What Is Option 1 of Social Security Retirement?

Answer In recent years, legislators have put forward several proposals for reform of the Social Security retirement system. Fearing that the enormous trust fund will run a deficit while paying out benefit... Read More »

Top Q&A For: What Is Option 1 of Social Security Retirement

Do social security disability payments received before normal retirement age reduce social security retirement payments at normal retirement age?

Indemnity plans do not have to pay the hospital or doctor. Indemnity plans are designed to indemnify either the insured or the provider. That means if you have services that cost 20,000.00 dollars ... Read More »

What Is the Social Security Leveling Option?

The typical worker can begin drawing Social Security benefits at age 62. But some workers have pension plans that allow them to collect a full pension years earlier than that. If you're such a work... Read More »

Why Is the Retirement Age for Social Security Going Up?

In 1935, Congress set the minimum age for getting full social security benefits at age 65. So, why is it going up? A variety of reasons contributed to the increase, but it all has to do with the So... Read More »

What Is Social Security Retirement?

Social Security retirement is a U.S. government old-age pension program, financed by a payroll tax, which provides a monthly retirement benefit for as long as you live. The original Social Security... Read More »