Work & Retirement

Work & Retirement

Social Security Q&A

There are certain questions regarding Social Security that keep coming up. Here are a few, along with the answers to help you take the next step in your decision-making. ...
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Puzzled About Social Security? You’re Not Alone

Social Security understands that unexpected changes may occur after you begin receiving retirement benefits. If you change your mind, you may be able to withdraw your Social Security claim and reapply at a future date. ...
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Do Surviving Spouses Have a Right to Your Retirement Accounts?

If you have an IRA and want your spouse to be its beneficiary, you have to specifically name your spouse as a beneficiary. If you have a 401(k) and want your spouse to be the beneficiary, you should still fill out a beneficiary designation form, naming your spouse. ...
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Changing Your Name on Your Social Security Card

To change your name in our records, you must provide Social Security with documents proving your legal name change and identity. If you are a U.S. citizen, you also must provide our agency with documentation proving your U.S. citizenship. You must present original documents or copies certified by the agency that issued them. We can’t accept photocopies or notarized copies. ...
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Volunteering: The Ultimate Gift of Time

By Traci McBride

Everything in life comes with its own inventory of pros and cons, especially how you decide to spend your time and efforts in volunteerism. Creating your own list of positives and negatives is good advice before starting any long- or short-term commitments.  

Strike up a conversation with someone who volunteers on a regular basis and ask about their experience. It can give you a good perspective and direction on organizations that match your belief system and interests. Your time is priceless; giving it with joy is selfless and satisfying.

 

Let’s Start with the Cons of Volunteering

Time commitment

Costs of travel/food

Unappreciative recipients of your efforts

Personality conflicts

Personal energy expenditure

Potential of choosing the wrong organization

Emotional drain when engaging with those in difficult life situations

 

And Now the Pros…

Staying active & engaged extends to graceful aging

Influencing another human being can be life-saving

Practicing or elevating your skill set

Mastering time management

Experiencing an organization from the inside

Socializing while creating new friendships with like-minded people

Increasing self-esteem & confidence

Creating the ripple effect in your community & in other people

Inspiring friends and family to get involved

Rewarding effect of aligning with a non-profit that touches you on a personal level

Spearheading ideas inside the organization                     

Source: CharityNavigator.org 

 

Traci McBride of TeeMcBee.com has passionately been a volunteer with Dress for Success – Cleveland since 2008.

 

Our Volunteer Salute

Meet NEO’s Givers

What better way to kick off the season of giving than recognizing some of our region’s most impressive volunteers? No other age group gives as much of its time, talent and energy as Boomers. We want to introduce you to a few outstanding givers recognized by our readers and provided by Greater Cleveland Volunteers (greaterclevelandvolunteers.org). 

 

Meet: Gail Tichy 

Where: Cleveland Metroparks

A retired federal worker, Tichy inherited a love of gardening from her grandmother.

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Seasonal Work & Social Security; Understand the Rules

You can get Social Security retirement or survivors benefits and work at the same time. But if you’re younger than full retirement age and earn more than certain amounts, your benefits will be reduced, although not dollar for dollar. Your benefits may increase when you reach full retirement age. Check the Social Security guidelines so there are no surprises. ...
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Free Up Your Time by Using My Social Security Online

 


Time is one of our most valuable commodities. That’s why at Social Security, we are constantly improving our online resources to make doing business with us easier and faster.

With a My Social Security account, those receiving benefits can change their address and direct deposit information; get proof of their benefits; and request replacement documents, like a Medicare card. If you aren’t currently getting benefits, you can check your earnings record, get estimates of your future benefits, and view your Social Security Statement. In many states, you can even request a replacement Social Security card online. See everything you can do with a My Social Security account and open one today and at socialsecurity.gov.

You don’t need a My Social Security account to:

Select or change the way you receive information from Social Security if you are blind or visually impaired at socialsecurity.gov/people/blind.

Block electronic and automated telephone access to your personal information at socialsecurity.gov/blockaccess

Apply for extra help with your Medicare prescription drug plan costs at socialsecurity.gov/extrahelp.

Be sure to share my Social Security with friends and family. By freeing up their time, they may plan on spending more of their valuable time with the people they love.   

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3 Reasons Why Social Security is Important for Women

In the 21st Century, more women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. Yet, on average, women face greater economic challenges than men in retirement. 

Nearly 55 percent of the people receiving Social Security benefits are women. Women generally live longer than men, while often having lower lifetime earnings. And women usually reach retirement with smaller pensions and other assets compared to men. These are three key reasons why Social Security is vitally important to women. 

If you’ve worked and paid taxes into the Social Security system for at least 10 years and have earned a minimum of 40 work credits, you may be eligible for your own benefits. Once you reach age 62, you may be eligible for your own Social Security benefit whether you’re married or not and whether your spouse collects Social Security or not. If you’re eligible and apply for benefits on more than one work record, you generally receive the higher benefit amount.

The sooner you start planning for retirement, the better off you’ll be. We have specific information for women at socialsecurity.gov/people/women. Email or post this link to friends and family you love.

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