financial planning

This Month, You Might Lose Your Social Security Benefits- Judge Rules on Income for Millions of Americans

by
Joe Biden

A recent decision by the Colorado Court of Appeals has raised concerns among Social Security beneficiaries. The court ruled that Social Security benefits can be considered as income in alimony cases during divorce proceedings. This revolutionary decision challenges traditional interpretations of federal law and could impact millions of retirees and divorcees across the United States. … Read more

Government Announces Significant Changes to Social Security Benefits – Impact on Retirees

by
Joe Biden

In a groundbreaking decision, the Colorado Court of Appeals has ruled that Social Security benefits can now be used for alimony payments between ex-spouses. This change, announced in the past few days, marks a significant shift in how Social Security funds can be utilized, capturing the attention of many beneficiaries. Major Change Historically, Social Security … Read more

Social Security Benefits Discontinued in These States – Full List of Retirees at Risk

by
Joe Biden

Many Americans rely heavily on Social Security benefits for their retirement plans, with the Social Security Administration reporting that at least 50% of household income for those 65 and older comes from government programs. Thus, losing a portion of that monthly benefit check could seriously jeopardize many people’s retirement plans. If you currently qualify for … Read more

Social Security Checks in July – $1907 for Those Born Between These Dates

by
Joe Biden

As mid-year approaches, many Social Security clients are eager to receive their payments for July 2024. The Social Security Administration (SSA) issues payments according to a specific schedule based on the beneficiary’s date of birth. This article outlines the payment schedule for July 2024, details on how payment amounts are determined, and highlights special considerations … Read more