Social Security

Latest Stories

Smart Tax Planning for the Soon-to-Be Retired

By Jason Wein | October 23, 2018

There’s such an emphasis on saving for retirement, yet no one puts much thought into the tax consequences. Without smart tax planning, taxes can be a major source of erosion on retirement income. Most of us would be thrilled to get a 6 to 8 percent return long-term on our retirement portfolios, yet the current minimum income tax rate is 10 percent, the maximum is 37 percent. Being smart about taxes can make your money go much farther in retirement.

Personal Finance When You’re About to Retire

By Michele Burkholder | August 21, 2018

Those last few years, months, and weeks before retirement can be both exciting and terrifying. We call it “go time” when talking with our clients. Among other things, it’s time to make sure you have everything in place. Here are five steps you need to take before you retire.

Countdown to Retirement: The Last Six Months

By Frederick Karp | April 4, 2017

By the time you read this, I will have retired. I officially retired from Penn Mutual on March 31, and I was asked if I would share my retirement planning journey.

Social Security Changes You Need To Know

By Lynn Nolan | January 5, 2016

The Bipartisan Budget Act of 2015 signed into law November 2, 2015 effectively eliminates two popular Social Security claiming strategies: file and suspend and file restricted.

Retirement Planning Week is a Time for Action

By Lynn Nolan | April 14, 2015

This week is Retirement Planning Week. It’s a week for action, not for contemplation. What does that mean for you? Here are five specific actions you can take this week.

You Will Probably Retire Earlier Than You Expect

By Lynn Nolan | August 15, 2014

Data from Social Security and the Employee Benefit Research Institute (EBRI) show that people retire much sooner than they plan to.