Headlines
RI Senator Wants to Exempt Social Security from State Income Tax
A Rhode Island State Senator has filed legislation, that would exempt Social Security income from the state’s personal income tax. The bill filed by Sen. Paul Fogarty, D - Burrillville, would also exempt $25,000 of income received from public and…
AMAC Hosts Social Security Roundtable in Washington
Today, beginning at 9:30 am in the Congressional Meeting Room North, Capitol Visitor Center in Washington, the Association of Mature Americans (AMAC) is hosting a discussion to evaluate viable solutions to save and strengthen Social Security. AMAC Founder and CEO…
Low Gas Prices Endanger Social Security COLA
In mid- to late October, the Social Security Administration will announce its cost-of-living increase for benefits paid to eligible seniors for 2016. For the third time in seven years, the increase might be a big fat zero. The years 2010…
Amp Up Your 401(k) No Matter How Much You Earn
What’s the number one concern of most retirees? Running out of money. It’s the natural consequence of our expanding life expectancy….For decades the financial services community has implored us to “Save More!” The reality, however, is that whether you’re in…
NFDA to Congress: Help Social Security Recipients and War Heroes
When members of the National Funeral Directors Association (NFDA) are in Washington, D.C., next week, they will urge their elected representatives to pass legislation that will help the families of social security recipients and fallen service members honor their loved…
26 Unsettling Truths About Social Security
The Social Security program is turning 80 this year, and though most Americans won’t commemorate this milestone, a huge chunk of them – 57 million – will benefit from it by more than $1,200 a month. The future of the…
Committee passes bipartisan Brady bill to strengthen Medicare…
The House Committee on Ways and Means on Thursday passed several important bills to protect and strengthen Medicare, including Health Subcommittee Chairman Kevin Brady, R-The Woodlands, and Ranking Member Jim McDermott’s (D-Wash.) Protecting the Integrity of Medicare Act (PIMA) of…
Brown Renews Push To Protect Social Security
As the U.S. House of Representatives Ways and Means Committee convenes a hearing targeting Social Security, U.S. Sen. Sherrod Brown (D-OH) - ranking member of the Senate Finance Committee’s Subcommittee on Social Security, Pensions and Family Policy - today reinforced…
Is The Government Able and Willing to Repay Social Security Debt?
The short-term solvency of Social Security is in the hands of the federal government. Enough payroll taxes have been paid to cover full benefit payments until 2033. But $2.7 trillion of that money was taken by the government and spent…
Rubio Talks Medicare, Job Training, Immigration at St. A’s
Sen. Marco Rubio, R-Fla., spoke extensively about his priorities for moving America forward in the 21st century…While quick to point out that he would not do away with programs like Medicare or Social Security – both of which his mother…