Headlines
Social Security and the Midterm Elections: What’s Going to Happen Now
The 2014 midterm elections are over, and the Republican takeover of the Senate has many analysts considering the potential impact on Social Security benefits. With almost 60 million Americans receiving some form of Social Security, concerns about potential cuts to…
What you can do now to protect tax refund
Millions of Americans count on their tax refunds to pay down debt, save for the future and cover necessities such as groceries or utilities. So imagine filing your return, only to be told your refund has been paid to someone…
Why Detroit’s Pension Deal Is a Warning to Retirement Savers
Guaranteed lifetime income has become the obsession of retirees, policymakers and the financial industry. Yet as the public pension debacle in bankrupt Detroit shows, we may never find a solution that completely eliminates the risk of your money running out. The…
Despite Challenges, More Women Looking Forward to Retirement
Despite starting with less savings at retirement and needing to fund more years in retirement, a new survey from Financial Engines (NASDAQ:FNGN) found that women are surprisingly optimistic about their golden years. Fifty-one percent of women surveyed said that they…
Veterans Are the Real 1 Percenters
Mentioning “1 percenters” conjures up images of protest and class warfare. But there is another 1 percent who are beyond politics: the men and women who serve in America’s armed forces, as well as the veterans who served before them. Despite…
Getting financially fit for retirement at 50
When you turn 50, retirement starts to seem less abstract. In terms of retirement planning, a 50th birthday can act as a wake-up call. It may offer a powerful reminder to trailing-edge baby boomers and Gen Xers, many of whom…
Serving veterans on Veterans Day and always
Every day — but particularly on Veterans Day — Social Security salutes those who have put their lives on the line for our freedom. Members of the United States armed forces receive expedited processing of their Social Security disability applications.…
How the New Congress Should Deal with this ‘Too Big to Fail’ Program
It’s an entitlement program “too big to fail.” Medicare now covers 52 million seniors and disabled citizens. That’s why you can expect the seemingly unending debate on Medicare to resume when the new Congress convenes in January—no matter who controls…
Boomer Talk: Retirement has no guarantees
It has been called “the retirement crisis,” and much of our generation is now feeling it. First, it was the economic recession we faced, which for some meant the loss of jobs, homes, fortunes. And now, at a time when…
Four Social Security Myths Debunked
Social Security (SS) seems to continuously bask in some sort of media spotlight, enjoying the notoriety and criticism that can only be afforded to programs that are controversial necessities. The frustrations surrounding an individual’s income being taxed to support another’s…