Social Security

Social Security Planning for Couples: Maximizing Survivor Benefits

A key benefit of Social Security that most people never think about are the payments to survivors following the death of the primary wage earner. These payments can be life-saving for young families, of course, but they can also be very important in determining your retirement income. One of the first things to understand when …

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Should Business Owners Put Spouse On Payroll
for Social Security Purposes?

Social Security can be a tricky subject for many clients, with added complexity for small business owners. One common question concerns compensation for family members and their eligibility for Social Security. Here are the factors to consider. A common question asked by business owners is whether or not they should put a spouse on the …

Should Business Owners Put Spouse On Payroll
for Social Security Purposes?
Read More »

Social Security Claiming Under the New Rules

On November 2, 2015, the Bipartisan Budget Act of 2015 was passed into law. In addition to budgetary provisions, the law closed certain “loopholes,” which changes the way married couples and divorced individuals may take advantage of Social Security benefits. Once the law is fully phased in, a high-earning spouse or divorced individual will no …

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3 Ways to Raise Your Social Security Benefit

Wondering how to maximize your Social Security benefits? It’s not as difficult as you may believe. Here are three options almost anyone can do. Not so long ago, baby boomers viewed Social Security as a retirement program for old folks. High-earning boomers felt that Social Security didn’t apply to them because the monthly checks were …

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