What’s not as widely known is that spouses of workers may also be eligible to receive Social Security, even if they themselves never pay Social Security taxes.
Bayside, N.Y. (PRWEB) June 14, 2012
Personal Finance expert Walter Edelstein, CFP® is providing updated financial information and advice on several important topics including retirement advice on choices consumers can make about spousal Social Security benefits and banking advice on how consumers can make better use of their checking accounts. TheAdvice.com Personal Financial Site Network continues to provide consumers with free information and easy to implement practical ideas to help them achieve their personal financial goals. Following is a summary of some of the new articles published on TheAdvice.com Personal Finance Site Network.
Even as the discussion surrounding Social Security becomes increasingly rancorous, many retirees still rely on the program for a significant portion of their retirement income. In fact, because many people find themselves in a much worse position than they anticipated with respect to their retirement nest egg, Social Security payments sometimes represent a necessary element of their retirement planning process.
Most people already understand that a person becomes eligible to receive Social Security benefits by working and paying Social Security taxes. But according to Mr. Edelstein, "What’s not as widely known is that spouses of workers may also be eligible to receive Social Security, even if they themselves never pay Social Security taxes." This articles describes the spousal Social Security benefit and provides advice about choices consumers can make to get the most of that benefit.
Checking accounts are essential to managing day-to-day personal finances. Consumers deposit most or all of their paychecks into checking accounts, and use that account to pay bills, manage household finances and conduct practically every other financial transactions that is done.
Given how important checking accounts are, it’s a bit surprising that consumers don’t always do the right things when it comes to how they manage them. According to Edelstein, "People make far too many mistakes when it comes to their checking accounts, and while the consequences of a single mistake might not be too serious, the total effect of multiple mistakes over time can be quite significant." This article highlights some of the mistakes that can be avoided if consumers follow some simple steps.
About TheAdvice.com Personal Finance Site Network
TheAdvice.com Personal Finance Site Network was launched in 2009, and since then has provided consumers with hundreds of free articles and financial tips across a broad array of personal finance topics. Several of the sites in TheAdvice.com Personal Finance Site Network include:
Credit Card Advice – where consumer can learn how to establish credit, protect credit, choose the right credit card, and unlock the secrets of a credit report.
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Mr. Edelstein has financial experience that spans over thirty years. It includes being a Certified Financial Planner™, having a Master's Degree from Columbia University, and having served as Chief Marketing Officer for a major online bank where he honed his online marketing skills to help consumers achieve their financial goals.
TheAdvice.com proudly reaches out with this network of personal finance websites to help individuals and families discover the path to financial knowledge.