Can I receive Social Security earnings credit under the Social Security Caregiver Credit Act of 2021?
Full question: I am a caregiver for my special needs niece for approximately 4 months per year. Can I receive social security earnings credit under the Social Security Caregiver Credit Act of 2021? Hi there, Unfortunately, the Social Security Caregiver Credit Act of 2021 at this time, is just a proposed Bill in congress. This…Read More
Do I already need to be collecting benefits to receive the cost-of-living adjustment?
Full question: Is it preferable to start collecting as of December 2021 rather than March 2022 in order to qualify for the 5.9% cola increase? Hello, For retirees who are already collecting benefits prior to January of a given year, they will automatically see an increase come January for the Cost-Of-Living. However, those who are…Read More