Social Security

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Q&A
Asked by an anonymous user
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Hi - you should each update your benefit estimates from the Social Security Administration by visiting their website at www.ssa.gov - then you will be prepared with th...
Q&A
Asked by CJ
Answered by Kim Miller, CFP®PRO+ in Redmond, WA
Hi - The simple answer is to wait at least until you reach Full Retirement Age (FRA) which may be 65 for you. The FRA varies somewhat depending on the year of your b...
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Q&A
Asked by Michael
Answered by Linda A. Stortz, CPA, EA in Seminole, FL
You must be asking if you can "make" an IRA contribution, rather than "take" an IRA contribution. No, either one of you must have earned compensation from wages, salar...
Q&A
Asked by an anonymous user
Answered by Helen Barbre Stephens, Financial Adviser in Fort Worth, TX
The EITC requires earned income, which includes any self-employment income. You may qualify based on your overall income, but you won't if you don't have earned incom...
Q&A
Asked by Jim
Answered by Michael Hoffman, RFC, CLU, ChFCPRO+ in Grass Valley, CA
Jim, You may want to defer taking Social Security until later (age 70) if you do not need the income now. Your benefits will increase by as much as 25%. In addition...
Q&A
Asked by an anonymous user
Answered by Paul Carag, Financial Adviser in Renton, WA
Good morning. Thank you for the initial information but my answer depends on your specific circumstances, Additional information will allow for a financial snapshot...
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