social security

Social Security Gets Its Biggest Boost in Years

Social Security will soon give seniors their largest “raise” since 2012. In view of inflation, the Social Security Administration has authorized a 2.8% increase for retirement benefits in 2019.

This is especially welcome, as annual Social Security cost-of-living adjustments, or COLAs, have been irregular in recent years. There were no COLAs at all in 2010, 2011, and 2016, and the 2017 COLA was 0.3%. This marks the second year in a row in which the COLA has been at least 2%.

Analyze Your Social Security Option

Analyze Your Social Security Option

As part of the financial planning services that I offer, my software can guide you through filing decisions that could increase your annual benefit by as much as 76%1 and increase your lifetime benefit by tens of thousands of dollars.

As part of the financial planning services that I offer, my software can guide you through filing decisions that could increase your annual benefit by as much as 76% and increase your lifetime benefit by tens of thousands of dollars.

Was Your Social Security Account Hacked?

Since the Equifax data breach affecting 143 million Americans, one of my clients told me that their online account had been suspended after someone tried - unsuccessfully - to log into their account.

The pilfered information which includes Social Security numbers, name, birthdate and address could possibly lead to a diversion of benefits or changes to an account to allow access for many years without your knowledge.

To date, the SSA has not sent out widespread notice to Americans on extra security measures to take to protect their account.