Headlines
Veterans: Social Security Administration may offer a new career
The Social Security Administration (SSA) has a Veterans Employment Initiative which offers veterans the tools, training and information needed to help them prepare for a new career with the SSA. In fact, 25% of the SSA’s new hires in 2016 were…
How does 8% guaranteed return sound?
There are certainly a lot of factors to take into account when deciding what age to start Social Security benefits, and all too often people make that choice based on emotion rather than financial logic. But it’s really hard to…
How “healthy” is Medicare?
There’s no question that Medicare is a critically important healthcare program for American seniors, but lately you may have heard some grumbling that the program is going broke or that it won’t be there when you retire. While neither of these things…
Disproving some Social Security myths
Seems like there’s no end to the rumors about Social Security going bankrupt, and we see comments nearly every day about how the Government has stolen money from the Trust Funds. Newsflash: These statements are 100% false! This madison.com article…
How Social Security has changed over the years
Since FDR first signed it into law in 1935, the Social Security program has undergone a lot of change. Starting in 1939 when spouses and dependent children first became entitled, to adding disability benefits in 1956, and implementing automatic COLA…
Three Reasons Why Claiming Your Benefit at 67 Could be a Bad Idea
Do you know that the age at which you first claim Social Security can impact your ultimate payout? In Maurie Backman’s column for Motley Fool, she lists three scenarios where claiming benefits at 67 (full retirement age for those born…
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…