Social Security

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Q&A
Asked by an anonymous user
Answered by Kim Miller PRO+
CFP® in Redmond, WA
I don't see anyone here mention that collecting SS @ 62 and continuing to work will cause a takeback of the SS benefits. For every $2 of earnings over the threshold o...
Q&A
Asked by Michael
Answered by Linda A. Stortz
CPA, EA in Largo, 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...
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Guide  

Q&A
Asked by WILLIAM DAVIS
Answered by Alex Bentley PRO+
Financial Adviser in Pacific Palisades, CA
My feelings are that if Social Security and other government entitlements become too heavy a burden for future generations, they will diminish rather than go away. Th...
Q&A
Asked by Jim
Answered by Michael Hoffman PRO+
RFC, CLU, ChFC 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 Kim Miller PRO+
CFP® 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 PRO+
CFP® 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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