As most of us know, people accidentally ruin their finances all the time. It’s unfortunate, but it happens. And it’s not something that only occurs with younger adults — even seniors often fall culprit to financial errors. If it’s easy for adults to make money mistakes, imagine how easy it could be for a college kid. Here are 13 potentially disastrous financial blunders you can help your college student avoid.
Read more
Spousal benefits are probably the most misunderstood Social Security benefit. Ex-spousal benefits may seem even more convoluted. Here is a summary of requirements to file for ex-spousal benefits. To be eligible to collect an ex-spousal benefit: (1) your ex-spouse must be living. (2) you need to be single, (3) you need to be at least 62, (4) you must have been married 10 years or more and (5) the ex-spousal benefit must be greater than your own worker benefit. Keep reading for additional considerations:
Read more