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Archive for April 2016

Social Security FAQ: Spousal Benefits

Social Security FAQ: Spousal Benefits

Questions, questions – and plenty of them about Social Security’s valuable spousal and survivor benefits. The recent decision by Congress to phase out the file-and-suspend and restricted claim loopholes under the Bipartisan Budget Act of 2015 (BBA) has stirred up even more interest in the topic. The […]

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The Ins and Outs of Social Security Benefits and Taxes

The Ins and Outs of Social Security Benefits and Taxes

  It’s an unpleasant fact of life: The taxman can take a bite out of your Social Security benefits. The federal tax formula was crafted to initially target higher-income households, but the share of benefits taxed has risen over the years, because the income thresholds for taxation […]

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