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...
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:...
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...
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...
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...