The maximum benefits you will receive as a divorcee is equal to 50 percent of your ex-spouse’s primary insurance amount, assuming you collect benefits at your full retirement age or later. If you collect early, the benefits will be reduced accordingly. In very simple terms, you will receive the same benefits as you would if.. read more →

Let’s say you were offered a new job or received an inheritance after filing for Social Security benefits, and now you want to stop those benefits until a later date. You have the option to withdraw your application for benefits. The law that applies to withdrawing Social Security benefits changed in December 2010. The current.. read more →

We’re sure you’ve read the news articles, seen the news stories and have seen it all over social media: “Social Security is going broke.” The Social Security Trust fund report says that with no changes, the trust fund will be exhausted in 2033; at that time, taxes collected from workers during that year are projected.. read more →

One of the most commonly asked questions at Mister Social Security is, “When is the best time to file for my Social Security benefits? Earlier or later?” There are many variables that answer this question, so let’s explore. Questions to Help Determine if Filing Early is Right for You: Do you need the cash flow.. read more →

It’s no surprise that the biggest retirement fear is outliving your retirement savings. Understanding how Social Security integrates with your overall financial and retirement planning is critical. There is no “one size fits all” category. Why is this so important? Check out my list below! New U.S. Government Accountability Office (U.S. GAO) study says representatives.. read more →