Headlines
Social Security – America’s fabulous social benefit program
An overwhelming majority of Americans know that Social Security is a program which is critical to the well being of many millions of citizens, including aged retired workers, younger disabled workers, and dependent children, spouses and survivors of retired workers. In fact, Social…
The cost of Congressional inaction on Social Security
With all the rancor going on in Washington, D.C. these days, we have to wonder whether Congress will ever muster the intestinal fortitude to fix a problem which will affect over 62 million of their constituents – namely, Social Security’s financial issues.…
A Social Security paradox: Higher gas prices could raise the 2019 COLA
About this time of year, those of us now collecting, or about to collect, Social Security start wondering what, if any, cost of living adjustment (COLA) we might expect to see next year. And given that COLA increases in the…
Estimating your Social Security benefit payment
Trying to plan for how Social Security fits into a retirement plan can be challenging, especially for younger workers whose “golden years” are still far out on the horizon. But knowing at least the basics of the program and how…
Is Social Security “going broke”?
As is quite widely known by now, thanks to regular sound bites and articles by self-described pundits, America’s Social Security program is faced with some serious financial issues. The annual report by the Trustee’s of the Social Security program has for…
Is 66 the best age to file for Social Security?
The Social Security program is quite flexible allowing seniors to take benefits as early as age 62 or as late as 70, with the age you file determining the size of your monthly benefit. Along with that and a few…
Don’t miss out on what many think had gone away forever
Social Security filing strategies have changed over the years and one of the most popular strategies, file-and-suspend, is one of them. However, this option is still available for those who qualified under the grandfathering provisions when the law was changed…
People are still worried about retirement savings
For some good news, employer-sponsored retirement plans and individual retirement accounts have risen since last year. However, people are still worried about retirement savings. In a new analysis by Fidelity Investments, it suggests that despite some improvements, Americans are still…
Statistics about retirement
In 2017, about nine million senior citizens were still working and most of those folks are working because they must – because they can’t afford to completely retire. The extent of the problem of Americans not saving enough for retirement…
The rush to take Social Security benefits due to illness may not be the best move
You have a terminal illness and rush to take your Social Security benefits, so you wouldn’t miss out; however, claiming your Social Security early has a lasting impact on your survivors. In Mary Beth Franklin’s column appearing on www.investmentnews.com, she…