Social Security Serves Those Who Serve Our Nation

Nancy Altman, writing in Forbes, explains how the Social Security program is important to military veterans, mainly through the Disability portion of the program (SSDI).  More than 600,000 veterans, many of whom were seriously injured in combat, receive Social Security disability…

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A Bold Plan to Strengthen and Improve Social Security?

Dean Baker, co-director of the Center for Economic and Policy Research, gives a favorable review to The Social Security 2100 Act sponsored by Rep. John Larson (D-CT).  The Act would raise payroll taxes and the amount of income subject to payroll tax in order…

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Happy Veterans Day!

This Veterans Day we proudly celebrate the service of all U.S. military veterans.  The holiday differs from Memorial Day, where we honor those who have died while in military service, and Armed Forces Day, where we honor those currently serving in the U.S. military. Veterans Day began…

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“What is Social Security?”

Understanding even the most basic elements of the national Social Security program is an elusive goal for many who will ultimately rely on the program for security in their later years. So, an article which clearly explains the history and…

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Some states tax Social Security income. Here’s a run down.

Where you live in retirement could affect whether your Social Security benefits, already subject to Federal Income Tax, will also be taxed by your State of residence. Seven states have no income tax at all on earnings, 2 states tax…

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“Ask Rusty – Using a Restricted Application to Maximize Benefits”

Dear Rusty: I was born on 1/14/1953, and my wife was born on 6/27/1954. I will have the largest Social Security benefit by 2 or 3 to one. She has been retired for a year or so, but I am…

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