Social Security has a flat 6.2% tax rate, up to the maximum wages covered by Social Security ($132,900 in 2019). Social Security benefits bear some positive relationship with your covered wages and ...
401k Match Policies: Every Payroll and True-Up
Contributing enough to the 401k plan in order to get the full employer match is among the most basic rule in saving and investing. When it comes to matching your 401k contributions, employers can do ...
Polepole: Anti-FOMO In Preparing for Retirement
My wife and I came back from our trip to Kenya. We achieved our primary goal of climbing Mount Kenya. My wife was able to get on Nelion and Batian, the highest two peaks in Mount Kenya. According to ...
2019 Social Security COLA
[Updated on October 11, 2018.] The official announcement for 2019 Social Security cost of living adjustment (COLA) came out. The COLA in 2019 will be larger than in 2018, but it's actually bad ...
Social Security Claiming Strategy Calculators Compared
[Updated with new calculator. Removed calculators that are no longer available.] Mike Piper is the author of the book Social Security Made Simple. In addition to explaining how Social Security ...
You Can’t Eat Your House. Or Can You?
The purpose of my recent absence was to look into a Continuing Care Retirement Community (CCRC) for my aging mom. In a CCRC, residents start with independent living, and as their need for assistance ...