ArcaMax

There is probably nothing I am asked more often than some version of this question: "When should I file for my Social Security?" But as I've said repeatedly in this column, I am not a financial planner. So I really can't advise you about the best time to start your Social Security benefits. I can tell you that there is no magic or secret formula...Read more

Every single day, more than a few of the emails I get from readers start out with this (or a similar) phrase: "I'll tell you what's wrong with Social Security!" They proceed to do just that. Sadly, their little rant is almost wrong and based on a misunderstanding of Social Security rules or misinformation they picked up -- usually off the ...Read more

As I've pointed out over and over again in this column, there are thousands of myths about Social Security benefits. Those myths are usually started online, but then they get picked up by uninformed people and spread from one nattering novice to another. I couldn't squeeze a thousand myths into a book, but I have written one called "Social ...Read more

Q: My husband of 49 years died a few months ago. I filed for widow's benefits and started receiving them with no problem. But I got a letter telling me that I was not eligible for the $255 death benefit. When I called the Social Security people to ask about this, they told me that I wasn't due that one-time benefit because we were not living ...Read more

People frequently write to me with an idea to change Social Security law in some way that they think is clever and unique. But I usually have to tell them that their proposal has been considered in the past. After all, Social Security has been around for almost 90 years now, and for those nine decades, people have constantly been coming up with ...Read more

People are always telling me that Social Security rules are so complicated. Actually, most of the basic rules are rather straightforward and simple. But to the extent that the program does get messy, there is a reason why that happens. It's because life gets messy. In other words, if our lives weren't so complicated, Social Security laws wouldn'...Read more

I feel guilty when I repeat information in a column. But sometimes a message I delivered in an old column just demands to be repeated. And I was reminded of that this week when I got more than a few emails from readers who all said basically the same thing. It usually goes like this: "It's so hard to stay current with Social Security because the...Read more

Disability benefits for senior citizens: It's a topic I've written about before. But because older folks are always asking me about getting disability benefits from Social Security, I don't mind updating the column every year or so.

First, here are some ground rules that vary depending on your age. If you are over your full retirement age, ...Read more

I've discussed this issue before in this column. I am a Social Security expert. I know all about the rules and regulations that can affect your Social Security benefits. But I am NOT a financial planner. I rarely tell people when to apply for their Social Security benefits. I give them all the facts and then let them decide, sometimes in ...Read more

When I talk to various groups and organizations about Social Security, my PowerPoint presentation includes a slide with a bar graph that shows the most common sources of income for elderly Americans. As you might guess, the longest bar on the graph is Social Security. About 85% of seniors get a Social Security check. Other bars on the graph ...Read more

I frequently get questions from soon-to-be retirees who have heard about a "family maximum" that applies to Social Security benefits, and they are afraid that rule will reduce the benefits they are due as a couple. Or similarly, they have been told there is some kind of marriage penalty associated with the payment of benefits to married couples....Read more

I recently did a radio show, and the host asked me what the most common questions I get are. I told her they can be divided into two broad categories: politically oriented questions (usually about the financing of Social Security) and program-related questions (mostly about Social Security benefits). She told me to stick with the latter. I ...Read more

I am always hearing from readers who are hung up on making sure they start their Social Security benefits at precisely their full retirement age. Or at precisely the age of 70. They don't want those benefits a month before. They don't want them a month after. They want to make darn sure that their benefits start at exactly the month they chose ...Read more