Earnings Archives - DR News - News, Retirement, Finance

CVS Stock Targets Revised After Aetna Medicare Advantage Earnings Plunge: Analysts React

Detroit, Michigan – Analysts are revising their stock targets for CVS following a significant drop in earnings for Aetna’s Medicare Advantage plans. The plunge in profits has prompted a reassessment of projections and expectations for the healthcare giant moving forward. Aetna, a subsidiary of CVS Health, experienced a decline in earnings related to its Medicare Advantage offerings. This development has raised concerns among industry analysts about the company’s financial prospects and performance in the coming …

Earnings Test Dilemma: Older Husband Seeks Guidance for Working Wife’s Social Security

Washington, D.C. – An older husband seeking guidance with his working wife on how to navigate Social Security benefits was the subject of a recent inquiry to AMAC Certified Social Security Advisor Russell Gloor. The couple was grappling with the idea of using the wife’s Social Security benefits to manage their credit card debt while she continues to work. The husband, aged 74 and retired, receives Social Security benefits and pensions to sustain their lifestyle, …

Social Security Earnings Limit: What You Need to Know Before Taking a Work-at-Home Position

Denver, Colorado – As individuals approach retirement age, many find themselves facing tough decisions about when to start claiming Social Security benefits and how continuing to work may impact their benefits. A 63-year-old individual in Denver, Colorado recently sought advice on whether they could apply for Social Security and still work, expressing concerns about potential limitations on their hours and earnings. Understanding the complexities surrounding claiming benefits early and working can be crucial in making …

Social Security Retirement Benefits and Income Discrepancies Following Career Earnings: What to Know

Hartford, Connecticut – Income disparity is a pressing issue that persists throughout the working world, extending into the realm of Social Security retirement benefits. This government-run pension program is designed to provide financial assistance to individuals once they reach retirement age. Earnings during one’s career play a significant role in determining the amount of benefits one may receive upon retirement. As such, those in lower income brackets can expect to receive smaller Social Security benefits …

Earnings, Benefits, and Taxes: Key Changes to Social Security in 2024

Albany, NY – Social Security, a program with a long history, has seen significant changes in 2024 that may impact both current recipients and future beneficiaries. From benefit increases to changes in earning limits, here are some key updates to be aware of. One notable change in 2024 is the 3.2% cost-of-living adjustment for Social Security recipients. While this increase is lower than the previous year’s 8.7%, it reflects a decrease in inflation rates, benefiting …

Social Security Full Retirement Age: How New Rules Impact Earnings in 2024

Phoenix, Arizona – Understanding your Social Security Full Retirement Age (FRA) is crucial for planning your retirement benefits. The FRA, determined by the year of your birth, ranges from 65 to 67. For individuals born between 1938 and 1942, FRA is 65 with additional months. Those born between 1943 and 1959 have an FRA of 66 with additional months, while those born 1960 or later have an FRA of 67. There are two main reasons …

Social Security Earnings Record: How to Ensure Accuracy and Protect Your Benefits

MARYVILLE, Missouri – Social Security is an essential benefit that individuals earn through their work history. It is crucial to regularly review your earnings record to ensure accuracy, as any inaccuracies could result in significantly reduced future benefit payments. Even a single year of unreported work earnings by an employer can lead to a substantial loss in retirement or other entitled benefits. As time passes, it becomes increasingly challenging to access past tax documents, and …