Cash Flow Planning for Life - Helping you reach your personal & professional financial goals.

Cash Flow Planning for Life

Helping you reach your personal & professional financial goals.

When will Social Securityyou be eligible to collect your benefits?

Have you reviewed your Social Security Benefits Statement recently? 

What age is going to work best for you to start collecting your benefits – age 62, your full retirement age or age 70?

Nowadays, the subject of planning for your retirement is something that is frequently discussed.

Especially the age you should start collecting your social security benefits. Each expert has their opinion.

Deciding when to begin receiving your benefits can be a complicated decision. A decision that you shouldn’t take lightly.

Read the rest of this entry »

Social Security – 7 Easy Tips

Posted by Mark On June 4th

Do you understand how social security works? Are you planning for your retirement? Do you know when you’ll want to start collecting your social security?

Social Security

The Social Security Act was signed into existence in 1935. At that time, the full retirement age was 65 and life expectancy was only 62. Things have changed. People are living longer, and it’s easy to understand why the social security trust fund is struggling. It is now set up with different retirement ages.

Read the rest of this entry »

I would like to take this opportunity to say “Thank You” to our clients and our web followers of Makara & Associates. This month marks our company’s 5th Year Anniversary. We could not have achieved this continued success without the support of our clients and people like you.

Due to this continued growth, I am happy to announce that we have welcomed two new staff members to our team at Makara & Associates. We would like to introduce you to Stan English and Theresa Cosey. Please feel free to contact them at any time with questions regarding your tax returns or other accounting needs.

As we advance into 2012, the staff at Makara & Associates is continuing to find ways to ensure that you receive unparalleled customer service. In addition to increasing our staff, we have also created online resources which provide you with information and answers to your questions, 24 hours a day, 7 days a week.

Some of these resources include a new website, www.Makara-Assoc.com. This website provides you with in-depth information about various services that are available to you through Makara & Associates. It also includes a “Learn More” page, which outlines common questions about accounting practices, payroll, tax planning, controllership, Social Security, Quickbooks, and much more, providing you with comprehensive answers to these questions. In addition, we have also implemented a Blog site, www.cashflowplanningforlife.com, which further provides tips and informational resources about everything to do with accounting and financial stability for you, your family, and your business.

Again, we thank you for your continued loyalty to Makara & Associates, your referrals, and for your help in making the past 5 years a success. We look forward to many more to come!

Wishing you and your loved ones a wonderful Holiday season and a happy, prosperous New Year!

Sincerely,

Mark Makara and the Staff at Makara & Associates

P.S. You can also connect, follow, or like us on:

You may want to know…

This is the 6th tip in our series entitled “The Nuts & Bolts of Social Security in 7 Easy Tips.”

…what exactly the social security death benefits are.

Read the rest of this entry »

So you’re still a little confused about…

This is the 5th tip in our series entitled “The Nuts & Bolts of Social Security in 7 Easy Tips.”

…your social security planning?

Read the rest of this entry »

Over the last few blog posts, I’ve reviewed important year-end information for you.   Now we’re back to our “Nuts & Bolts of Social Security” blog series…

Social security benefits may be taxable…

This is the 4th tip in our series entitled: “The Nuts & Bolts of Social Security in 7 Easy Tips.”

…based on your modified adjusted gross income.

Read the rest of this entry »

While working in retirement is becoming more common…

This is the 3rd tip in our series entitled “The Nuts & Bolts of Social Security in 7 Easy Tips.”

…be aware that earnings above certain limits will reduce future benefits until you reach full retirement age.

Read the rest of this entry »

Knowing your full retirement age is the first step…

This is the 1st tip in our series entitled “The Nuts & Bolts of Social Security in 7 Easy Tips.”

…in planning when to start receiving your social security benefits.

Read the rest of this entry »