Headlines
Candidates’ Stances on Social Security
Social Security is quickly becoming one of the most important issues in the upcoming election, but it is still difficult to find out each candidates official stance on the system. Baby Boomers are retiring in droves and will continue to…
Consequences to Increasing the Retirement Age
One of the most suggested “fixes” proposed for the Social Security insolvency issue is to simply raise the age of retirement. The thought is that this would save money by requiring people to wait a few extra years before they…
Benefits and Taxation
Almost half of those collecting Social Security in retirement end up required to pay income taxes on their benefits. Taxes can be applied to as much as 85% of the pay out of Social Security. Most are shocked when this…
April 30 is Coming Fast!
The Social Security changes mandated by the Bipartisan Budget Act of 2015 are rapidly nearing their May 1 activation date, so the last chance for seniors to take a look at the “file-and-suspend” and “file-and-restrict” strategies is hurtling toward them. In…
Final Days for Old Strategies
We are c0ming up on the final months of being able to use a few common Social Security filing strategies. These strategies, the “claim now and claim more later” and “file and suspend,” are slated to be unavailable on May…
Retirement Hand Book
Forbes recently released a new tool to use when planning for retirement that outlines 10 steps to take when looking towards your future. This easy to read guide outlines tips and information from top experts and companies to put you…
Solvency Projections from CBO
The Congressional Budget Office recently put out a new report covering the solvency issue of the Social Security System. This report stated that in its current form, Social Security will run out of money by 2029. However, this is not…
A Case for the Guaranteed Retirement Account
More and more adults are retiring with severely malnourished retirement savings and are growing more reliant on a Social Security system that isn’t keeping up with the rate of inflation. This is creating a problem where those that are middle-class…
Retirement Evolution Over the Years
Retirement has taken on a new face in recent years, in many ways a direct contradiction to traditional ideals. The most jarring difference is in how retirement is funded now, whereas 30 years ago Social Security made up 65% of…
Advance Planning Tips for Retirement
Future retirees are expressing growing interest in planning for their retirement years, and are seeking guidance in developing plans that will work for them. In an article posted on www.investmentnews.com by analyst Fredrik Axsater, a series of planning steps are outlined at…