Learning Center

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Will Social Security Run Out?

The Social Security program was created as a way to assist seniors with a monthly source of income after retirement, and it is administered by the Social Security Administration. There were many contributing factors to the need for such a program, including improvements in medical care that extended life expectancies…

Does Social Security Increase with Inflation?

It seems that no matter what happens with the economy, prices continue to rise, and year after year, the purchasing power of the dollar drops. Much of this has to do with inflation, and unfortunately, inflation can take a huge bite out of your ability to utilize your income to…

How Does Medicare Part C Work?

Today in the United States, there are over 20 million people who rely on a Medicare Advantage (Part C) plan for their Medicare coverage for health care. That means that one out of every three Medicare beneficiaries has a Part C policy. You can purchase Medicare Advantage (MA), or Medicare…

Does Social Security Work for Spouses?

When the topic of spousal benefits comes up, it is often connected to the other spouse’s death. However, as a spouse, you may be entitled to benefits while your better half is still living and receiving their retirement benefits. Even if you have not worked under Social Security yourself, you…

Is Social Security Going Up in 2020?

Social Security income is a necessity for many Americans. After retirement, Social Security may be the only income that is coming in on a regularly basis, and because of this, the amount of these benefits is critical for financial planning, especially for individuals that have only limited amounts of savings….

Will the Social Security Office Call You?

All too often, a call comes in from an unknown number. Should you even answer it? Let’s say you do. It’s a call from the “Social Security Administration” telling you that your benefits will be revoked or that legal action will be taken against your Social Security Number unless you…

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When Does Social Security Start?

Social Security is a source of monthly funds that many seniors rely on in order to take care of household costs, including food and utilities. It was put into place in 1935, and today, the program serves nearly 100 million people across the United States. The program is designed to…

How Does Social Security Disability Work?

For many people, even those who diligently plan for a rainy day, disability is often overlooked as a potential life crisis. Perhaps you have purchased life insurance and have been investing in a savings plan but have not given much thought as to what you or your family would do…