Headlines
Obamacare’s $800 Billion Tax Hike Explained in One Chart
April 15 is right around the corner, and millions of Americans will find themselves paying more in taxes than ever thanks to Obamacare. The law is more than a fundamental change to the country’s health care system. It also is a…
Your 3 biggest Social Security questions answered
You can’t adequately prepare for retirement without factoring Social Security into your plans. Which is why I want to address not just the question you posed, but two other important Social Security questions people often grapple with. Read more… …
5 Things the Easter Bunny Can Teach Us About Retirement
Easter has its origins in Europe from celebrating the goddess of spring, known as Ēostre. This goddess’s earthly symbol is the rabbit. For some, Easter is a religious celebration, while for others it has become a highly commercialized holiday that focuses on…
Ted Cruz Stop in Cedar Rapids Draws 200
In town hall, he outlines his plans for Social Security Republican presidential candidate Ted Cruz said he hopes religious communities in Iowa and across the country will defend laws like Indiana’s controversial religious freedom act against a liberal backlash. “Today, the…
SSA Proposes Mandatory Reporting of Workers’ Compensation Benefits
The Social Security Administration has published its proposed 2016 budget, which also includes as an appendix, several legislative proposals. The legislative agenda includes a proposal that would require states, local governments and private insurers to report to the Social Security…
China Expands Social Security Fund Investments to Local Government Debt
New measures are meant to diversify risk while increasing returns China’s State Council, or cabinet, announced measures on Wednesday to boost returns at the nation’s social-security fund, expanding its investment scope to include local-government bonds and other financial instruments. The new…
Report: Obama Supports Military Retirement Pay Cuts
President Barack Obama said Monday that he supports the idea of reducing military retirement pay by about 20 percent. According to the Washington Times, Obama wrote a letter to congressional leaders saying he favors the recommendations put forth by a military commission. Under…
Delaney: Bipartisan plan to save Social Security introduced
With Social Security trust funds predicted to run out in less than 20 years, legislators from the Democrat and Republican parties have introduced legislation to delve into the problem and offer solutions — importantly, the legislation would require an eventual…
What Exactly Congress Is Spending Your Dollars On
Let’s say you were a financial adviser, and a family came to you with the following situation. They make the median family income in the United States—$52,000. But last year they spent $61,000. That’s right, $9,000 more than they’re making, and it all…
Funding shortfalls put pensions in peril
These days, a pension just isn’t what it used to be. For generations, a defined benefit pension — a fixed monthly check for life — provided an ironclad promise of a secure income for millions of retired American workers. But today,…