Medicare Open Enrollment period starts today; here’s what you need to know  — CNBC

Medicare’s annual enrollment period runs from October 15th to December 7th, and this is the time when you can make any desired changes to your Medicare coverage, including your Medicare Advantage (Part C) plan or your Prescription Drug (Part D)…

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How baby boomers’ stark retirement choices are a lesson for Millennials  — FORBES

Almost 20 million working Americans between ages 55 and 64 do not have a pension and no money in a 401(k) retirement accounts. According to a recent Gallup survey, it found baby boomer respondents indicated that retirement age plans are…

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Social Security’s cost-of-living adjustment (COLA) for 2019 will be 2.8 percent  — INVESTMENT NEWS

The Social Security Administration announced today that 63 million beneficiaries, including retirees, disabled workers and their eligible dependents and surviving family members, will receive a 2.8 percent increase in benefits next year, the largest annual cost-of-living adjustment since 2012. The increase would…

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Before you file for your Social Security benefits early, think about what you’ll be giving up  — THE MOTLEY FOOL

The average senior today collects roughly $1,400 a month in Social Security, but if you’re not smart about when you file for benefits, you could end up with a lot less. Although your benefits themselves are calculated based on your…

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How the Retirement Enhancement and Savings Act of 2018 will help employees of small businesses  — FORBES

Many economists believe that America is in the midst of a financial crisis – a retirement savings crisis. Despite all the positive economic news, statistics show that 14 percent of Americans have no money saved for retirement, while another 42…

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“Ask Rusty – Writer disagrees about the Social Security Trust Fund”

Dear Rusty: Sometimes words used have different meaning to others, like your recent article on the Social Security “Trust Fund.”  In a true trust fund monies are only used for a specific purpose. Our so-called Social Security Trust Fund doesn’t…

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