Headlines
Happy Labor Day, 2025!
The first Monday in September is recognized as Labor Day in America. It has been that way since 1894, when President Grover Cleveland signed the legislation into law. While there is speculation about why that spot on the calendar was selected,…
Should the US require mandatory retirement contributions besides Social Security?
The United States received a C+ in the 2024 Mercer CFA Institute Global Pension Index because it relies heavily on voluntary savings plans. Other countries require mandatory contributions to personal retirement savings. There are two types of retirement plans, and…
Social Security Can’t Go Bankrupt
Social Security is a pay-as-you-go system, with current workers paying for current recipients. As long as people continue to work and pay into Social Security, it can’t go broke. As a matter of law, all revenues flowing into Social Security…
Scams Appear More Legitimate with the use of Artificial Intelligence
With the use of Artificial Intelligence (AI), you must be more alert than ever before with emails, texts and phone calls that you receive. The scammers can now duplicate almost anything: Your voice, friends’ and family voices, official looking emails…
Social Security Launches A New Program for People on SSI
Social Security has a new program for people on Supplemental Security Income (SSI) called “PASS.” PASS is designed to help people on disability set aside money for a work-related goal. This includes any necessary expenses to find and keep a…
A Widow’s Social Security Journey
The aftermath of losing a spouse is difficult and can be compounded by the stress of dealing with the Social Security Administration when they learn of your spouse’s death. And Social Security does find out – if not from a…
The difference between Social Security myths and reality
Social Security myths, such as the looming bankruptcy of the program, a full retirement age of 65, or benefits based solely on your last five years of earnings, persist and can cost you money. Dana George, writing for The Motley…
Could we see a “two-tier” Medicare program?
Did you know that there are roughly 67 million Medicare patients, and 54 percent of them are in a Medicare Advantage plan? Medicare patients make up a large part of many physicians’ practices; however, physicians treating Medicare patients are seeing…
Americans feel strongly about Social Security
Americans feel strongly about Social Security and are worried about its future, according to two recent surveys. The first, commissioned by the Bipartisan Policy Center’s American Savings Education Council (ASEC) and conducted by Public First, found that “93 percent of…
What will Millennials’ retirement look like?
We all have dreams of what our retirement will look like. I know I do. Will yours be traveling the world, improving your golf or pickleball game, or just spending more time with your loved ones? Whatever it is, each…