Headlines
Job Assistance From Social Security
Social Security, by it’s nature, has frequent interaction with employers, many of whom are looking for employees. As a supplement to their “Ticket to Work” initiative, Social Security has announced availability of a “virtual career fair” to assist those who…
Income Taxes and Stimulus Payments – Are Your Payments Taxable?
It sure was nice for many of us – getting that pandemic-induced money we’ve come to know as “stimulus payments” last year. But now that the annual income tax season is in full swing, many are wondering whether that much-needed money…
“Musings of an aging codger” – The Social Security Administration today.
Tom Margenau is a normally upbeat, retired Social Security employee who writes a regular column dispensing important Social Security information in an entertaining manner. In this week’s column, Tom reflects back on his many enjoyable years with the Social Security…
The Minimum Wage Debate: More Viewpoints Surfacing
While the debate surrounding the $15 federally mandated minimum wage component of the $1.9 trillion COVID-19 relief bill moving through the House continues to evolve, and as the House digests the implications of the Senate parliamentarian ruling yesterday that the proposed wage hike does…
The Minimum Wage Increase and Social Security–Looking at the Implications
The potential for a $15 per hour federally mandated minimum wage is under heavy debate right now in Washington, and may or may not make its way into law soon. If it were to be enacted, many analysts focused on the Social…
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…