Headlines
Bernie Sanders calls for tax increases to offset Social Security Expansion
The Wall Street Journal reports that presidential candidate Bernie Sanders’ proposed for expanding Social Security and ensuring its solvency for 50 years would require additional tax revenue of $1.2 trillion over a decade. An article posted on www.wsj.com by reporter Laura Meckler…
Social Security Benefits for “Grandfamilies”
A little-known provision in the Social Security can be a big help to grandparents needing to support grandchildren, a cultural situation known as “grandfamilies.” In an article titled “Social Security Retirement Benefits for Dependent Grandchildren” posted on socialsecurityintelligence.com, the rules and…
Comfortable retirement projected for only 40%–and that’s optimistic
A recent study of employees at large U.S companies indicates that only two out of five will have the financial resources to retire comfortably at age 65. Award-winning financial columnist for the Tribune, Gail MarksJarvis, provides insights into this Aon Hewitt…
GOP Bill Would Protect Social Security If Borrowing Limit Hit
The House on Thursday passed legislation that would require the Treasury to continue payments to Social Security’s trust funds in the event the statutory limit on borrowing is reached. Split on party lines, the bill now passes to the full…
Advocates for Medicare Subscribers Facing Potential Increase Push for Alternative
The 30% of Medicare recipients facing a roughly 50% premium increase in 2016 are being aided by advocates and organizations representing federal and state government workers. As decision time approaches, the advocacy efforts are focusing on a one-time solution to…
Some Retirement Financing Tips for the “Silent Generation”
A great deal of media attention these days focuses on “Baby Boomers” and “Millennials” when it comes to planning for retirement. But what about the “Silent Generation”…those already well into their retirement years and still needing to sustain a financial…
What Remarried Widows and Widowers Need to Know About Social Security Benefits
Mary Beth Franklin, a contributing editor at InvestmentNews and a nationally recognized expert in Social Security claiming strategies, provides an analysis of strategies for remarried widows and widowers to maximize their Social Security benefits. In an article posted on www.investmentnews.com, she provides insights into several…
Congress Back in Session…Spending Issues to Dominate Activity
Congress re-convenes today with a heavy schedule of work ahead of it. The looming possibility of a governmental shutdown, coupled with major domestic and foreign policy issues currently on the table, promises to keep lawmakers engaged between now and the…
Labor Day Thoughts…When will you retire, or will you retire?
You may have noticed, either in the media or from conversations with friends and family, that a fair number of people are forgoing the traditional “retire at 65 (or 62)” approach in favor of extending careers. For many, it’s a…
Non-working spouses…some ways to improve retirement prospects
A recent survey by Transamerica Center for Retirement Studies and Aegon Center for Longevity and Retirement highlighted the financial shortfall facing non-working spouses, indicating about than half of the respondents are not confident about having a comfortable retirement. Emily Brandon, senior editor for Retirement at U.S.…