Social Security is an fundamental source of retirement income, especially for women. Understand the basics of how Social Security works so that you can plan for the future and maximize your benefit.
Social Security is an important benefit, especially for women. According to the 19th Annual Transamerica Retirement Survey of American Workers, three in 10 women of expect Social Security to be their primary source of retirement income. It is never too …
When do I become eligible for benefits? As a worker: You must work and pay Social Security taxes for at least 10 years (40 quarters), and be at least 62 years old. As a spouse or divorced spouse: You must …
Social Security is an important benefit, especially for women. It is never too early to start understanding Social Security benefits for both you and your loved ones. The more you learn now, the better prepared you will be in the …
Have you earned a retirement benefit? When you work and pay Social Security taxes, you earn “credits” toward Social Security benefits. You need 40 credits (the equivalent of 10 years of work) to be eligible to receive Social Security benefits. …
Although more and more women are in the workforce, many can receive a larger Social Security benefit based on their ex-spouse’s work record than they would on their own. The Social Security Administration will calculate each benefit for you, and …
The Bipartisan Budget Act of 2015 passed by Congress and signed into law by President Obama, included the elimination of two Social Security benefit claiming strategies- commonly known as “File and Suspend” and “Restricted Claims”. The legislation also eliminates the …
Government Pension Offset and Windfall Elimination are two provisions that may affect your Social Security benefit if you receive a pension from a government job where you did not pay Social Security taxes. Government Pension Offset The Government Pension Offset …
Under the law, a pension plan can subtract all or part of your Social Security benefit from your pension benefit, sometimes leaving little or no pension benefit in the end. This is called pension integration. Lower and moderately paid workers, …
WISER publishes its WISERWoman newsletter quarterly. Get a firsthand look at WISER's materials and the latest information, news and resources to help you plan for your financial future.
WISER publishes its WISERWoman newsletter quarterly. Get a firsthand look at WISER's materials and the latest information, news and resources to help you plan for your financial future.