Headlines
Changes Incoming to Social Security Benefits
A new budget bill in the House proposes many benefit cuts in the ways of spousal and retirement benefits. One of the biggest changes in the bill is in the form of eliminating benefits being paid out to divorced spouses…
Saving Money in Retirement
Many retirees are planning to tighten their belts in the next year in light of the announcement that there will be no increase in benefits. Before making sweeping changes in you expenses it may be a good idea to sit…
Relief in Recent COLA News
There is a deal ongoing discussion between Congress and the White House that may bring relief to those affected by the recent news of the Medicare Part B price increase in conjunction with the lack of COLA increase for Social…
Understanding How Your Money is Invested
A common problem today is not fully understanding where your money is and how your investments are working for you. Chances are, though, if you have a 401(k) or similar plan through work then you most likely have money invested…
Figuring Your Projected Expenses in Retirement
One of the most common concerns among those saving for retirement is making sure they save enough to last them throughout their entire retirement. A recent survey found that less than half of those saving have not figured out how…
A Look-ahead at 2016 and the Disability Insurance Trust Fund Problem
Todd A. Berry, president of the Wisconsin Taxpayers Alliance (a nonpartisan government research organization), takes a look at what’s ahead in the coming year for the Social Security Disability Insurance Trust Fund and what the implications might be, depending on…
Is it Worth it to Wait to Claim Social Security?
In a word: yes. In a few more: more than likely. As the average lifetime increases it becomes more and more worth it to delay Social Security benefits for as longs as possible to reap the most reward. This conclusion…
Smart Investing for Your Retirement
It may be time to reevaluate your retirement saving plans, for most people the goals for saving has changed considerably from when they first started planning. The economy is also in a different state now than it may have been…
Social Security Becoming Hot Topic Among Candidates
Since the news on low inflation and no COLA, presidential candidates have picked up Social Security as a new talking point. Most of the talk is around either agreeing or disagreeing with Obama’s urging to push through a boost in…
Audit Shows Disability Paid to Non-U.S. Residents
A recent audit conducted by the Social Security Administration Inspector General revealed that almost 1,200 recipients of disability benefits live outside of the United States. 246 of these payments are not allowed under the current rules of the system, totaling…