Social Security

How much does Social Security pay an individual each month? This article is for you if you are asking this question. Estimating your Social Security benefits might be challenging, especially when you are several years away from retirement. However, knowing how your benefit will be determined might help you plan your retirement budget and increase […]

Most Americans contribute to the Social Security system without clearly understanding its benefits. Although the majority know that Social Security is a significant source of income for retired employees, very few are aware of the additional spousal benefits offered to eligible couples. You may wonder, “how much Social Security will my wife get if she never worked?”

The pain of losing a parent is hard to express. A child’s sorrow and grief  after losing their parent will always be a heavy burden on them. Other than grief, children may experience significant stress due to the financial impact that the death may cause on their family. Finding monetary resources to stabilize a child’s

Do you need the help of a disability attorney to file for Social Security Disability Insurance (SSDI) benefits? The short answer is no. You may not need an attorney during the initial application. However, individuals who seek professional help with their applications are 23% more likely to be approved for benefits. It is also advisable

If a loved one has designated you to act as their Power of Attorney (POA), it means you are authorized to manage their financial affairs while they are still alive. Power of Attorney is a strong document. It grants you full trust and discretion to manage the financial decisions of the person who designated you as their agent. As

The Social Security Administration (SSA) establishes the maximum income subject to Social Security tax. Specifically, Social Security’s Old Age, Survivors, and Disability Insurance (OASDI) program limits the number of earnings subject to taxation. Conventionally, this is referred to as the contributions and benefit base. In 2023, the contributions and benefit base are increasing to $160,200 in