There are a lot of misconceptions about how the Social Security Administration computes an individual’s monthly benefit. This is done by computer by the Administration but it is helpful to understand how your benefits are calculated. With this knowledge, you can insure that your benefits are correct, determine any effect a pension not covered by […]
2015 Bi-Partisan Budget Act
Changes to the Social Security act were part of the Bi-Partisan Budget Act signed by President Obama on November 2, 2015. Changes were made to the Claim and Suspend and Restricted Application strategies. Congress and the President called this the closure of unintended loopholes. Claim and Suspend The act of suspending benefits at someone’s full […]