Jim McGuire | fake pictures If you are like many Americans, you will not answer this question about Social Security correctly: “I must be a US citizen to collect Social Security retirement benefits.” The insurance company MassMutual recently asked 12 true / false questions like this about the federal program …
Read More »What to know if you plan to claim Social Security
PeopleImages | E + | fake pictures Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you do it. Making that call during the coronavirus pandemic can increase the stakes. This is because the age at which you decide to claim will block …
Read More »IRS eases rules for reversing required retirement savings withdrawals
If you took a minimum required distribution from your retirement account this year and want to reverse it, now you can. The IRS said Tuesday that anyone who has already taken a RMD in 2020 from certain retirement accounts has until August 31 to return the money. The announcement comes …
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