Sentences with phrase «tap into social security»

Not exact matches

Many people take Social Security early and put off tapping into their IRAs and 401 (k) s until they must.

See what happens to your future retirement security if you add income from a retirement job, delay Social Security or tap into homesecurity if you add income from a retirement job, delay Social Security or tap into homeSecurity or tap into home equity.

Wishing to tap into potential income sources early is totally normal, and it's true there are certain situations where claiming social security early is the smart thing to do.

To tap into cultural indicators of individualism, Grossmann and Varnum looked at trends in baby names over time (from Social Security Administration data), changes in word usage in books over time (using the Google Ngram database), and shifts in family structure, including family size and prevalence of multigenerational households (using U.S. Census data).

Overall, as a married couple you may have up to at least four streams of income you can tap into throughout the course of your retirement: your own social security benefits, your spousal benefits, your ex-spousal benefits, and survivor benefits.

In the event that one wants to delay receiving social security benefits until age 70 (in order to max out the social security benefits), tapping into a 401 (k) or IRA to provide interim stopgap income could be considered.

The fact is, when you begin to tap into your pension, retirement accounts, and even your Social Security, you may be taxed.

We took your concern that Social Security will have gone bust by the time you're ready to tap into it to two certified financial planners.