Posts Tagged: Social Security

Celebrating 77 Years of Social Security

Most of us are familiar with the program and see the FICA taxes taken out each pay stub to support Social Security and Medicare. So I’ll start with a quick program overview, and then what Social Security actually does for Americans. Hopefully you will learn something new. On August 14, 1935, President Franklin Roosevelt signedRead… Read more »

Survivor Annuity, Retire Happy, Save a Life – Maybe Your Own, & UPDATES

A soon to be retired fed contacted me last month about an estimate they received from their HR department with a grossly incorrect survivor benefit cost estimate. The employee was advised that a full survivor benefit for their spouse would reduce their monthly benefit by one third! Incorrect high estimates like this can put theRead… Read more »