Headlines
Budget Deficit Widens – Social Security & Medicare Cited
Citing higher spending on Social Security and Medicare as a driving force behind America’s fiscal imbalance, Reuters Washington Reporter Lindsay Dunsmuir examines the widening 2016 budget deficit in an article posted on www.reuters.com. She observes that these programs, in conjunction with “slower-than-expected revenues,”…
The Mechanics Behind Social Security’s Trust Fund Investments
The Social Security Trust Fund subject has been the source of many rumors about fiscal impropriety, reallocation of worker funds, and so on. Author Brenton Smith, in a post on www.fedsmith.com, sheds some light on the reality behind these charges, and explains…
Understanding Delayed Retirement Credits (DRCs)
The term “Delayed Retirement Credits” is frequently explained as a great way to maximize one’s lifetime Social Security benefits. That’s a true explanation, but what needs to be clearly understood is the manner in which DRCs are calculated and applied…
Some Thoughts on Stretching Your Retirement Resources
In an article posted on U.S.News & World Report, Staff Writer Emily Brandon shares some thoughts on how those dependent on Social Security benefits might maximize their financial picture in retirement. From timing their initial filing, to planning for potential…
Retirement Strategies Still Critical…Even After 2015 BBA Changes
While the 2015 Bipartisan Budget Act made major changes to the strategic paths previously available to many couples, the need for planning has not gone away. In an article published on the Bradenton Herald website, financial advisor Tom Breiter takes a look…
Social Security – Understanding the Available Options
Social Security is complex–no question about that–so it’s important that anyone aging into the program’s major decision points needs to take a solid look at the options available to them. Veteran reporter Robert McGarvey, in an article published on www.thestreet.com titled “How…
Discover the world of Social Security resources available to you.
The Social Security Administration’s website, www.ssa.gov, can open up a whole new world of information that will help you navigate the complex world of Social Security benefits. Whether you’re just approaching retirement age, or already collecting benefits, this site is…
Social Security is an enormously important “asset” in our economy.
What is the most important asset in today’s U.S. economy? Well, it’s not home values, or mutual funds, or CD savings, or other investments or assets. It is what we call Social Security. Though technically not an asset in the…
Which States are most tax-friendly to retirees?
For those approaching retirement, an important consideration might be which States offer the best tax advantage to those who will rely mostly on their nest egg and pension to live comfortably. This Kipplinger article by Sandra Block links to an easy to…
How has Social Security changed over the years?
Social Security was enacted in 1935, but since the 1950’s – from the addition of Disability Insurance to raising the retirement age – Social Security has undergone a steady transformation to keep up with the changing needs and demographics of recipients.…