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Social Security Will Increase Significantly in 2022

2021-10-18T13:38:19-05:00October 18th, 2021|Blog|

Social Security Will Increase Significantly in 2022 By: Stacey Nickens Retirees will see a large increase in their Social Security benefits in 2022. Last week, the Social Security Administration announced that the cost-of-living adjustment will be 5.9% in the upcoming year. However, seniors should keep in mind that benefits are increasing because inflation is increasing. [...]

Retiring This Year? 3 Money Moves To Make Right Now

2021-10-15T11:37:24-05:00October 15th, 2021|Blog|

Retiring This Year? 3 Money Moves To Make Right Now By: Stacey Nickens Congratulations! You have worked hard your entire life, and you are ready to rest and enjoy the fruits of your labor. As a financial advisor, I have loved assisting so many clients in moving into and through retirement. As you get closer [...]

Social Security Benefits Could Increase Significantly in 2022

2021-09-17T11:38:49-05:00September 17th, 2021|Blog|

Social Security Benefits Could Increase Significantly in 2022 By: Stacey Nickens News headlines are rarely optimistic, but seniors may be excited by some headlines projecting a large cost-of-living adjustment for Social Security benefits in 2022. Each year, the Social Security administration calculates a cost-of-living adjustment for Social Security benefits. With inflation and prices on the [...]

Social Security Revamps Their Statement Design

2021-08-23T12:49:48-05:00August 23rd, 2021|Blog|

Social Security Revamps Their Statement Design By: Stacey Nickens Have you recently logged into your Social Security account and noticed some changes in your statement format? Certain Social Security account users who have yet to claim their benefits started receiving redesigned Social Security statements in early May. The new statements are only two, rather than [...]

10 Ways to Protect Your Personal Information

2021-09-14T14:15:52-05:00August 20th, 2021|Blog|

10 Ways to Protect Your Personal Information By: Stacey Nickens Millions of individuals fall victim to identity theft every year. While the reality is scary and troubling, there are steps you can take to protect your personal information and your identity. Keep reading to learn about 10 steps that the Social Security Administration recommends in [...]

3 Common Mistakes People Make When Claiming Social Security

2021-07-16T16:22:53-05:00July 16th, 2021|Blog|

3 Common Mistakes People Make When Claiming Social Security By: Margaret Nickens Social Security helps many Americans fund their retirement, but sorting through all of the different claiming strategies and rules can be challenging. Retirees may end up claiming their Social Security benefits too early or claiming in a manner that doesn't best meet their [...]

Stimulus Checks Delayed for Some Social Security Recipients

2021-03-29T16:12:22-05:00March 29th, 2021|Blog|

Stimulus Checks Delayed for Some Social Security Recipients By: Stacey Nickens Almost 30 million Social Security and Supplemental Security Income (SSI) recipients will be experiencing a delay in receiving their third stimulus checks. The Social Security Administration (SSA) initially failed to send necessary information to the IRS. However, after a letter from four Congressmen prompted [...]

Social Security Tips: Market Timing and Claiming Social Security

2020-10-14T16:09:57-05:00October 14th, 2020|Blog|

Social Security Tips: Market Timing and Claiming Social Security By: Stacey Nickens Today is National Savings Day, and with this in mind, I want us to think about your retirement savings withdrawal strategy. Many of you may be familiar with the 4% Withdrawal Rule. According to this rule, you should try to withdraw no more [...]

Social Security Benefit Increase for 2021

2020-10-14T16:11:06-05:00October 14th, 2020|Blog|

Social Security Benefit Increase for 2021 By: Stacey Nickens On Tuesday, the Social Security Administration announced their cost-of-living adjustment for 2021. Recipients' benefits will increase by 1.3%, which amounts to an average monthly increase of $20. CNBC estimates that the average Social Security benefit will increase to $1,543 from $1,523. Additionally, the average disabled workers' [...]

Tip of the Day: How to Maximize Your Social Security Benefits As a Widow(er)

2020-09-03T16:18:00-05:00August 31st, 2020|Blog|

Tip of the Day: How to Maximize Your Social Security Benefits As a Widow(er) By: Stacey Nickens Many individuals experience the painful and gut-wrenching loss of a spouse or ex-spouse. If this has happened to you, I want to first tell you that you're in my thoughts and prayers. I know firsthand the experience of [...]