Headlines

National Institute on Retirement Security Study: Yes, There is a Retirement Crisis

ThinkAdvisor’s Ginger Szala, executive managing editor of Investment Advisor magazine, reports on the conclusions drawn from the National Institute on Retirement Security’s (NIRS) new survey. Although not necessarily a revelation to many, the study finds that “67% of respondents said they strongly or…

Social Security’s Solvency Dilemma: Drawing Closer and Closer

Social Security’s Board of Trustees will soon be issuing their annual assessment of where the program stands in relation to long-term financing, and it appears likely to some forecasters that the date for exhaustion of the program’s trust fund reserves will move…

An Argument in Favor of the Senior Citizen Tax

While efforts are underway in Congress to eliminate federal income tax on Social Security benefits, not everyone is in agreement. Amber Wallin, MPA, deputy director for New Mexico Voices for Children, takes an opposing view in a post on Las Cruces…

Pandemic reinforces need for savings & AMAC’s Social Security PLUS plan 

Next week (Feb 22-26, 2021) is America Saves Week.  If the global pandemic has taught us anything, we should hope that saving money is essential.  The savings Americans should have had in the bank but did not in 2020 greatly…

Spousal Benefits 101 – A Primer

Social Security is a complex program, and the myriad of rules and regulations are beyond confusing to a great many people.  Throw in the issue of spousal benefits, and we get to the almost incomprehensible.  But, Sarah O’Brien of CNBC breaks the…

A Time for Action on Social Security

President Biden and the 117th Congress will soon confront a Social Security program barreling toward financial insolvency whether either likes it or not.  Life expectancy has increased by 20+ years since the program started in 1935.  Biden campaign promises of increasing benefits will need a reality…

How does declining U.S. fertility affect housing sales, Social Security and college?

Lois Collins takes a fascinating look at Social Security through a sociological lens in this piece.  That birth rates are declining and have been for years is not really new news.  American women are predicted to average 1.78 children over the…

Today is Presidents’ Day.

Today is a federal holiday celebrated every third Monday of February in honor of George Washington, the first President of the United States, born on February 22, 1732.  The Uniform Federal Holidays Act of 1971 set its observance from February 15 to 21, inclusive. The day…

How to lessen the effects of COVID-19 on your retirement

The COVID-19 has changed everything from the economy, healthcare, and even our social interactions. Especially had hit has been retirees or those close to retiring. Why? Between the loss of jobs, dropping monetary value of retirement accounts, and the general…

The repercussions of 2020 may be felt for years to come

Due to the economic slow-down of 2020, those individuals turning 60 last year, may feel the repercussions for years to come. Why? “For those Americans who turn 60 in 2020 they may receive lower Social Security benefits when it comes…

Website by Geiger Computers