You’ve Paid Social Security Tax, But Where Does It Go?

Remember getting your first paycheck with the anticipation of how much you will receive until you see all the taxes taken out of your check? As Americans we pay 12.4% of the first $118,000 earned to Social Security. When you are employed you and your employer each pay half, but contractors pay the full tax…

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9 Important Deadlines to Maximize Your Retirement Benefits

Ready for the inside scoop? Here are a few essential deadlines that will help you maximize your ability to save on taxes, avoid government penalties and capitalize on fees while you’re on your way to retirement. Age 50 If you’re a retired police, medic, and/or firefighter, you can take penalty-free distributions from your plan at…

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Social Security Benefits Claim Denied

If you have been denied Social Security benefits, you need to appeal the decision quickly. The government has strict time limits for this process. Missing the deadline will cause you to entirely restart your application. Hiring an attorney to assist with your appeal is handled professionally. Applying for benefits can be a complicated process due…

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Avoid the Fall Out – Understand Your SSI Benefits

Supplemental Security Income or SSI is a program administered by the Social Security Administration. It consists of benefits paid to people with a limited income and resources, who are disabled, blind, or over the age of 65. In addition, children who are disabled or blind may be eligible for SSI. Read more…

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