Headlines
Teachers, Retirement, and Social Security
According to the National Association of State Retirement Administrators, about 40 percent of public school teachers are not covered by Social Security. In those states where teachers and other state and local government workers are exempt from paying Social Security…
Public Warned About SSA Employee Impersonation Scheme
The Acting Inspector General of Social Security, Gale Stallworth Stone, is warning citizens about a new Social Security Administration (SSA) employee impersonation scheme. SSA and its Office of the Inspector General (OIG) have recently alerted citizens about an OIG employee impersonation…
The Facts on Medicare Spending and Financing
(By Juliette Cubanski and Tricia Neuman for The Henry J. Kaiser Family Foundation published July 18, 2017) Medicare, the federal health insurance program for 57 million people ages 65 and over and younger people with permanent disabilities, helps to pay…
Just in Case the Social Security Trust Funds Run Out of Money
The Social Security Trustees released their 2017 report stating the trust funds are on track to run out of money by 2034, just 17 short years from now, resulting with benefits being cut by 23 percent in order to match…
Three Steps to Live Well with or without Social Security
While the future of Social Security benefits is being debated; the program itself will not disappear any time soon. However, if you take the three steps outlined in Brian Stoffel’s column appearing on the Motley Fool’s website (www.fool.com), they will…
Questions to Ask Yourself About Retirement in Your 50s
Many of us didn’t put much thought into our retirement when we were in our 20s, 30s, or even 40s. But now, we are in our 50s and retirement is probably just a decade or so away. Now, it’s time to…
Congress must act now to avoid big Social Security cuts later
The just-released Social Security Trustees’ Report carries a dire warning: If Congress doesn’t act soon, steep cuts in benefits will be kicking in about 17 years from now. To some, 17 years sounds like a long time off, so they say…
It’s time to fix Social Security’s financial issues
On the heels of the Trustee’s Report on Social Security, it’s time to look the problem squarely in the face and take action to fix it. Social Security’s two trust funds – Old Age & Survivors, and Disability – are…
The 2017 Social Security Trustee’s Report
Social Security’s Board of Trustees released their 2017 annual report yesterday, including a forecast that there is no change to the projected date the OASI (Old Age & Survivors) and DI (Disability) Trust Fund asset reserves, now totaling $2.85 trillion, will…
Though well-intended, Social Security agents sometimes get it wrong
Given the complexity of the subject, the Social Security Administration’s agents dealing with the public don’t always provide correct information to potential beneficiaries. They certainly all mean well, but with over 2700 pages of rules and regulations, it’s not at all…