Blog posts

Unlocking the $6,000 Senior Bonus Deduction: A 4-Year Planning Opportunity

On July 4th—America’s Independence Day—President Trump signed into law one of the most sweeping tax reforms in recent years: the One Big Beautiful Bill (OBBB), passed by Congress just one...

Social Security’s Financial Outlook: Problems, Myths, and Possible Fixes

The 2025 Social Security Trustees Report is out—and headlines are sounding the alarm. The combined Social Security Trust Fund is now projected to run out in 2034, a year...

Worried About Retirement Costs? You Might Be Pleasantly Surprised

It’s common to assume that retirement expenses will rise steadily each year due to inflation. But research suggests otherwise. In fact, many retirees spend the most in the early years of...

How Smart Couples Maximize Their Social Security Benefits

In this post, we’ll dive into how couples can make the most of their Social Security (SS) spousal benefits—a topic that can feel a little confusing at first but makes a big difference over time...

Why Spousal Social Security Benefits Are Sometimes Less Than 50%

“I thought I was supposed to get 50% of my spouse’s Social Security benefits why am I getting less?”If you’ve ever asked yourself this question, you’re not alone. Many people are surprised—and even...

Social Security 2025 Updates: New ID Verification Rules and Payment Schedule Changes

Important Updates from the Social Security Administration (SSA) – 2025 Since early 2025, news about the Social Security Administration’s (SSA) new Identification Verification (IDV) procedures has...

Can You Be Taxed on an IRA You Lost?” a Seized IRA and a $275,000 Tax Bill – What This Teaches Us About IRA Rules

Lonnie Hubbard, sitting in prison and stripped of his assets from an illegal drug operation, was stunned to receive a letter from the IRS. It claimed he owed $275,000 in taxes and penalties—on money...

The Market is in Turmoil – What does it mean for your retirement?

The U.S. stock market has been extremely volatile since the announcement of new tariffs. On April 7, it briefly dropped over 20% from its February peak. The CBOE Volatility Index (VIX), often called...

Understanding Taxes on social security benefits

Lately, there has been a lot of discussion about Social Security, including a proposal to eliminate taxes on benefits. While this sounds appealing, an analysis by the University of Pennsylvania warns...
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