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Before lending money, a lender will want to know what the potential borrower's credit history looks like. For typical loans, you might get a better interest rate if you have a strong credit history. For payday loans, you're going to get a terrible interest rate no matter what, but they'll still check for potential major red flags before lending money. It ...


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To calculate the marginal benefit in retirement of a structure that includes FICA tax versus one that avoids it, first compute a marginal benefit from a given income amount that would be impacted by the business structure. Running alongside the following calculation instructions is an example based on $1 of marginal income and other various stated ...


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Yes, it does. https://www.ssa.gov/pubs/EN-05-10069.pdf if you’re younger than full retirement age, and earn more than certain amounts, your benefits will be reduced. The amount that your benefits are reduced, however, isn’t truly lost. Your benefit will increase at your full retirement age to account for benefits withheld due to earlier earnings. ...


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SSA: Getting Benefits While Working You can work while you receive Social Security retirement (or survivors) benefits. When you do, it could mean a higher benefit for you in the future. Each year we review the records for all working Social Security recipients. If your earnings for the prior year are higher than one of the years we used to ...


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Without the exact numbers, nobody can tell. Depending on their age difference, it can be advantageous to draw two independant payment, or tag one onto the other (take 'half of spouse'), or delay one and/or the other spouse's benefits. Without all the exact numbers, it is impossible to say which option is optimal. You can download a little program from the ...


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There are a lot of articles out there with of course, differing opinions. A common theme of many (HERE'S ONE) is that because Social Security grows at something near 8% a year from 62 to 70 (plus an occasional COLA bump) then you're better off withdrawing money from your IRA. By doing so, you'll get a much larger check from SS when you claim benefits. ...


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Depending on their life's income history, and their life expectancy, there is a large number of different possibilities which combination would be optimal. There is unfortunately no easy way to find the best option; that's why many companies have complex software that can calculate it for you (basically by brute-forcing through all options). A good plan to ...


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