Category Archives: TOPIC – Insurance

SOCIAL SECURITY FOR WIDOWS AND WIDOWERS

RETIREMENT – ANDY LANDIS –  Special rules apply to your Social Security if you lose a spouse — or an ex-spouse. So, heaven forbid, but if you are widowed, you might be eligible for Social Security widow(er) payments. That’s true … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Tagged | Comments Off on SOCIAL SECURITY FOR WIDOWS AND WIDOWERS

LAST CALL FOR FILE AND SUSPEND

RETIREMENT – ANDY LANDIS – Now that your taxes are down, time is running out for Social Security’s traditional “file and suspend” strategy. The Bipartisan Budget Act of 2015 (BBA 2015) changed two key Social Security filing strategies, “file and … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Tagged , | Comments Off on LAST CALL FOR FILE AND SUSPEND

NEW RULES CHANGE SOCIAL SECURITY STRATEGIES

THINKING RETIREMENT – ANDY LANDIS – As I reported last month on my blog, the Bipartisan Budget Act of 2015 (BBA 2015) became law Nov. 2, 2015. Several key provisions of Social Security were changed, including two filing strategies, some … Continue reading

Posted in Andy Landis, TOPIC - Financial Security, TOPIC - Insurance | Tagged | Comments Off on NEW RULES CHANGE SOCIAL SECURITY STRATEGIES

MORE WAYS ‘ZOMBIE’ SOCIAL SECURITY PAYS OFF

THINKING RETIREMENT – ANDY LANDIS – Earlier this year I coined the term ”zombie Social Security.” You can zombify your Social Security so it’s both alive and dead, lurching toward a higher lifetime payout. It’s really called “voluntary suspension of … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Comments Off on MORE WAYS ‘ZOMBIE’ SOCIAL SECURITY PAYS OFF

5 BAD REASONS TO TAKE SOCIAL SECURITY EARLY

THINKING RETIREMENT – ANDY LANDIS – Just when I think I’ve heard every bad reason for taking Social Security early, another one pops up. Understand — there are “good” reasons to take Social Security early. “Bad” reasons aren’t supported by … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Tagged | Comments Off on 5 BAD REASONS TO TAKE SOCIAL SECURITY EARLY

THE NEXT GENERATION’S RETIREMENT PLAN

THINKING RETIREMENT – ANDY LANDIS – What would the ultimate retirement plan for Gen Next look like?  Surprise—you probably already have it. Hey, Generation Next.  Let’s dream up your Ultimate Retirement Plan, or URP (excuse me!). We already know what … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Comments Off on THE NEXT GENERATION’S RETIREMENT PLAN

CAN YOUR SOCIAL SECURITY BE GARNISHED?

THINKING RETIREMENT – ANDY LANDIS – Social Security is exempt from most garnishment.  But it can be seized under certain circumstances. If times are tough, it’s important to ask: Are your Social Security payments subject to garnishment?  Could a creditor seize … Continue reading

Posted in Andy Landis, TOPIC - Insurance, Uncategorized | Comments Off on CAN YOUR SOCIAL SECURITY BE GARNISHED?

SOCIAL SECURITY HIGHWAYS AND BYWAYS

THINKING RETIREMENT – ANDY LANDIS – Social Security’s main highways are the basic benefits for Worker and Spouse.  Most people take the earliest onramp at 62, but you’ll get more per month—and possibly more total lifetime payout—by waiting until Full … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Comments Off on SOCIAL SECURITY HIGHWAYS AND BYWAYS

A TRIPLE-PLAY THAT SOCIAL SECURITY CALLED RIGHT

THINKING RETIREMENT – ANDY LANDIS – Here’s a true story of a “triple-play” that the Social Security Administration called exactly right. I’ve written about Dualies http://www.marketwatch.com/story/rules-of-the-road-for-social-security-dualies-2014-12-04—people who are dually-eligible for Social Security.  For example, you might be eligible as a … Continue reading

Posted in Andy Landis, TOPIC - Insurance | Comments Off on A TRIPLE-PLAY THAT SOCIAL SECURITY CALLED RIGHT

A ROOKIE IRA CONTRIBUTION MISTAKE

IRA ADVICE – ED SLOTT – In a just released private letter ruling (PLR), a taxpayer was given an extension of time to complete a rollover of funds to his IRA. He was given bad advice by his CPA. “Tom” … Continue reading

Posted in Ed Slott, TOPIC - Insurance | Comments Off on A ROOKIE IRA CONTRIBUTION MISTAKE