Practical guides on "Social Security and retirement". Plain language, with examples for the Polish community in the USA.
How the agreement between Poland and the USA (since March 1, 2009) allows for the combination of work periods, where to apply for a pension from ZUS and SSA, how payments are made abroad, and how Social Security is taxed in Poland (in both countries, with a deduction for tax paid in the USA).
A comparison of Roth IRA and Traditional IRA according to the rules for 2026: contribution limit of $7,500 ($8,600 for 50+), income limits for Roth and deductions, tax-free withdrawals, RMD starting at age 73 or 75, conversion, and caution with backdoor Roth.
Survivor benefits from Social Security: 71.5% from age 60 to 100% only at full retirement age, 50% for disability, and 75% for caregivers of children under 16; remarriage after age 60 does not affect benefits.
When to start minimum withdrawals from IRA and 401(k): 73 years for those born between 1951–1958, 75 years for those born in 1960 or later. How to calculate RMD from IRS tables, deadlines, QCD up to $111,000, and a 25% tax (10% for quick correction) for failure to withdraw.
SSI is federal assistance from the SSA for individuals aged 65 or older, blind, or disabled with low income and assets up to $2000 (couples $3000); in 2026, the rate is $994/month for individuals and $1491 for couples, with immigrants typically needing 40 work quarters and 5 years in the USA.
Who receives Social Security benefits after a deceased spouse (widow, ex-spouse, children, parents), how much it amounts to (71.5%–100%), the deceased's work history, a one-time payment of $255, applications from Poland through ZUS or FBU, the end of WEP and GPO, and taxes: 25.5% in the USA and reporting in Polish PIT.
Learn how to identify scammers impersonating Social Security Administration employees, recognize warning signs, and protect yourself from phone scams.
Learn how to identify phone scams impersonating Social Security, understand the scammers' techniques, and how to protect yourself from their threats.
Learn how to perform a Roth IRA conversion while avoiding out-of-pocket tax payments, discovering strategies to maximize tax-free growth.
Do you have $1.1M in your retirement accounts and are wondering if you can retire? Learn how to apply the 4% rule and what factors may influence your decision.
Planning for retirement in 15 years? Learn how to prepare financially to enjoy a peaceful life after your career ends with these key steps you should take today.
Learn how to effectively plan retirement income by combining various sources such as Social Security, pension, 401k, IRA, Roth, and Polish ZUS to achieve financial stability in retirement.
Learn how spousal benefit works in Social Security, what the requirements are, and how to calculate your benefits. A guide for Poles in the USA to maximize their retirement rights.
Learn how to best utilize Social Security benefits as a couple, including strategies like claim-and-switch and benefit optimization for widows and widowers.
Are you wondering when is the best time to start receiving retirement benefits? This guide compares early, full, and delayed benefit options to help you make the best financial decision.
Considering when to start collecting Social Security benefits? Learn about the differences between early, full, and delayed collection, as well as factors to consider.
Learn how to effectively manage your retirement funds to avoid high Required Minimum Distributions (RMDs) after age 73, and discover strategies you can implement in your 60s.
Did you know that a high balance in your 401(k) account can become a tax issue after age 73? Learn how to minimize taxes with strategies such as Roth conversions and QCDs.
Are you considering a Roth IRA conversion after age 65? Learn when such a decision may be beneficial, especially in the context of large pre-tax balances and estate planning.
Are you planning a Roth conversion? Learn how it may affect your Medicare premiums and taxes, understand the costs associated with IRMAA, and avoid unpleasant surprises.