Archive for Retirement
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What are Required Minimum Distributions and how are they calculated?
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Required minimum distributions (RMDs) are the amounts that you must withdraw each year from your traditional IRA, employer-sponsored retirement plan, or tax-sheltered annuity. (Lifetime minimum distributions...
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YOUR SOCIAL SECURITY | Rock Island, Illinois Office
By Cristina Vital Social Security Manager Rock Island Social Security Office MY SOCIAL SECURITY, IT’S NOT JUST FOR RETIREES You don’t have to be retired or even close to retirement to benefit from a personal my Social Security account. Calling or visiting a local Social Security office is r...
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YOUR SOCIAL SECURITY | Davenport, Iowa Office
By Pam Shaw Social Security District Manager Davenport Social Security Office GET YOUR SOCIAL SECURITY BENEFIT STATEMENT (SSA-1099 / SSA-1042S) Tax season is approaching, and replacing your annual Benefit Statement has never been easier. The Benefit Statement, also known as the SSA-1099 or the S...
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What Will You Pay for Medicare in 2021?
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Medicare premiums, deductibles, and coinsurance amounts change annually. Here’s a look at some of the costs that will apply in 2021 if you’re enrolled in Original Medicare Part A and Part B. Medicare Part B p...
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YOUR SOCIAL SECURITY | Rock Island, Illinois Office
By Cristina Vital Social Security Manager Rock Island Social Security Office THREE WAYS TO FIGHT SCAMMERS WHO TARGET YOUR SOCIAL SECURITY BENEFITS Scammers are always finding new ways to steal your money and personal information by exploiting your fears. The most effective way to defeat scamme...
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YOUR SOCIAL SECURITY | Davenport, Iowa Office
By Pam Shaw Social Security District Manager Davenport Social Security Office FIVE WAYS SSA.GOV SAVES YOU TIME Our online tools and services save you time and make your life easier. Often, there’s no need to contact us. Here are five of our webpages that can make your life easier: Wit...
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Lots of Bad News from Social Security
By Richard J. Schillig, CLU, ChFC, LUTCF Independent Insurance and Financial Advisor Our good friends at the Social Security Administration has wished us all the best for the Holidays by granting the LOWEST cost of living increase in recent years. According to an article by Tobias Salinger, Senior...
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YOUR SOCIAL SECURITY | Rock Island, Illinois Office
By Cristina Vital Social Security Manager Rock Island Social Security Office TOP TEN SITES OF SOCIAL SECURITY FOR 2020 Our online services often allow you to do business with us without visiting a local office or calling. Here are our top 10 webpages of 2020: Open your own personal my S...