Headlines
COLA: A Look at the Impact of Using CPI-E
As we near the time of the year when Social Security publishes its cost-of-living adjustment (COLA) for next year, we hear more and more about how this adjustment is calculated and what it means for seniors’ ability to keep pace…
Paid Family Leave Financed by Social Security Deferrals Now on the Table
Led by Florida Senator Marco Rubio’s proposed “Economic Security for New Parents Act,” the issue of paid family leave has entered the debate stage in Washington. Rubio’s proposal, calling for for at least two months of paid leave in exchange for an…
Early Retirement: Why it may not always be the wrong choice.
These days, it seems that those dispensing advice on retirement financing routinely sound off about the dreadful consequences of taking Social Security benefits at age 62–the earliest possible age to file. And it’s certainly true that filing at age 62 results…
No 401k? Don’t Give Up…You Still Have Options
The problem of inadequate wealth accumulation for one’s future retirement security is an issue appearing frequently–some would say constantly–in the financial media these days. You’ve no doubt seen the statistics, like the National Institute on Retirement Security’s conclusion that 66% of people…
Social Security’s Infamous “Earnings Test”
Investment News Contributing Editor Mary Beth Franklin, in a post on www.investmentnews.com, takes an in-depth look at one of the components of Social Security that surprises–and causes some level of heartburn for–folks planning to retire before their full retirement age and…
Your Retirement Age…Don’t Believe What You Hear
When you make it known that you are thinking about retirement, there are often two sources of “expert” advice about Social Security that quickly become available…your neighbor on the left and your neighbor on the right. And these sources usually come equipped…
COLA added 46% to your benefit. How’s that working for you?
Social Security’s annual Cost Of Living Adjustment, or COLA, has boosted your monthly benefit amount by 46% since the year 2000. COLA, of course, is Social Security’s way of making your benefit payment keep pace with inflation, but unfortunately most…
When to take Social Security? “It depends”
Ask anyone who advises on Social Security matters and they’ll tell you that the question of when to start benefits is always among the top three most frequently asked inquiries. Though many are looking for a simple answer, reality is that in just…
Future retirees fear Social Security’s demise
In most surveys taken of younger workers – particularly milliennials and Generation X – many respondents are pretty well convinced that Social Security won’t be there for them when it’s time to retire. And even among the so-called baby boomers, many…
Your retirement? Here are some things you should know
In this Forbes article by columnist Elizabeth Bauer, the author boils down the myriad of things you should know about retirement and about Social Security to six fundamental components. This is especially timely because a recent poll revealed that only about 2% of…