Categories
Retirement Planning

YES! TOMORROW! $2,000 STIMULUS CHECKS SENT NOW! 4TH STIMULUS CHECK UPDATE & STIMULUS PACKAGE NEWS! [Video]

In this video, we discuss a new introduction by a representative in Congress that would impact Social Security retirement, disability, SSDI, survivors and SSI benefits. Social Security retirement, Social Security disability, SSDI, and SSI beneficiaries need a massive Raise to Benefits to provide an equitable standard of living, with this new introduction, this would provide beneficiaries a higher benefit overtime and modify the calculation in which the cost of living adjustment is figured. This Would ultimately Raise benefits and help out many beneficiaries by offering more money per month and adjusting but if it’s higher to accurately adjust for the real cost of living for millions of beneficiaries Social Security retirement, Social Security disability, SSDI, survivors, and SSI benefits.This new introduction to the Social Security program would ultimately Raise Benefits, increasing Social Security benefits on an annual basis to better reflect the true cost of living and adjust accordingly. This will impact Social Security retirement, SSDI, SSI and survivors benefits. This is in accordance to the cost of living adjustment or COLA that Social Security Beneficiaries receive on an annual basis. Please make sure to subscribe and share this video with your friends, family, social media and check out any of the other videos here on the channel#SSDI #SSI #SocialSecurity #LowIncome #Retirement #Disability #SSA

Categories
Retirement Planning

7 Critical Updates to Social Security in 2022 [Video]

2022 is almost here and there are 7 things you need to know about Social Security!—LINKS—Sign up for email updates: https://lowincome.info/emailSave Money & Get Free Stuff: https://lowincomerelief.com—RELATED CONTENT—7 Surprising Secrets about Social Security Retirement Benefits Explained: https://studio.youtube.com/video/oWNPZ59O_7Y7 Easy Ways to Get Free Food for Seniors: https://studio.youtube.com/video/ZcEk4aJoiFg—CHAPTERS—00:00 Intro00:13 COLA00:45 Max Benefit Increased01:01 Max Earnings Increased01:36 New Retirement Age01:59 Max Taxable Earnings Increased02:15 New Earnings Requirements02:33 One Major Problem—ABOUT US—Low Income Relief is a free information service that connects low income people across America with benefits, programs and resources in their local communities. Basically, we help millions of people save money and get free stuff every year! —TRANSCRIPT—2022 is almost here and there are 7 things you need to know about Social Security!I’m Nicole from Low Income Relief, where we help millions of people save money and get free stuff. First, there is a COLA increase. If you receive Social Security benefits (including SSI and SSDI), you’ll see a 5.9% increase in 2022. That’s an average monthly increase of $92 for retired workers and $133 for people receiving SSDI. By contrast, the 2021 COLA was just 1.3%. Second, the maximum monthly Social Security benefit has increased. In 2022, the maximum benefit will be $3,345 per month. That’s an increase of $197 over the 2021 maximum. —TRANSCRIPT TRUNCATED—

Categories
Retirement Planning

How To Fix Social Security || Social Security Explained || Retirement Income Strategies [Video]

How To Fix Social Security || Social Security Explained || Retirement Income Strategies In this video I want to continue talking about Social Security and especially how to fix social security (This is not a political agenda video. Strictly retirement planning). We are talking about social security because it is a major aspect of your retirement income strategies and your retirement planning. Social security, medicare, & medicaid will make up 2.5 trillion dollars of the 2022 US budget. This is a HUGE piece of retirement money, BUT social security is in serious trouble. The government admitted that by 2033, the social security trust fund will be empty. In 2034, social security is estimated that it can only pay out 78% of your social security benefit. That is why we need to fix social security and protect your retirement income!How do we fix social security? Well in a perfect world the government would budget, cut spending, and appropriate funds to social security, but we don’t live in a perfect world. So, we have to fix social security with the rules that are in place for social security:1. Raise the Full Retirement Age for Social Security beneficiaries2. Raise Payroll Taxes (Least favorite option)3. Raise the Cap On Taxable Wages Keep in mind this is only social security. Medicare will be empty in 2026. Who pays for all this? Again, not a political statement, just asking for my retired and soon to retire clients. **Free Retirement Download: The Roadmap to Retirement:**https://yourfinancialekg.com/#download**To schedule your free virtual retirement and investment consultation with Drew, please select a day & time that works best for you: https://calendly.com/pearlwealthgroup/15-minute-phone-call ****Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. Please call me at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.**And PLEASE SUBSCRIBE, LIKE, & COMMENT!Other videos you might like:Big Social Security Increase in 2021: https://www.youtube.com/watch?v=0WoEI80SruM&t=12sMax 401k Contribution 2021: https://www.youtube.com/watch?v=288ivBvYgM0Retirement Planning & Retirement Income: https://www.youtube.com/watch?v=jUQytd4qAjgRetirement Savings & Retirement Investing: https://www.youtube.com/watch?v=CbwZSYKRpXs QUESTION — What retirement topics would you like us to cover on this channel? Pearl Wealth GroupDrew Blackston, CRC® & RFC®Office: 813-807-5060Info@pearlwealthgroup.comPearlWealthgroup.comGetting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!Gear Used In Video (Links are affiliate):Camera: https://amzn.to/3spQitzLighting: https://amzn.to/3iV1YROMicrophone: https://amzn.to/3xWtdQpGlass White Board: https://amzn.to/3iTMhdPKeyword Research: https://www.tubebuddy.com/YourFinancialEKG#retirementplanning #retirement #yourfinancialekg

Categories
Retirement Planning

Social Security & Retirement: Social Security Wont Be Able to Pay Full Benefits by 2034. SSI SSDI [Video]

Social Security & Retirement: Social Security Wont Be Able to Pay Full Benefits by 2034. SSI SSDI Across the country communities in the United States are now able to get access to resources to help them pay for things like food, rent, healthcare costs and much more. This is done through programs like: Food Stamps, Supplemental Nutrition Assistance Program, SNAP, Calfresh, Pandemic P-EBT , PEBT, Summer P-Ebt benefits, Social Security Disability, SSDI, Social Security Retirement, Supplemental Security Income, SSI, as well as things like California State stimulus checks, Golden State Stimulus check, Federal Stimulus, checks, Pandemic assistance, Unemployment Benefits EDD, Healthcare.gov, Medicare, Medicare Advantage, Medicare Supplement, Obamacare, Covered California, Bidencare, 1095a , FTB 3895, health insurance, health insurance exchange.But without a doubt, no matter how much money and help is available to Americans, Seniors and Retirees, these resources do not do any good for people, if they don’t know about them. That is why we are here to discuss the various government programs that are meant for those in our communities who need an extra bit of help to get back on their feet. Hopefully our video helps you better understand the help that is available for you, for the community , and for our friends , neighbors and family members. Please enjoy this video and don’t forget to like and subscribe if you find this video interesting, helpful or useful. Thank You!#Retirement #SocialSecurity #MichaelsMatters

Categories
Retirement Planning

Social Security Running out of Money || Social Security Benefits Explained || Retirement Income [Video]

Social Security Running out of Money || Social Security Benefits Explained || Retirement IncomeIn this video I want to discuss the new forecast showing Social Security running out of money in 2033. This is an update to last years Social Security forecast that showed Social Security running out in 2034. Here are some quick highlights from the video:-Primary Social Security fund for Retired Individuals will run out in 2033.-Social Security is expected to pay out more retirement income to retired individuals than it takes collects in 2021. -Old Age & Survivors Insurance Trust fund which provides Retirement Income to retired social security claiming individual’s will from out in 2033, Medicare in 2026. -Tax Revenue will only cover 76% of social security benefits after 2033.-Higher inflation and Social Security COLA increase in 2022 will also deplete Social Security faster than expected.-Retirement Income should be protected with tactical retirement investment and retirement income planning.**Free Retirement Download: The Roadmap to Retirement:**https://yourfinancialekg.com/#download**To schedule your free virtual retirement and investment consultation with Drew, go to https://yourfinancialekg.com/, or call 813-807-5060.****Please make sure you talk with your CPA, Financial Advisor, Retirement Planner, or Investment Advisor Representative, before implementing any content from this channel. Please call me at 813-807-5060 to go through your Retirement Income, Retirement Investments, or Retirement Plan in more detail.**And PLEASE SUBSCRIBE, LIKE, & COMMENT!Other videos you might like:Big Social Security Increase in 2021: https://www.youtube.com/watch?v=0WoEI80SruM&t=12sMax 401k Contribution 2021: https://www.youtube.com/watch?v=288ivBvYgM0Retirement Planning & Retirement Income: https://www.youtube.com/watch?v=jUQytd4qAjgRetirement Savings & Retirement Investing: https://www.youtube.com/watch?v=CbwZSYKRpXs QUESTION — What retirement topics would you like us to cover on this channel? Pearl Wealth GroupDrew Blackston, CRC® & RFC®Office: 813-807-5060Info@pearlwealthgroup.comPearlWealthgroup.comGetting you to Retirement, through Retirement, & protecting YOUR ability to stay in Retirement!Gear Used In Video (Links are affiliate):Camera: https://amzn.to/3spQitzLighting: https://amzn.to/3iV1YROMicrophone: https://amzn.to/3xWtdQpGlass White Board: https://amzn.to/3iTMhdPKeyword Research: https://www.tubebuddy.com/YourFinancialEKG#retirementplanning #retirement #yourfinancialekg