. And you may find you’ve been overly generous in contributing to your HSA. To build more details of all the HSA and … [Read more...] about Working After 70? Your Social Security Claim Triggers Medicare Part A (Part 3)
Ready to Claim Social Security?
Find the checklist that fits your situation You may have heard me talk about Social Security during a webinar, workshop, or podcast. Or you might be an avid reader of my Social Security articles. I hope you do both! Even if not, those who are 50 or 55 and older are thinking about Social Security. And those in their 60s are feeling like they are ready to claim Social … [Read more...] about Ready to Claim Social Security?
Have You Seen Your Recent Social Security Statement?
Time to take a fresh look April is National Social Security month. An opportune time to take a fresh look at your benefits estimate. Even if retirement is years away. If you haven’t taken a peek lately, you’ll be surprised to see a new version of the Social Security statement. Simply log into your online account or create your own “MySocialSecurity” account on … [Read more...] about Have You Seen Your Recent Social Security Statement?
