Social Security
Only 8.7% Wait Until Age 70 for Social Security—Here’s Why It Could Mean Thousands More Every Year
- calendar_month Wednesday, 29 Jul 2026
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Key Takeaways Social Security benefits can be claimed as early as age 62, but each year you delay receiving them increases your monthly payment—up to age 70. In 2024, the average monthly benefit for those who waited until 70 was $3,235, which is $1,900 more than if they had started at 62. Waiting often makes […]
Millions of Medicare Recipients Could See a Smaller Premium Increase in 2027
- calendar_month Tuesday, 28 Jul 2026
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Medicare Premiums to See Smaller Increase in 2027 Millions of Medicare beneficiaries may experience a smaller-than-expected increase in their monthly health insurance premiums next year, according to the latest 2026 Medicare Trustees Report. The report estimates that the standard Medicare Part B premium will rise from $202.90 per month in 2026 to about $209.50 in […]
Claiming Social Security Early? The “Double Whammy” That Could Cost You Thousands
- calendar_month Sunday, 28 Jun 2026
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Understanding the Risks of Claiming Social Security Early As a certified public accountant, you have a unique perspective on financial planning and risk management. Your concern about advising clients to claim Social Security early is valid, especially given the uncertainty surrounding the future of the program. The Old-Age and Survivors Insurance (OASI) trust fund is […]
