Headlines
Social Security delays identification verification requirements.
Social Security is delaying the new identification requirements for when you apply for Social Security benefits or Medicare until April 14th, 2025. Disability, Supplemental Security Income (SSI), and Medicare applicants will still be able to verify their identity over the…
Social Security resorts to the old rule of collecting overpayments March 27, 2025.
Social Security recipients currently on a repayment plan which only requires you to pay no more than $10 or 10 percent of your benefit per month, will not be affected by this change. Beginning on Thursday, March 27th, 2025, you…
Planning for beginning your Social Security benefits
When you are ready to start your Social Security benefits you have to plan on a month without a payment. Social Security pays one month behind. For example, if you start your benefits in June, you won’t receive your first…
Healthcare costs in retirement
The cost of healthcare can be challenging at any age; however, in retirement, potential healthcare needs and out-of-pocket costs could narrow your options when it comes time to pay the bills. The Jackson National Life Insurance company released a new…
Fighting Social Security Fraud Surprisingly Controversial
When did efforts to fight fraud become a political “hot potato?” Well, don’t let it ever be said that even the most obvious improvement plan is immune to political criticism, because that seems to be exactly what is happening now.…
A Realistic Perspective on Reducing Social Security Fraud
Most media accounts of recently announced Social Security changes have been met with criticism by reporters, liberals, and anyone else wishing to label the Administration’s fraud and waste reduction efforts as misguided. But reality is that nearly $72 billion in…
Private Investment Accounts to help with Social Security Insolvency?
Larry Fink has proposed a reform of Social Security which includes the integration of private investment accounts. Allocating a portion of Social Security taxes into private accounts could improve returns by linking them to financial market gains. Hugh Cameron for…
About Seniors and Social Security Disability
In this very informative article, a former Social Security employee discusses Social Security Disability Insurance (SSDI) benefits, and draws a comparison between another disability program known as SSI (Supplemental Security Insurance). The former is a program available to all working…
About not paying income tax on Social Security Benefits
President Trump has suggested that seniors should not have to pay income tax on their Social Security benefits, and (obviously) most seniors would agree. Some studies say that eliminating income tax on Social Security benefits would provide a welcome $3,000…
The Current Focus on Social Security: A Source of Considerable Angst
Despite repeated promises that the Trump Administration’s current focus on Social Security operations does not include benefit cuts, an Investor Business Daily report by Adam Shell suggests “Social Security’s future is worrying everyone.” As Shell explains, the Department of Government…