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Social Security is Changing How They Issue the Numbers

Photo by DonkeyHotey on Flickr.com One of the quirky things I enjoy about doing taxes is that when I get someone’s Social Security number, I can tell where the person is from. The first three digits of...

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Is My Social Security Income Taxable?

Photo by Jan Roberg. People often ask me if their Social Security income is taxable.  No, sorry, I just lied.  When I finish preparing  a tax return for someone on Social Security I’ll often hear,...

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A 1% Tax on Social Security Checks? — The Unholy Resurrection of HR 4646

Photo by nasa hq photo at Flickr.com There’s an email going around saying that President Obama’s finance team wants to tax direct deposited Social Security checks at 1% and that’s why everyone will be...

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What Every Divorced Woman Needs to Know About Retirement: Social Security

Photo by SalFalko at Flickr.com This may come as a surprise to you, but your ex-husband could turn out to be good for something after all. If you were married for at least 10 years, you may be entitled...

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How to Check Your Social Security Annual Statement (And Why You Want To, Even...

Photo by 401(K) 2012 at Flickr.com   “Social Security, that’s for old people.  Social Security won’t even be around when I retire.”   Let’s look at that second statement first.  Social Security won’t...

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Why Social Security Wants You to Retire at 62

Photo by Nick Ares at Flickr.com   Social Security would rather have you retire at age 62 than at your full retirement age.  That sounds a little backwards, but it’s all about money.  (Of course!)...

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How Can Social Security Be Out of Money If We Only Take Out What We Put In?

Photo by Scott at Flickr.com I hear this question all the time.  We all put our own money into Social Security so how can it run out of money?   First, let me point out that Social Security is not out...

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