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RI Senator Wants to Exempt Social Security from State Income Tax  — NBC News

A Rhode Island State Senator has filed legislation, that would exempt Social Security income from the state’s personal income tax. The bill filed by Sen. Paul Fogarty, D – Burrillville, would also exempt $25,000 of income received from public and private…

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AMAC Hosts Social Security Roundtable in Washington

Today, beginning at 9:30 am in the Congressional Meeting Room North, Capitol Visitor Center in Washington, the Association of Mature Americans (AMAC) is hosting a discussion to evaluate viable solutions to save and strengthen Social Security. AMAC Founder and CEO Dan…

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Low Gas Prices Endanger Social Security COLA  — San Antonio Express News

In mid- to late October, the Social Security Administration will announce its cost-of-living increase for benefits paid to eligible seniors for 2016. For the third time in seven years, the increase might be a big fat zero. The years 2010 and 2011…

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Amp Up Your 401(k) No Matter How Much You Earn  — Fox Business

What’s the number one concern of most retirees? Running out of money. It’s the natural consequence of our expanding life expectancy….For decades the financial services community has implored us to “Save More!”  The reality, however, is that whether you’re in…

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NFDA to Congress: Help Social Security Recipients and War Heroes  — connectingdirectors.com

When members of the National Funeral Directors Association (NFDA) are in Washington, D.C., next week, they will urge their elected representatives to pass legislation that will help the families of social security recipients and fallen service members honor their loved…

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“Can I switch from my own benefit to spousal benefits?”

Complete Question: I’m 62 years old and I started collecting Social Security, which is $900 per month. My husband is 70. He started his benefits at full retirement age and at that time, his benefit was $2,500. After I filed…

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