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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:...
Common Social Security Retirement Questions

Common Social Security Retirement Questions

by Kristine McKinley | Jun 23, 2014 | Featured Post, Retirement

As Baby Boomers are getting closer and closer to retirement, they have many questions about Social Security, such as… Will Social Security be there for me when it’s my time to collect benefits? For a long time the media has been telling us that Social...
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...
Social Security Benefits Increase 5.8% for 2009

Social Security Benefits Increase 5.8% for 2009

by Kristine McKinley | Jan 12, 2009 | Retirement

Finally some good news for retirees… Social Security benefits are being increased 5.8% for 2009.  This is the largest increase in more than 25 years! This increase will boost the average monthly Social Security retirement check from $1,090 to $1,153. Even more...

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Beacon Financial Advisors is a registered investment adviser with the State of Missouri and the State of Kansas and may transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. Registration with the United States Securities and Exchange Commission or any state securities authority does not imply a certain level of skill or training.
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Beacon Financial Advisors
Kristine McKinley
Certified Financial Planner
Kansas City, Missouri