Nov 03 4 Social Security tips for boomers who never married By Laurence Kotlikoff Much of Larry Kotlikoff's Social Security advice pertains to married couples or partners who are divorced, separated or widowed. But today, he speaks to those boomers who have never married, and tells them what they need to know should they… Continue reading
Nov 01 Report: 60,000 veterans got triple benefits last year -- legally By Matthew Daly, Associated Press Nearly 60,000 veterans were triple dippers last year, drawing a total of $3.5 billion in military retirement pay plus veterans and Social Security disability benefits at the same time, congressional auditors report. It's all legal. Continue reading
Oct 22 Social Security benefits to go up by 1.7 percent By Stephen Ohlemacher, Associated Press WASHINGTON — Millions of older Americans who rely on federal benefits will get a 1.7 percent increase in their monthly payments next year, the government announced Wednesday. Continue reading
Oct 20 Yes, Social Security can cancel your benefit. This is how By Laurence Kotlikoff Expecting your Social Security check after paying FICA taxes for years? You may be disappointed. You won't receive your own Social Security benefit if you receive a survivor benefit, for example, that is larger. In other words, you cannot receive… Continue reading
Oct 19 Small Social Security increases expected in 2015 By Stephen Ohlemacher, Associated Press For the third straight year, millions of Social Security recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January. Continue reading
Oct 14 Can't stand your spouse? Here's a secret about collecting divorcée Social Security benefits By Laurence Kotlikoff You may not need to be married for the full 10 years usually required to collect divorcée Social Security benefits. With the help of former Social Security technical expert, Larry Kotlikoff explains how eight years could do the trick. Continue reading
Oct 06 You have your Social Security strategy all wrong By Laurence Kotlikoff Larry Kotlikoff explains that remarried retirees cannot collect spousal benefits from an ex-wife or ex-husband, and steers a couple away from a Social Security strategy that wouldn't have worked for them. Continue reading
Oct 03 Twitter chat: What are the care options for older American singles? By Nora Daly While the number of single adults is growing in the U.S., the number of Americans over age 65 also is on the rise. What does long term care look like for unmarried elderly Americans, and what different options are available?… Continue reading
Sep 29 What's the cost of returning to work after taking Social Security early? By Laurence Kotlikoff Benefit reductions from the earnings test can wreak havoc on your budget, explains Social Security expert Larry Kotlikoff, because they're not pro-rated. In other words, a retiree who has gone back to work to make ends meet after taking benefits… Continue reading
Sep 22 What all remarried newlyweds need to know about Social Security By Laurence Kotlikoff Don't assume your new spouse will automatically be eligible for a spousal benefit based on your Social Security record. Larry Kotlikoff advises a recently married couple, whose previous marriages both ended in divorce, how they can maximize their benefits. Continue reading