Headlines
Trustees Rating Health of Social Security, Medicare
(By – STEPHEN OHLEMACHER and RICARDO ALONSO-ZALDIVAR, Associated Press) The federal government’s two largest benefit programs face short- and long-term financial problems as they close in on milestone anniversaries. The magnitude of those problems will become clearer when the trustees…
Medicare spending on Alzheimer’s to explode as boomers age: Analysis
(By – ROBERT KING, www.washingtonexaminer.com) More than 28 million baby boomers are expected to come down with Alzheimer’s as they age, which will send Medicare spending on the dementia disorder skyrocketing in the next 25 years, according to an analysis from…
Job hunters rightly fear identity theft
(By – Diane Stafford, Kansas City Star) Late one night last weekend we got one of those phone calls you hate: A credit card had been used to buy hundreds of dollars of electronics in a distant city. It was a…
Why doesn’t insurance cover hearing aids?
(By – Melissa Nann Burke, The Detroit News) The news can be tough for some to hear, but most private and government insurance plans don’t cover the cost of hearing aid devices. It would take an act of Congress to change this,…
5 Reasons You Might Need More Savings Than You Think
(Source – www.stltoday.com) You may think you have a good idea of how much money you need to save for retirement, but it is not an easy number to predict. Between age, interest rates, estimated government retirement payout and marital status,…
Aging Expert Sees Tougher Road For Retirees
(By – TOM FLANIGAN, news.wfsu.org) No matter our age, we’re all getting older. One Tallahassee expert on the subject of aging has some predictions, not all of which are happy ones. Dr. Larry Polivka heads up the Claude Pepper Center and is…
Shrinking Social Security advantage for couples
(By – Kelley Holland, CNBC) Social Security has more than its share of critics, but over the years it has managed, at least, to provide a special cushion for some women. Because women in the past were less likely to work and…
RESTORING THE TRUST FOR ALL GENERATIONS
(Source: americanactionforum.org, budget.house.gov) Rep. Tom Price, Chairman – House Budget Committee, is set as keynoter for today’s forum on entitlement reform hosted by American Action Forum. Solutions to fix the nation’s broken entitlement programs will be the focus of the event, titled “Rising to the…
Obama tells aging conference seniors need financial security
(By – Michael Vitez, Philadelphia Inquirer) President Barack Obama promised Monday that aging Americans’ financial security will not be eroded as the nation grows older, but “we’re going to have to work for it.” Speaking at the White House Conference on…
Blum, King support legislation to root out Social Security abuses
(By – Christinia Crippes) Rep. Rod Blum became the first co-sponsor to legislation introduced by his Iowa colleague, Rep. Steve King, that would root out Social Security payment abuses. The Social Security Integrity Act aims to stop Social Security payments that continue…