Retirement Watch Lighthouse Logo
Retirement Watch Lighthouse Logo

Social Security

Found 248 Articles.
Get access to 255 articles by subscribing to Retirement Watch and Retirement Watch Spotlight Series.

social-security-benefits

How to Keep More of your Social Security Benefits

April 1, 2000

There’s great news from Washington. Repeal of the “earned income limit” on Social Security beneficiaries passed Congress, and President Clinton said he would sign it. The bad news is income taxes still are imposed on Social Security benefits. Under the earned income limit, a beneficiary who receives “too much” income from working loses some of […]

how-to-deal-with-medigap-premiums

How to Deal with Medigap Premiums

April 1, 2000

Premiums for Medicare supplement insurance are climbing again. Insurers report premium increases of 10% and more. For some policies, the premiums will increase over 40%. The sharpness of the increase depends on your state and the type of policy you have. The highest premium increases are for Medigap policies covering prescription drugs. Of the 10 […]

year-end-tax-saving

Strategies for Year End Tax Savings

October 1, 1999

Tax planning always is trickiest for senior Americans. And it will be especially tricky this year. The tax law has a number of traps designed specifically to get seniors. The biggest trap is the tax on those Social Security benefits that used to be tax-free. If your adjusted gross income exceeds $32,000 ($25,000 for single […]

high-safe-income-annuities

Strategies for earning high and safe income from Annuities

December 1, 1998

The tax-deferral of annuities gets a lot of attention. But not much effort is devoted to the best way to get the highest, safest income from an annuity. Even less attention is devoted to buying an immediate annuity, one that begins paying income within a year. But you’ll hear more about these issues as insurers […]

roth-ira-conversions

Last Chance for Roth IRA Conversions

December 1, 1998

It is decision time for Roth IRA conversions. By letting the decision slip past Dec. 31 you miss a very profitable gift from Congress. As you probably know, Congress created the Roth IRA, which accumulates income and gains tax free, and from which all withdrawals are tax free. Another benefit of the Roth IRA is […]

year-end-tax-savings

Strategies for Year-End Tax Savings

November 1, 1998

In the next few weeks you could add thousands of dollars to your net worth. Market volatility and new tax rules give you the best opportunity in years to reduce your income taxes with year-end moves. Here are some actions to consider between now and Dec. 31 to slash the amount you owe Uncle Sam. […]

reduce-taxes-social-security

How to Reduce Taxes on Social Security Benefits

November 1, 1998

Some of you are old enough to remember when Social Security benefits were free of income taxes, as originally promised. Now they can be taxed at a rate of up to 85%, if you are considered a high income retiree. (My report, Retirement Tax Guide has details. Call customer service at 800-552-1152 for information.) Year-end […]

housing-options-for-seniors

Housing Options For Seniors

November 1, 1997

My parents have reached the point where they are tired of keeping up their big house. They are thinking of downsizing, and are looking at other housing options. They’ve learned that in what is called the senior housing market, there are many options, some of which didn’t exist just a few years ago. The trick […]

January 2021:

Congress Comes for your Retirement Money

A devastating new law has just been enacted, with serious consequences for anyone holding an IRA, pension, or 401(k). Fortunately, there are still steps you can take to sidestep Congress, starting with this ONE SIMPLE MOVE.
X
pixel

Log In

Forgot Password

Search