• Ask the Advisor: April/May 2020 I’m Entitled to a Pension for Work as a City Cop… Should I Continue to Pay Into Social Security for Other Work I am Doing Now? Q:  I worked in a California city police department for 30 years and I’m now entitled to a pension.  For the past 8 years, I’ve also paid into Social Security for ...
  • Q & A: April/May 2020 How Much May I Earn in the Year I Turn Full Retirement Age? Q:  I turn 66 in August of next year, and plan to start Social Security retirement benefits.  How much may I earn in 2021 without reducing my benefits? A:  It depends on whether you can wait just a little bit longer to start benefits.  ...
  • Q & A: March/April 2020 What is the full retirement age for Social Security? Q:  I turn 61 this year and I’m still employed.  I’ve read about waiting until my full retirement age before starting Social Security benefits.  Is that 66?  Do I enroll in Medicare at the same time I start Social Security? A:  Social Security’s “full” retirement age is the ...
  • Ask the Advisor: January 2020 Is Taxing Social Security Benefits Good Policy? Q: Can you explain why Social Security benefits are taxed?  We paid for our benefits through payroll tax withholdings during our entire working careers and since we have retired, we’ve paid taxes on our Social Security benefits.  This is double taxation!  How is this good tax policy?   A:  During working ...
  • Q & A: October 2019 How Do Distributions From a 401(k) Affect my Social Security Benefits? Q:  I’m 62 and doing some retirement planning.  Can you tell me how distributions from a 401(k) would affect my Social Security benefits?  Does the Social Security Administration use income from a 401(k) to calculate benefits?  Would income from a 401(k) cause my Social Security ...
  • Q & A: September 2019 Who Notifies Social Security When Someone Dies? Q:  My grandfather passed away two months ago at 89, and my step-grandmother (who is 85) is having problems with dementia.  Her son, (my step-uncle), who has power-of-attorney for his mother told the family that he notified Social Security of my grandfather’s death.  I thought the funeral director ...
  • Q & A: July/August 2019 Q:  I recently received a notice from Social Security that says I’ve been overpaid because I earned more than the allowable amount.  I started benefits at age 62 after losing my job.  I finally found a new one and I’ve been working for the past two years.  I’m now 65.  When I first tried to ...
  • Ask The Advisor: July/August 2019 What Can Be Done to Address Social Security Cuts Experienced by Teachers? Q:  A friend of mine who retired after 30 years of teaching recently learned that she will not be getting a Social Security widow’s benefit based on her husband’s work in a private sector job.  Because she gets her own pension from her teaching, ...
  • Q & A: January 2019 How is the Tax on Social Security Benefits Calculated? Q: My spouse and I retired in 2018, and this will be our first tax season with Social Security benefits. Can you explain how Social Security benefits would affect our taxable income? A:  If you receive income from one or more sources in addition to Social Security, chances are ...
  • Q &A: November 2018 What Can You Tell Me About Retroactive Social Security Benefits? Q: I’m turning 65 soon, and I’m not employed since I was caring for my husband who recently passed away.  I inherited our home and two retirement accounts, in addition to receiving a payout from life insurance when my husband died.  Now my mother’s dementia is ...

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