Debunking some Social Security myths

Myth #1: I should apply for Social Security benefits as soon as I am 62 because Social Security won’t be around long. According to the Social Security Administration, if no changes are made, current benefits will continue until at least 2034. By 2034, benefits will...

Deductions may reduce Social Security benefits

In last week’s blog, we mentioned that you can go to www.ssa.gov/myaccount to discover your expected benefits when you retire. When you start receiving those benefits, you may be unpleasantly surprised that the dollars you are receiving are less than you expected....

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