Personal Financial Advice from a former Certified Financial Planner
Small business tax deductions are important in order to offset high business taxes levied against small business owners and entrepreneurs. This is especially true for work from home entrepreneurs who file as sole proprietors, or as a Limited Liability Company aka LLC, with sole proprietor tax status. Small business owners …
As a former financial planner in Colorado, I get a lot of questions about Colorado’s PERA program and is PERA a good retirement plan. For those of you who are not from Colorado, PERA stands for Public Employment Retirement Association. It is a public pension plan for employees of the …
How Much Will Your Social Security check be? Social Security is a program of the federal government that provides retirement income for Americans older than 62 years old. The program also offers benefits for those who are disabled. The amount of Social Security you get depends on several factors, but …
Fortunately for retirees depending on Social Security, payments on Social Security checks 2023 will be quite a bit higher than the payments on 2022 Social Security checks. New Social Security Payment Amount 2023 The 2023 Social Security payment amount hasn’t been officially released yet, but some groups are expecting a …
I did not see that coming. Well, I knew that there was enough inflation washing around in the US economy that retirees would see an increase in there Social Security payments for 2022. I did not know it would be this big. Social Security COLA Increase Is a Big One …
Financial independence is both easier and harder to achieve than most people think. Financial independence is simple if you follow the standard, time-tested formula of long-term saving and investing. But no one wants to do that. They want financial independence faster and easier, and that is much harder to achieve …
Every year Social Security payments are adjusted for inflation. That means that in most years, there is an increase in the monthly benefit paid to people collecting Social Security. This year, retirees can expect a small increase. Social Security COLA for 2021 The Cost-of-Living Adjustment, or COLA, is calculated using …
Deciding whether to start taking Social Security now, or waiting until later is a complicated decision, or at least it frequently gets made out that way. If you want to read all of the nitty-gritty details about Social Security benefits, there is a lot of great information available directly from …
Everyone knows that Medicare provides heath care coverage for retired Americans over 65 years old. But, with more American’s working beyond age 65, there is plenty of confusion about how Medicare works if you are still employed and working at a job, especially if it provides health insurance. Medicare is …
According to a recent CNN article, the Social Security Office still has active (that is, not official deceased) numbers and records for 6.5 million Americans age 112 or older. There are only 35 total people living worldwide who are that age. The problem? These, so called, zombie social security numbers …