by Hans E. Scheil | Dec 14, 2020 | Social-Security
In January 2021, Americans will see an increase in their Social Security benefits. Most years, Social Security beneficiaries receive what is called a COLA, or a cost of living adjustment. How much is the increase and why is important? Read on to find out! What was...
by Hans E. Scheil | Nov 19, 2020 | Social-Security
Social Security makes up a huge portion of most retirees income. Taking your check at the right time can mean the difference between tens of thousands of dollars during your lifetime in benefits. If you want to get Social Security timing right, the first thing you...
by Hans E. Scheil | Sep 29, 2020 | Medicare, Social-Security
Medicare and Social Security are linked. Many beneficiaries do not find this out until they go to sign up for Medicare. It is important to plan how you want to approach your Medicare and Social Security sign up dates – once you make a decision, you really can’t...
by Mackenzie Gokey | Aug 13, 2020 | Social-Security
When it comes to Social Security benefits, it can be confusing figuring out exactly what you qualify for. Especially if you have been divorced, or know someone who has, it is important to be aware of what ex-spouses have claim to in regards to Social Security...
by Hans E. Scheil | Jun 23, 2020 | Social-Security
There are a lot of myths that go around about Social Security: Social Security is going bankrupt, take it now or you won’t get it, or that the government has been spending it on other things. There is a report that the Social Security Administration publishes every...
by Hans E. Scheil | May 8, 2020 | Social-Security
Social Security is the foundation of the average person’s retirement plan. Social Security is an annuity that every qualified beneficiary receives, but it might not be enough to live off of in retirement. Make sure you understand how Social Security works and how it...
by Hans E. Scheil | Mar 19, 2020 | Social-Security
When you are getting close to retirement, one of the biggest decisions you face is when to start your Social Security check. While much of the decision is based on your age, there are other factors you should consider. You want to be sure you make the right decision...
by Hans E. Scheil | Jan 24, 2020 | Social-Security
If you have been married in the past, you are currently married, or you might marry in the future, Social Security spousal benefits matter. A short story to start off the lesson: Jane, 70, is currently collecting a $3,500 monthly Social Security check based on her...
by Hans E. Scheil | Mar 2, 2018 | In The News, Social-Security
Credit: US News It’s not hard to see the logic. If you wait until you are 70 to take your Social Security benefit, you will receive monthly payments that are 32 percent higher than the benefits you would have received at 66, which is the retirement...
by Hans E. Scheil | Feb 25, 2018 | In The News, Social-Security
CREDIT: Nasdaq By Hans E. Scheil, CFP®, CLU®, ChFC®, CASL® When clients come to us for a financial plan their main goal is to arrange for a secure retirement. Part of that security and a major element for many retirement portfolios is Social Security. Unfortunately,...
