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Susie's Tax EA Firm, Inc.

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Susie's Tax EA Firm, Inc.

We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through.

10/08/2026

Facts About Retiring in 2026 That People Aren’t Usually Aware Of

Missing Your Medicare Sign-Up Window Can Follow You for Years

Medicare isn’t something you necessarily want to leave until your 65th birthday to figure out. Most people get a seven-month initial enrollment period centered around the month they turn 65. Missing that window without qualifying for an exception can result in delayed coverage and, depending on the part of Medicare involved, late-enrollment penalties that can stick around. Putting the enrollment period on your calendar several months ahead of time is a lot easier than dealing with the consequences later.

Source: https://www.cheapism.com/15-facts-about-retiring-in-2026-that-people-arent-usually-aware-of/
Photo: fstop123/istockphoto

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Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

10/06/2026

Facts About Retiring in 2026 That People Aren’t Usually Aware Of

Medicare Doesn’t Cover Nearly as Much as You Might Think

Getting Medicare doesn’t mean saying goodbye to healthcare bills. Original Medicare generally doesn’t cover routine dental care, hearing aids, routine eye exams for glasses, or long-term custodial care. Depending on what you need, those gaps can become significant expenses later in retirement. Some Medicare Advantage plans and other coverage may offer additional benefits, but retirees shouldn’t build a healthcare budget around the assumption that Medicare will pick up virtually every bill.

Source: https://www.cheapism.com/15-facts-about-retiring-in-2026-that-people-arent-usually-aware-of/
Photo: designer491 / iStockphoto

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Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

10/02/2026

Facts About Retiring in 2026 That People Aren’t Usually Aware Of

You Can Keep Working After You Start Social Security

Starting Social Security doesn’t require handing in your resignation. Retirees can continue working while receiving benefits, and once you’ve reached full retirement age, earnings from a job no longer reduce your Social Security benefit. Things get more complicated if you claim before full retirement age and earn more than certain limits. Still, anyone imagining a gradual transition into retirement should know that collecting Social Security and having a paycheck aren’t mutually exclusive.

Source: https://www.cheapism.com/15-facts-about-retiring-in-2026-that-people-arent-usually-aware-of/
Photo: Dragon Images/shutterstock

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Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

10/01/2026

Facts About Retiring in 2026 That People Aren’t Usually Aware Of

Turning 65 Doesn’t Mean You’ve Reached Full Social Security Retirement Age

For decades, 65 has been treated as the retirement age, but that number now means different things depending on which benefit you’re talking about. Medicare eligibility generally begins around 65, while the Social Security full retirement age is 67 for people born in 1960 or later. You can still start collecting Social Security earlier, but doing so generally means accepting a reduced monthly benefit. In other words, Medicare enrollment and claiming Social Security should be treated as two separate decisions.

Source: https://www.cheapism.com/15-facts-about-retiring-in-2026-that-people-arent-usually-aware-of/
Photo: PIKSEL – istockphoto

==========

Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

09/25/2026

8 brutal truths about retirement.

8. Downsizing Isn’t Always the Solution

Downsizing in retirement might seem reasonable—after all, you’re an empty nester, and if you’ve lost a spouse, you probably don’t need a huge house just for yourself. But there are several reasons to think twice. With rising mortgage rates, you could end up paying more for a smaller home than you currently do. The real estate market is tight, so finding a smaller, affordable place might be challenging even if you sell your home for a good price.

Source: https://www.cheapism.com/brutal-truths-about-retirement/
Photo: sturti/istockphoto

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Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

09/23/2026

8 brutal truths about retirement.

7. Spouse’s Death Can Wreck Finances

Nobody wants to think about the death of a spouse, but when it ultimately happens, you’ll want to be prepared. When your partner dies, it will not only be an emotional blow but a financial one as well. You’ll lose one of the two Social Security benefits, and you might also stop receiving a pension if your spouse was getting one. Additionally, you could find yourself in a higher tax bracket when filing as a single person.

Source: https://www.cheapism.com/brutal-truths-about-retirement/
Photo: People Attending a Funeral Outside With Light Brown Wooden Casket, Rainy Weather by Felip1 ((CC BY-NC))

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Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

09/21/2026

8 brutal truths about retirement.

6. You Might Outlive Your Savings

More than 50% of Americans over 50 are worried that they might live longer than they can afford to, with only 17% feeling confident they might keep their lifestyle in retirement, according to a recent survey from the Transamerica Center for Retirement Studies.

Source: https://www.cheapism.com/brutal-truths-about-retirement/
Photo: FG Trade/istockphoto

==========

Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

09/18/2026

8 brutal truths about retirement.

5. Early Social Security Claim Reduces Benefits Permanently

Claiming Social Security benefits early can seriously reduce your monthly payments. Let’s say you were born in 1962 and choose to start benefits at age 62 in 2024 — your monthly payment would be permanently reduced by 30%. To receive the full benefit amount, you should wait until your retirement age, which is 67 for those born in 1960 or later. Each year you delay claiming, the reduction lessens.

Source: https://www.cheapism.com/brutal-truths-about-retirement/
Photo: whyframestudio/istockphoto

==========

Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

09/16/2026

8 brutal truths about retirement.

4. Healthcare Will Be Your Biggest Expense

Another retirement hard truth that many retirees are not prepared to hear is that healthcare can take a huge bite out of your retirement savings. According to Fidelity Retiree Health Care Cost Estimate, the average 65-year-old retiree might need around $165,000 just for healthcare expenses. Moreover, these expenses are expected to rise by 5.6% annually through 2032, making it vital to plan ahead. Medicare does help but doesn’t cover everything, especially long-term care. To stay safe, you should use a Health Savings Account (HSA), explore supplemental insurance like Medicare Advantage or Medigap, and try to stay proactive with regular checkups and manage a healthy lifestyle.

Source: https://www.cheapism.com/brutal-truths-about-retirement/
Photo: Opened Bottle of Prescription Pills Spilled on U.S. Dollar Bills by Images Money ((CC BY))

==========

Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

09/14/2026

8 brutal truths about retirement.

3. Social Security Won’t Cover All Your Needs

One of the most common mistakes retirees make is relying too heavily on Social Security, but the reality is it will cover only about 40% of your pre-retirement income. The Social Security Administration assumes this based on an average income of $44,000.

Source: https://www.cheapism.com/brutal-truths-about-retirement/
Photo: LPETTET/istockphoto

==========

Doing your own taxes should be simple. But a simple mistake can cost you money and time! Let us help you.

Call Susie's Tax EA Firm, Inc. at 336.885.5320. Or visit our website for more info: https://www.susiestax.com/

Address

3710 N Main Street
High Point, NC
27265

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 12pm

Website

https://www.susiestax.com/

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