Headlines
Where Do The Candidates And Parties Stand On Social Security?
Steve Vernon of Forbes provides an overview of where Joe Biden and Donald Trump are on Social Security reform. The political conventions start this week, and the Social Security program just turned 85 last Friday, August 14th, so the issue…
Widow’s Social Security Benefits
Tom Margenau worked at the Social Security Administration for many years. Now retired, he is a regular contributor of articles about Social Security and the program’s intricate regulations. His articles offer a unique “insider’s” view into how this complex American benefit program…
Stopping Social Security Benefits After Starting Them
Life sometimes deals out a bad card, such as losing your job before you’re ready to retire. When that happens, and if you’re eligible, you may be tempted to claim your Social Security benefits early, before you reach your full…
Saving For Retirement: A “Down the Decades” Guide
Nearly everyone knows that saving for retirement should start early, even in your 20s when you first start out on your chosen career. But simply saying “start saving early” doesn’t really offer much in the way of guidance on how…
Social Security Mistakes Could Cost You Big Time in Retirement
No question that Social Security is a complex program which sometimes bewilders those trying to decide when to claim. Everyone wants to “maximize” their benefit, but precious few want to do what’s necessary to achieve that. Similarly, many people make a…
More on the Payroll Tax Cut
President Trump’s announcement Saturday of a temporary suspension of payroll taxes for workers earning up to $100,000 annually has met with a flurry of rhetoric and conjecture on the details of the executive action. Front and center in the follow-up to…
Social Security could look a bit different next year
With nearly nine out of ten individuals age 65 and older receiving Social Security benefits, there is no program that bears more importance to the financial well-being of American’s seniors. Although the average retired worker is only bringing home a…
Retirement plans in a post-pandemic world
The economic shutdown as a result of the COVID-19 outbreak has drastically altered the retirement outlook and created many personal and financial challenges for some participants in company-sponsored retirement plans. With the stock market volatility and the drastically rising unemployment…
The resilience among U.S. retirees in contrast to younger generations
A new joint research project by Edward Jones and Age Wave found despite COVID-19’s severe health impact on aging adults, older Americans report they are coping far better both emotionally and financially than younger adults. The study of more than…
The retirement crisis playing out right before our eyes
Unlike prior recessions, the unemployment rate is higher among older workers than among younger ones. In the past, many older workers would have retired but since many have little or no savings; they continue to look for work. Furthermore, over…