Clarksville, TN Online: News, Opinion, Arts & Entertainment.


Topic: Social Security

On Being a Widow

 

CommentaryClarksville, TN – If your marriage has been happy, as ours was for the 23 years we were together, the idea of being a widow is not one you ever want to encounter.

My husband’s health had been deteriorating for 12 years but death was not something we considered an immediate possibility. Life had another scenario in mind so on February 1st, I became a widow.

Although we had discussed what arrangements my husband wanted at his death, I had not fully comprehended what was facing me.

Coping with the loss of a spouse.

Coping with the loss of a spouse.

«Read the rest of this article»

Sections: Commentary | No Comments
 

Frazier Allen: Your Retirement Plan B

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Imagine this. You’ve spent decades working, saving and planning for your version of the ideal retirement.

But life decides to throw a little kink into your plans. Your company was just acquired, and your boss is now strongly encouraging you to take an early retirement – five years before you’re ready.

Take the time to design an alternative retirement plan should retirement come earlier than expected.

Take the time to design an alternative retirement plan should retirement come earlier than expected.

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen: The new Social Security claiming rules

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Growing up, many of us viewed Social Security as a continuation of our work income, something we’d automatically receive upon retirement. Then reality struck, and we learned there’s more to claiming and receiving Social Security benefits.

So much more. And the strategies to maximize this important source of retirement income can be complicated.

One strategy, known as “file and suspend,” became popular among married couples. The higher earning spouse would file for Social Security benefits once he or she reached full retirement age (FRA) – and immediately suspend them.

Goodbye, File and Suspend. Now What? New rules eliminated this Social Security claiming strategy, but there are other options.

Goodbye, File and Suspend. Now What? New rules eliminated this Social Security claiming strategy, but there are other options.

«Read the rest of this article»

Sections: Business | No Comments
 


Clarksville Weekly Market Snapshot from Frazier Allen for the week of May 10th, 2016

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data were mixed, but generally consistent with moderately strong economic growth in the near term. Motor vehicle sales rebounded in April, from what appears to have been an Easter-related decline in March.

The ISM surveys split; manufacturing a bit softer, non-manufacturing a bit stronger. Nonfarm payrolls rose by 160,000 in the initial estimate for April, below the median forecast (+200,000), but not horrible (note that the economy added 1.057 million jobs before seasonal adjustment).

Frazier Allen

Frazier Allen

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen: Beware of Costly Surprises in Retirement

 

F&M Investment Services - Raymond JamesClarksville, TN – Achieving a successful retirement requires not only planning for what you want to go right, but also for what might go wrong.

Many investors have found that retirement can bring on unwelcome surprises, some of them significant enough to derail a retirement plan.

Healthcare Costs: Expert estimates of what a couple spends during retirement for healthcare range from $400,000 to well over $1 million.

Planning ahead can help you get the jump on some of these surprise costs.

Planning ahead can help you get the jump on some of these surprise costs.

«Read the rest of this article»

Sections: Business | No Comments
 

Frazier Allen lists 12 Resolutions for 2016

 

Start the New Year right by reviewing and revamping your financial plan.

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Instead of hauling out those familiar New Year’s resolutions about eating less and exercising more, how about focusing on something that’s also very good for you in the long run- and even sooner? We’re talking about your financial plan – your fiscal health, if you will.

The approach of 2016 is a great time to review your plan and make whatever revisions might be indicated. With that in mind, here are 12 suggested resolutions that, if followed, will go a long ways toward helping to ensure that your later years will be financially secure.

Frazier Allen

Frazier Allen

«Read the rest of this article»

Sections: Business | No Comments
 

Social Security, Just Who is Entitled

 

Clarksville, TN – The word “entitlement” means, in the legal sense, “a guarantee of access to benefits because of rights or by agreement through law.” The Social Security Act was signed into law under President Franklin Delano Roosevelt in 1935. Originally established as a safeguard after the Great Depression, Social Security is currently estimated to keep roughly 40% of all Americans age 65 or older out of poverty.

One of the provisions is social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA).

After some changes in the original law, Social Security now covers benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. «Read the rest of this article»

Sections: Commentary | No Comments
 


Frazier Allen reveals Savvy Social Security strategies

 

Consider these ideas to help you make the most of your benefits

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Alongside other sources of income, Social Security can be a critical component of your total retirement resources, so it’s important to consider ways to optimize the value it can bring.

After all, these payments account for up to 40% of most retirees’ income, according to the Social Security Administration (SSA), with savings, pensions and retirement accounts making up the rest. Here are a few things you (and your spouse if you’re married) should think about as you get ready to retire.

Social Security Strategies «Read the rest of this article»

Sections: Business | No Comments
 

Credo Amouzouvik speaks at the 106th Annual Lone Oak Picnic

 

Election 2014Cunningham, TN – U.S. House of Representatives District 7 candidate Credo Amouzouvik spoke at the 106th Annual Lone Oak Picnic held by the Central Civitan Club on Saturday, July 27th, 2014.

I am a war wounded veteran from Fort Campbell running for Congress in the 7th District of Tennessee. A fresh start and a new direction is what I am bringing to the table,” said Amouzouvik.

A fresh start and a new direction where our senior citizens are not beat up on. A fresh start and a new direction where social security is guaranteed to those who have worked hard their entire life,” stated Amouzouvik.

YouTube Preview Image «Read the rest of this article»

Sections: Politics | No Comments
 

IRS gives Tax Information for Students Who Take a Summer Job

 

Internal Revenue Service - IRSWashington, D.C. – Many students take a job in the summer after school lets out. If it’s your first job it gives you a chance to learn about the working world.

That includes taxes we pay to support the place where we live, our state and our nation.

Here are eight things that students who take a summer job should know about taxes.

YouTube Preview Image

«Read the rest of this article»

Sections: News | No Comments
 


Page 1 of 41234

Personal Controls

Archives