In this episode of Friends Talk Financial Planning, we are joined by Denny Heywood, a former Social Security Administration (SSA) employee and consultant, to address public concerns about possible cuts to Social Security. Despite alarming media headlines, there are no current plans to cut Social Security benefits. However, without Congressional action to sustain trust funds, reduced payouts could occur around 2032. Denny explains that potential future fixes may include: 1) R

File now to claim your social security benefit - Don't wait, you could be owed thousands! In this episode of Friends Talk Financial Planning, we are joined by Dennis Heywood, a Social Security expert with over 30 years of experience at the SSA. We discuss the major changes brought by the Social Security Fairness Act, passed in late 2024, which eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These changes mean increased Social Sec

Tax changes post election - what can you expect and how can you prepare for these changes? Join us this week as Bridget and John discuss the potential impact of the recent election on personal finances, particularly taxes. Tax Changes: What to expect under the new political landscape. The Trump-era tax cuts, which were set to expire in 2025, could lead to tax adjustments or possibly nothing at all. Republicans might push for certain tax cuts, but the tax laws could remain un