Planning on retiring soon? Maybe not entirely! There are ways to still work part time and earn enough so as not to touch social security too soon, while still having enough time to travel and have fun. See this article by Donna Rosato in Money for some ideas on how to stretch retirement money: time.com/money/4037379/work-retirement-have-fun So keep working part or full time as long as you want – get ideas from this list and you will have something to do in retirement and I have noticed that those who keep busy in retirement keep going a lot longer. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa
Financial Musings of a Burbank CPA: The way you use your credit card will start to change
Hey, there is going to be a change in your credit card soon. They are going to put a chip in its brain (kind of like chipping your dog, except this will help prevent fraud.) See this post in Business Insider by Kathleen Elkins for more info on how these new cards will change the way you pay for items: www.businessinsider.com/why-the-us-is-adopting-emv-technology-2015-9 You will no longer swipe your card so the magnetic strip gets read. Now you will ‘dip’ the chip to have your card read. It will dramatically prevent cards being cloned and stolen that way. The problem is it will be some time before all the card readers in stores will be updated to read the chips, but eventually there will be a new level of security here. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa
Financial Musings of a Burbank CPA: Social Security check disappears because of old student loan
If you have an old student loan you defaulted on, don’t be surprised if The Department of Education starts taking part of your social security check to pay it off. Look at this article by Jillian Berman in MarketWatch for more details on this: www.marketwatch.com/story/when-your-social-security-check-disappears-because-of-an-old-student-loan-2015-06-25 As unfair as this might be, just remember that you took out a loan for college and it is fair to expect the government to want that loan to be paid back. There may be some remedies as the article says, but a debt is a debt and this may be the best way to get rid of it unless you can make a better deal with the Department of Education. For financial, accounting and tax musings, You can count on us to count for you! Email: bstonercpa@sbcglobal.net Phone: 818-317-6035 Website: www.briantstonercpa.com Android and the IPhone: Has been Featured On https://twitter.com/bstonercpa