McCullough & Associates Blog

Oct 17, 2017

Social Security Benefits to Increase in 2018

The Social Security Administration announced on Friday, October 13, 2017, that the monthly Social Security benefits for more than 66 million Americans will increase 2.0 percent in 2018. The 2.0 percent cost-of-living adjustment (COLA) will begin with benefits payable to Social Security beneficiaries in January 2018. This is the largest COLA we have seen since 2012.

Some other adjustments…

Oct 03, 2017

Reasons to Review Your Annual Social Security Statement Now

Did you know that determining whether your Social Security earnings record is correct falls squarely on your shoulders—not your current or previous employer(s) or the Social Security Administration? Making sure your information is accurate, and correcting mistakes on your record as soon as possible is critical because your Social Security record is the basis for the computation of your benefit amount…

Sep 26, 2017

Your Finances Need an Emergency Kit Too

When we think of emergency preparedness, flashlights, bottled water, and first aid kits immediately come to mind. While having a physical emergency supply kit on hand is an important first step when disaster hits, being prepared financially is just as critical for reducing stress and taking action when the unexpected occurs. Start by gathering important financial information and copies of documents,…