Tag: monica ochoa

myRA & my Social Security Help Secure Your Retirement

Monica Ochoa writes Social Security Today column in 50 Plus Marketplace News for northern Colorado seniors

Achieving Ÿfinancial security is an important part of enjoying a satisfying retirement. Social Security has many tools to help you plan for your future. A great Ÿfirst step is to visit www.socialsecurity.gov/myaccount. With a my Social Security account, you get immediate access to your personal Social Security Statement, your earnings record, and an estimate of …

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Ex-Spouse Benefits, Taxes, And You

Monica Ochoa writes Social Security Today column in 50 Plus Marketplace News for northern Colorado seniors

By Monica Ochoa Mid-April features both Ex-Spouse Day and tax day. These two observances are extra important if you are an ex-spouse, because Social Security pays benefits to eligible former spouses. And, you may need to claim this income on your tax forms. If you are age 62, unmarried, and divorced from someone entitled to …

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Filing Taxes Just Got (A Little Bit) Easier

Monica Ochoa writes Social Security Today column in 50 Plus Marketplace News for northern Colorado seniors

By Monica Ochoa Now that it’s March, your annual tax filing deadline is fast approaching. If you receive Social Security benefits, one of the documents you need to file your federal income tax return is your Social Security Benefit Statement (Form SSA-1099/1042S). Your Social Security benefits may be taxable. This includes monthly retirement, survivor, and …

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When are Social Security retirement benefits paid?

Monica Ochoa writes Social Security Today column in 50 Plus Marketplace News for northern Colorado seniors

If you plan to retire soon, you are probably wondering when you will receive the monthly retirement benefits. Social Security benefits are paid each month. Generally, new retirees receive their benefits on either the second, third, or fourth Wednesday of each month, depending on the day in the month the retiree was born. If you …

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