Headlines
Social Security: Continuing to “Kick the Can Down the Road”
In this opinion piece by syndicated columnist Sid Salter appearing in The Daily Leader (MS), the author laments how this year’s election rhetoric was strangely void of substantive plans to resolve the financial woes facing both Social Security and Medicare.…
Coming Back to Life After Incorrectly Declared Dead by Social Security
According to the Social Security Administration, they process nearly 3 million death reports per year, and less than 1% of those require any adjustment once recorded. But that’s small consolation for anyone who has been erroneously reported as “deceased” by…
Fundamentals for When to Claim Social Security
Deciding when to claim your Social Security benefit is often perplexing and frustrating. There are many different rules which apply, and several different scenarios which should be considered by most individuals, and the options are even greater for married couples. In this…
When your values are clear, your retirement decisions are easy
Retirement planning is changing. With people living longer and thriving well into their 80’s and even 90’s, retirement is taking on a whole new meaning. For some, looking to transition into the retirement phase of life, their biggest concern is…
Helping workers save $25 a week would boost retirement savings and state’s fiscal position
Usually, retirement income is generated from a variety of sources: Social Security, personal savings, and employer-sponsored savings plans, this ensures workers a sound financial future. However, for many Americans, they are missing part(s) of these retirement income sources. More than…
The Securing a Strong Retirement Act
The Ways and Means Committee Chairman Richard E. Neal (D-MA) and Ranking Member Kevin Brady (R-TX) introduced the Securing a Strong Retirement Act of 2020, bipartisan legislation to help a greater number of Americans successfully save retirement. The Securing a…
These four themes have a greater impact on your retirement than the election
According to business experts, regardless of who wins the presidential election, the retirement industry will face four big issues that will affect planning and coverage. Professor Jeffrey Brown, dean and professor of business at the Gies College of Business at…
Are you making these assumptions about your Social Security benefits?
It is estimated that 21 percent of married couples and 44 percent of single older adults rely on Social Security for 90 percent or more of their income according to the Social Security Administration. So, no matter how diligently you…
Setting the Record Straight on President Trump and Social Security
While the Democrat platform measures on Social Security have been fairly clear about increased benefits and the corresponding tax increases to fund them, President Trump’s comments have been a bit more circumspect. One of the President’s most consistent proclamations has…
Social Security Income Tax and the Double Taxation Issue, Again.
The issue of taxing Social Security benefits is a frequently recurring item in discussions on the program’s need for reform. As incomes rise, and since the thresholds for taxation are not indexed to compensate for this rise, more and more…