Headlines
5 things to ask yourself before you retire
(Source – www.startribune.com) Only 13 percent of people who haven’t retired yet say they’ve given a lot of thought to financial planning for retirement, according to a survey conducted by the Federal Reserve Board. Mapping out your retirement takes more than…
72% of people quizzed on Social Security benefits failed
(By – Lindsey Reiser, www.kpho.com) Financial experts say it’s important to know the ins and outs of Social Security so you can prepare for your future, but the average person cannot pass a quiz on Social Security benefits. Mass Mutual gave 1,500 people…
Rubio says changes to Social Security, Medicare needed
(By – Ed Tibbetts, qctimes.com) Republican presidential hopeful Marco Rubio argued Thursday the only way to bring down the federal debt is to change Social Security and Medicare for younger generations. Rubio, a first-term senator from Florida, wrapped up a swing through Iowa…
Another looming crisis: Social Security Disability Insurance
(By – Sen. James Lankford, via The Hill) In May, over a thousand West Virginians and Kentuckians went to their mailbox and found letters telling them their disability checks would soon be cut off. Why? Because a government watchdog group…
9 Important Ages for Retirement Planning
(By – Brian Kuhn, Credit.com news) Thinking about the rest of your life — especially in terms of your finances — can be a scary but exhilarating proposition. Assuming it turns out to be as long of a time period…
What Does the Future Hold for Social Security?
(By – Matthew Frankel, The Motley Fool) Too many Americans, particularly in the younger generation, believe Social Security benefits will be nonexistent by the time they reach retirement age. While it’s true that the money in the Social Security trust…
Christie Doubles Down On Vow to Overhaul Medicare and Social Security
(By – ERIC PIANIN, The Fiscal Times) It has never been a way to win friends and influence voters, but New Jersey Gov. Chris Christie isn’t shying away from reform of two “do-not-touch” entitlements—Medicare and Social Security. His goal is to cut the…
Mayo makes case for Medicare reimbursement for telemedicine
(By Jim Spencer, www.startribune.com) Nurses Jennifer Meindel and Chad Ditlevson stand in front of monitors in a small room at the Mayo Clinic reading vital signs and occasionally calling up video images of patients lying in beds. All of the 40-some…
Independence Day, Thomas Paine and Social Security
(By – Nancy Altman, via The Huffington Post) Thomas Paine’s visionary writings embody the spirit of our nation. Perhaps President Franklin Roosevelt was thinking about Thomas Paine and his timeless words when he described Social Security as “a return to values…
The Disability Program Needs Help Itself
(By – Matthew Philips, Bloomberg Business) The Social Security offshoot is facing insolvency next year When President Eisenhower added disability benefits to Social Security in 1956, he pledged that the new program would be run “efficiently and effectively” and that…