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,...
by Hans E. Scheil | Jul 12, 2017 | Social-Security
Some of the most important decisions you will make regarding your retirement surround Social Security. Despite this, many in our area, including Raleigh, Cary, and Durham, as well as nationwide, make quick decisions that end up costing them money they might not be...
by Hans E. Scheil | Apr 19, 2017 | Medicare, Social-Security
Every year, higher-income Medicare beneficiaries receive a letter from Social Security telling them how much Medicare will cost. This letter outlines their income-related Medicare adjustment amount (IRMAA), which occurs if enrolled in Medicare Parts B and D and if...
