Will Social Security still be around when I retire?

Full question: I’m 34 and finally starting to take retirement planning seriously. With all the talk about Social Security turning 90 this month and all the headlines about it “running out of money”, I’m wondering what to expect. Will Social Security still be there when I retire? Should I plan like I won’t get anything…

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Why do I now receive my Social Security check on a different day of the month?

Full question: I always received my Social Security check on the last Wednesday of the month since my birthday is the 31st. Starting this January, I’m receiving it on the last Monday of the month. Why? Hello, Thank you for reaching out regarding the change in the schedule of your Social Security check. The timing…

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How do I determine my monthly benefit and federal taxes owed?

Full question: Is there a more accurate method to determine the amounts of monthly benefit and federal taxes that will be owed? Hello, For your monthly benefit amount, the best resource is your My Social Security Account, where you can access personalized benefit estimates based on your earnings record. You can log in or create…

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What should I consider before applying for Social Security benefits to ensure I’m making the right decisions?

Full question: Hi Martha. I turn 65 this year, the same year Social Security turns 90 and I’m getting ready to file for benefits. I’ve done some reading, but I still feel unsure about what I need to consider before applying. What should I keep in mind to make sure I’m making the right decisions?…

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How do I know if I was contributing to Social Security?

Full question: I am a retired teacher so I couldn’t get Social Security. I have 5 years of credit that I know of . I have worked as a substitute teacher for the last 2 and a half years, but I don’t think they took out money for Social Security. Is there a way I…

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How long is the processing time for Form SSA-1724?

Full question: My wife passed away in February and her Social Security check was sent to her bank and then taken back. She passed away after her birthday in February had to file a 1724 to get payment its been over 60 days now how long should it take for payment? Hello, Thank you for…

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