Divorce and Your Social Security Benefits

For millions of Americans, Social Security forms the foundation of their retirement. For many, the benefit from Social Security comprises more than half their retirement income. From its creation during the administration of President Franklin Roosevelt, Social...

What Happened to My Tax Refund?

The 2017 Tax Cuts and Jobs Act (“TCJA”) changed tax withholdings for W-2 wage earners. Because the new law nearly doubled the standard deduction, employees had less withheld from their paychecks. The required withholding on bonus payments, vested...

Your Medicare and IRMAA

This week, some Medicare beneficiaries will receive a letter from the Social Security Administration, letting them know that because of their income, they will pay more for Medicare next year. Since 2007, Medicare beneficiaries whose income exceeds $85,000 for...

American Retirees Finally Get a (Small) Raise

The US Social Security Administration recently announced that beneficiaries – including retirees, disabled workers and their eligible dependents and surviving family members – will receive a 2.8% increase in their benefits in 2019. This will be the largest annual...