Guidance Issued Concerning Deferral of Employee Social Security Tax Withholding

On August 8, 2020, the President of the United States issued a Presidential Memorandum authorizing the Secretary of the Treasury to defer the withholding, deposit, and payment of certain payroll tax obligations. Applicable wages was defined as wages paid to an employee on a pay date d
Read More

Filing for Social Security: What distribution strategy will work for you?

About 8,000 Americans reach the traditional retirement age of 65 every day, according to AARP. If you’re one of these preretirees, you have a lot of decisions to make about your retirement finances — including when you should start receiving monthly Social Security retirement benefits
Read More

When Do You Start Taking Social Security Benefits?

Deciding when to sign up for Social Security benefits is a big deal. And just for the record, it’s not the same as deciding when to retire. The two do not have to be simultaneous. SOCIAL SECURITY BENEFITS: LESS NOW, MORE LATER You can sign up for Social Security benefits at age 62. Bu
Read More