Blog

Elections have financial consequences is a variation on a theme we have heard many times in recent political rhetoric.

Last week we discussed misconceptions regarding funding the Social Security System. This week we shift to Medicare, where even more financial misconceptions may be found.

Ida May Fuller; a name that made history. The date was January 31, 1940, and the check in Fuller’s mailbox in Ludlow, Vermont was from the U.S. Social Security System.

Having studied Economics for over five decades, I have been perplexed by the return to favor of antiquated, disproven Keynesian economic theory.

Do you receive one or more 1099-MISC forms instead of W-2s for the work you perform? 35% of Americans receive at least one 1099-MISC.

Second chances, do-overs, re-dos, mulligans – all are great opportunities to correct prior actions that turned out worse than expected. Too bad they are so rare in real life.

Today we take a deeper dive into the Social Security claiming decision for couples. While their decisions are more complicated than singles’ choices, the objective remains the same; maximize lifetime benefits.

Today we are starting a look at married couples, whose decision making is more complex than is the same process for singles. Couples have an obligation to consider each other’s futures when planning benefits filing. Case A: Married couples of similar ages, both qualified for Social security participation.

This is the third in a series of discussions regarding claiming benefits under Social Security and Medicare. Today we look at single taxpayers and the choices they must make as to when to start receiving benefits.