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Five retirement challenges that many women face

Women face some unique challenges compared to most men when planning their retirement. The Women’s Institute for a Secure Retirement has listed five challenges facing women when planning for retirement. Tammy Flanagan outlines these challenges as a woman employed in…

Social Security is the top issue for voters

CNBC poll finds Americans rank Social Security as one of the top issues when determining who they will vote for this November. In the recent Nationwide Retirement Institute survey findings, respondents expressed the same sentiment on how Social Security will…

Why retirement savings have stalled

Nearly nine out of ten people age 65 and older were receiving a Social Security benefit as of June 30, 2024. Among those beneficiaries age 65 and older, 12 percent of men and 15 percent of women rely on Social…

Increasing the wage base to save Social Security

Policy experts are debating the many options to resolve the issue of Social Security insolvency. Some strategies to fix Social Security include raising the full retirement age, changing the cost-of-living measure, and means-testing for benefits, along with the many other…

Your taxes and Social Security

The Social Security Trust Fund will be insolvent within the next ten years, causing benefits to be cut by 23 percent unless Congress reforms the program. The current presidential candidates both say they will not touch the program; however, the…

Social Security Systems Around the World

A comparison of retirement systems in different countries by Lou Carloza for Yahoo Finance. Read here… As our own program struggles with potential insolvency, it is interesting to note how other countries handle their retirement programs. As an example of…

How a Trump Victory could affect Social Security

There are many ideas out there for reforming Social Security. This article by Terence Loose for Go Banking Rates gives one perspective on the effect of a Republican win on the program. Read here… As an example of the leading…

Candidates Stand on Protecting Social Security

Candidates at the Republican National Convention this year made it a point of speaking on the importance of taking care of Social Security and Medicare. This could make a difference in how Senior Citizens vote this November as Gordon Lang…

Reforming Social Security

Social Security needs updates now to avoid a decrease in benefits for all beneficiaries in about 10 years. There are an abundance of ideas on how this should be accomplished. This Watchblog by the Government Accountability Office gives us a…

What do Think Tanks say about Donald Trump’s Proposed Tax Cut for Social Security Recipients?

Some say it is not a good idea because it will benefit the “wealthy”. What is the definition of “wealthy”? There are lots of seniors making under $100,000 a year that would benefit greatly, especially widows and widowers. Yes, if…

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