Q: I work in human resources. The maximum amount of earnings that are taxable for Social Security shot up in 2017 after staying the same amount for two years in a row. When the change went into effect in January I was q ...
Category: Frequently Asked Questions (FAQs) about Social Security
Ask The Advisor: February/March 2017
How Will Social Security Benefits Affect Our Income Taxes? Q: After I turned 67 this year, I started Social Security benefits while my wife and I continue to work. Can you give us an idea how much my Social Securit ...
Q & A: January 2017
Q: If I start Social Security this year how much am I allowed to earn? I’ll turn age 66 in November. I’m currently working in a job that pays $52,000 per year plus health insurance. A: The answer depends upon whet ...
Ask the Advisor: December 2016
How Can We Expand Social Security When The Program Is Running Out of Money? Q: I’ve read about proposals to “expand” Social Security that would provide somewhat higher benefits and a better cost-of-living adjustment. ...
Q & A: December 2016
Help! Social Security Estimates That I Earned $500,320 And Stopped My Benefits! Q: I started benefits at age 63 after losing my job in 2013. I was able to find new employment the following year in 2014. I receive ...
Q & A: November 2017
My Ex Passed Away. Can I Claim A Widower’s Benefit? Q: My ex-wife passed away last year at 62, and recently my job ended. She had a good job with a pharmaceutical company for about 20 years. Can I file a claim for ...
Q & A: July 2016
Is There A Good Reason To Take Social Security Early? Q: I turn 62 this year. My spouse is 65 and still working. I’ve thought about delaying my Social Security benefit to let it grow, but a publication from the Socia ...
Ask the Advisor: July 2016
I Inherited An IRA From My Dad - How Does That Affect My Taxes? Q: I inherited an IRA from my dad worth roughly $232,000. I’m 65, and receive Social Security. Can you tell me what effect this will have on my taxes? W ...
Q & A: June 2016
Can You Tell Me About The New Social Security Changes? Q: What can you tell me about changes to Social Security that went into effect recently? I’ve read references to benefits that I didn’t know I was entitled to. ...
Ask the Advisor: April 2016
Why Are My Social Security Benefits Taxed? This Is Double Taxation! Q: I’m a divorced retiree and I file taxes as a single household. Can you tell me why my benefits are taxed and how the income threshold that subject ...
Close