Author: David Thomas Coleman

Understanding Social Security After the Loss of a Spouse When you lose your spouse, you’re not only dealing with emotional grief, but you’re also faced with the practical challenge of handling finances during an already stressful time. One of the most important aspects you’ll need to figure out is what happens with Social Security benefits.…

Why tools are important for understanding Social Security and taxes Most seniors have a pretty good idea that Social Security is very important for their retirement income. However, a lot of people don’t know that a big part of their Social Security benefits might be taxed, depending on how much money they make overall. This…

Why Seniors Should Be Aware of Tax Deductions and Credits As a senior, taxes may not always be at the forefront of your mind. After years of working and contributing to Social Security, it might feel like tax time is just another hassle. However, tax deductions and credits are critical tools that can help you…

Why Social Security Myths Persist Social Security is a critical safety net for millions of Americans, offering financial support to retirees, individuals with disabilities, and families after the death of a loved one. Yet, despite its essential role, Social Security myths continue to confuse many people, leading to unnecessary anxiety and, at times, poor decision-making.…

Understanding the Risks of Social Security Scams for Seniors Social Security scams are a serious problem, especially for seniors, and if you’re worried about becoming a victim, you’re not alone. It’s unfortunate, but these fraudsters often target older adults because they tend to trust others and might not be as familiar with the latest scams.…

A Turning Point for Social Security Social Security has always been an important part of financial security for seniors, but right now, things are changing. The new leadership coming in could have a big impact—not just on your benefits today, but also on how Social Security operates for years to come. It’s normal to feel…

Why Identity Verification Is Important for Social Security Verifying your identity with Social Security isn’t just a formality—it’s a critical step to ensure that you can access your benefits safely and protect yourself from fraud. For seniors, identity verification plays an essential role in preventing unauthorized access to your Social Security number, which could be…

Introduction to Social Security and Medicare Understanding how two of the most significant programs in the United States operate—Social Security and Medicare—will help you approach retirement. These programs aim to guarantee a comfortable, safe living throughout your golden years by giving seniors a financial and medical safety net. What is Social Security? Retired, disabled, or…

Why It’s Important to Know How to Contact Social Security Navigating Social Security processes can be overwhelming, especially if you’re not sure where to start. Whether you’re applying for retirement benefits, asking about Medicare, or simply looking to update your information, understanding how and when to contact Social Security can make a huge difference in…

Boost Your Retirement Portfolio With the ‘Three Bucket’ Strategy Ensuring they have enough money to meet their living expenses, healthcare, and other unanticipated bills is one of the main worries among seniors about retirement planning. A useful approach to handle these issues, the “Three Bucket” strategy provides a disciplined method that can lower risk and…