Headlines
Is There a Fix to Social Security Recurring COLA Underperformance?
This year’s COLA increase could be the highest since 2012, but it’s still disappointing. Social Security’s COLAs are based on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) which tends to put a pretty strong emphasis…
Another Call for Bi-Partisan Social Security Reform
Citing projections from the recently-issued 2017 Social Security Trustees Report, The Motley Fool’s Sean Williams issues a call for bi-partisan action in Congress to address the program’s troubling solvency problems. Williams reiterates the Trustees’ position that a substantial benefits cut…
Phased Retirements–An Approach That Doesn’t Seem to Be Taking Off?
Investpoedia defines “phased retirements” this way: “A broad range of employment arrangements that allow an employee who is approaching retirement age to continue working with a reduced workload, and eventually transition from full-time work to full-time retirement. Phased retirement may include a…
A Quick Look at the Social Security Dilemma…And Why We Can’t Delay a Fix
In a post on the Oakland Press website. Ken Morris, Vice-President of the Society for Lifetime Planning, takes a look at the conclusions presented in the 2017 Social Security Trustees Report and analyzes the implications of the most recent insolvency projections.…
Retirement Planning: Steering Around the Pitfalls
Effective, careful planning for retirement can be a daunting task, but daunting or not, it is one of the most important things you’ll do in life. And if you want your plans to work out favorably, there are a few…
“Hard Times Ahead” for Social Security
A post by The Motley Fool’s Sean Williams takes a look at the statistics that foretell the future of Social Security. This quote from Williams’ post capsulizes his view of the crisis: “According to the newly released report from the Social Security Board of…
Kevin Brady: “We’re going all in for growth on jobs and paychecks”
Citing the critical need for a “tax code built for growth,” House Ways and Means Committee Chairman Kevin Brady (R-TX) made media appearances over the past few days explaining that August is the time for “making the direct case (for…
The Tax Man Is Always There, Even in Retirement
Working and paying taxes is a way of life during the years leading up to retirement, but it’s important–critical, actually–to be aware that taxation doesn’t retire with you. In fact, for many reasons, it becomes an issue that typically requires…
Retirement planning and education is important for women
Statistically, women are better disciplined, make more informed decisions, and are more patient investors than men. However a recent study found that when it comes to managing retirement finances, women scored less than men on their knowledge of how to make…
Millions in improper payments made by Social Security
Considering the massive size of the Social Security program, now paying benefits to over 60 million Americans, some amount of erroneous payments are probably to be expected. But a recent audit by the Inspector General of the Social Security Administration…