Headlines
The Good Parts of Closing Social Security Loopholes
To start, the new budget bill did not stop the loopholes completely, those already participating in them will be grandfathered in and still allowed to do what they are doing. Rather, the loopholes are being shut down 6 months after…
The Right Time to Start Receiving Benefits
More and more retirees are taking the advice to delay their Social Security benefits for as long as possible to gain the most out of them. A recent bill just shut down some of the more creative ways to maximize…
Forced into Retirement
A recent study found that half of those that were planning to work until the age of 70 were forced in to an earlier retirement due to reasons outside of their control. This is a problem because these retirees were…
Budget Deal on Disability
One facet of the recent budget deal that has not being seeing much attention is how it is affecting Social Security Disability Insurance. It has already made a splash in how it closes loopholes as far as retirement is concerned,…
Generational Stock Picks
A recent report showed that Baby Boomers were twice as likely to own stock as Millennials. The same report also shows the trends that these two generations take in what stock they decide to invest in. It comes as no…
Why Women Have Less in Retirement than Men
A new study shows that men’s retirement savings are on average 50% higher than that of women. The same study also shows that women were more likely to opt in to retirement plans as well as put in a higher…
How the Work Force is Adapting to Retiring Boomers
Many companies are starting to experience a large turn over in the form of retiring Baby Boomers. This leaves them with a problem of suddenly losing a large population of their most experienced workers. Companies are beginning to take steps…
Fixing the Problems with Social Security
Social Security is becoming a hot topic among the presidential candidates, some of whom have adopted it as a major campaign issues. Most of the plans that they are talking about include raising retirement ages and earnings caps. The media…
What the New Budget Bill Means for You
The new budget deal pushed through last week affects more than just the federal budget. Many of the facets of this bill will directly affect many Americans financially. The main take aways from the deal as far as Social Security…
Incoming Social Security Changes for 2016
Many things are changing about Social Security next year and there are some new things to keep in mind that will affect your benefits. The first and most important thing is that there will be no increase in benefits for…