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Budget Deal Eliminates Important Social Security Filing Strategies

Budget Deal Eliminates Important Social Security Filing Strategies

by Kristine McKinley | Nov 5, 2015 | Social Security

Earlier this week President Obama signed the 2016 budget deal which included several surprise provisions for Social Security. The two biggest changes will be to the “file and suspend” strategy and the ability to file a “restricted application”. The loss of these two...
The SSA Announces: No Social Security Increase in 2016

The SSA Announces: No Social Security Increase in 2016

by Kristine McKinley | Oct 16, 2015 | Social Security

One of the best features of Social Security is the annual cost of living adjustment or COLA. The COLA was created to help seniors keep up with rising costs. This is especially helpful to retirees who depend on Social Security for the majority of their income (note:...
Social Security COLA Could Be 0% For Next Few Years

Social Security COLA Could Be 0% For Next Few Years

by Kristine McKinley | Jun 30, 2009 | Featured Post, Retirement, Social Security

In January of this year, people collecting Social Security retirement benefits received one of the highest cost of living adjustment (COLA) increases seen since the 1980s.  Unfortunately, that increase may be the last one you see for a few years. If you are retired...

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Beacon Financial Advisors
Kristine McKinley
Certified Financial Planner
Kansas City, Missouri