Mississippi Business Journal » Social Security

TROTTER: Social security claiming strategies

Ike Trotter — Fri, 17 May 2013 20:51:14 +0000

Today almost half of those filing for Social Security benefits do so at age 62, the earliest age to which the law makes eligible. Some choose to delay benefits and postpone using their retirement savings as an income source. Others apply out of necessity; their financial situation leaves them little choice. Weighing everything involved, what [...]

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Read January 11 issue of MBJ

MBJ Staff — Fri, 11 Jan 2013 22:11:46 +0000

>> BIG IDEAS Innovate Mississippi to encounter “real-world” market tests at Startup Weekend— by Ted Carter Also in this week’s paper: >> ENERGY No land deal stalls Winston County refinery plans— by Clay Chandler >> REAL ESTATE New name, new developer push Starkville development forward— by Clay Chandler >> APPROPRIATIONS Ethics commission chief expects agency [...]

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Social Security claiming strategies

Ike Trotter — Sat, 15 Dec 2012 00:36:45 +0000

According to current data, roughly half of retirees claim Social Security benefits today by age 62 –or as soon as they become eligible. And while some people delay benefits and postpone using their retirement savings as an income source, far more today apply out of necessity; their financial situation leaving them little in the way [...]

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Financial considerations for 2013

Ike Trotter — Mon, 29 Oct 2012 05:01:47 +0000

We are now in plain view of our country’s “fiscal cliff.” After the election, Congress may or may not end up keeping income and estate tax rates at their recent levels. Next year may bring some notable financial developments, and it isn’t too soon for households to think about what may be in store: You [...]

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August 20, 2012- Ricky Nobile

Ricky Nobile — Sun, 19 Aug 2012 06:01:16 +0000

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Could it be your Social Security income will be taxed?

Ike Trotter — Sun, 08 Jul 2012 06:01:52 +0000

Many new retirees today assume that Social Security income (SSI) is tax-free. Unfortunately, that is not always the case these days. This is because the door to taxation was opened in 1983 when Congress passed a law in which some might have to pay . . . depending on the amount of income earned. How [...]

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Read July 9 issue of MBJ

MBJ Staff — Thu, 05 Jul 2012 21:19:59 +0000

>> FIGHTING BACK Exterminators, scientists see strides in finding, killing bed bugs — By Ted Carter Also in this week’s paper: >> TRUESOUTH IN FULL SWING New golf tournament field up for July 16— by Staff Reports >> “CALL WAITING” PSC commissioner Presley to challenge law derived from ‘AT&T Bill’— by Clay Chandler >> FINANCE New [...]

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Healthcare reform: Good for retirees or not?

Associated Press — Fri, 06 Aug 2010 11:21:35 +0000

WASHINGTON — A report on the financial condition of the Medicare and Social Security programs contends the Obama administration’s sweeping healthcare overhaul will extend the life of the Medicare hospital insurance fund by 12 years — an assertion that Medicare’s top numbers-cruncher disputed. The report acknowledged in its own right that the brighter outlook for [...]

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