by Claudia Mott | May 22, 2020 | IRA, Retirement
Q. I was going to start withdrawing from my retirement savings after I turn 70 on June 15, 2020, but heard that the required age for withdrawals is now 72. I have $1,234 per month from Social Security. Should I let the retirement money grow? — Retired A. You’re... 
by Claudia Mott | May 8, 2020 | Social Security
Q. My husband is 79 and I am 62. Should he pass away, can I claim survivor benefits and then switch to my benefits at my full retirement age or will my amount be increased? — Wife A. We hope your husband is around for a long time. Still, you’re smart to want to... 
by Claudia Mott | Mar 19, 2020 | credit card debt
Q. My dad passed away almost two years ago. We have been paying $10 a month on his credit card. My mom is on a fixed income. Is she responsible for the debt? The credit card company is saying we have to pay even though my mom never signed when my dad got this card. —... 
by Claudia Mott | Feb 28, 2020 | Social Security
Q. I applied for Social Security and got my first check in October 2019. Then I got a full-time job. So I called Social Security to suspend my benefits. If I restart benefits when I reach full retirement age at 66 and two months, would I get the same benefit amount I... 
by Claudia Mott | Jan 23, 2020 | Social Security
Q. I will be 66 years old in on Oct. 31, 2020. I have been on SSDI for three years and working part-time. I thought I was keeping my income under $1,180 per month for there were several times where we had three pay periods each month instead of only two. Even though I...