Headlines
Recent Poll: Disability Issues Could Have a Major Impact in the 2014 Elections!
Recently, RespectAbility (a national, disability-focused nonprofit) collaborated with major political pollsters to ask questions of likely 2014 voters in battle-ground states (states whose choice of U.S. Senate candidates in the November elections is uncertain and thus will determine the balance…
What If Congress Raised Taxes And Nobody Cared — Or Even Noticed?
Two years ago, Congress raised taxes on almost every working American – and nobody cared. In fact, a lot of people didn’t even notice. That tells us something important about the way Americans view taxes. But it also tells us…
IRS Bumps Up Retirement Fund Contribution Limits
Good news: The IRS has bumped up retirement account contribution limits for 2015 to reflect cost-of-living increases. So if you’ve been wanting to sock away more in your tax-advantaged accounts, next year is your opportunity. Today’s announcement raises the annual contribution limit for…
Changes Coming to Social Security Benefits Next Year
Many changes are coming to Social Security benefits in 2015 that will give retirees larger checks and benefit statements for some workers, according to US News. Next year, Social Security recipients will receive 1.7% larger checks due to a cost-of-living adjustment. This will result in…
Social Security benefits will increase by 1.7%
Monthly benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announced Wednesday. That translates to an increase of roughly $20 a month for the typical SocialSecurity recipient. The 1.7 percent cost-of-living adjustment (COLA) will begin…
SSDI Reform: Promoting Gainful Employment while Preserving Economic Security
The Social Security Disability Insurance (SSDI) program faces imminent insolvency. Annual expenditures totaled $143 billion in 2013, but program receipts amounted to $111 billion—a shortfall that is projected to continue indefinitely. According to the Social Security Trustees, the program’s trust…
ObamaCare — Why, sure, it’s ‘paid for’
Republican Senate Budget Committee analysts reported last week that the Patient Protection and Affordable Care Act (ACA) — a.k.a. ObamaCare — would increase the federal deficit by $131 billion over the period from 2015 to 2024. Drew Hammill, a senior aide…
Expelled Nazis got millions in Social Security
OSIJEK, Croatia — Former Auschwitz guard Jakob Denzinger lived the American dream. His plastics company in the Rust Belt town of Akron, Ohio, thrived. By the late 1980s, he had acquired the trappings of success: a Cadillac DeVille and a Lincoln…
Millions of Social Security recipients to get small cost-of-living bump for 3rd straight year
For the third straight year, millions of Social Security recipients, disabled veterans and federal retirees can expect historically small increases in their benefits come January. Preliminary figures suggest the annual cost-of-living adjustment, or COLA, will be less than 2 percent. That…
Majority of American Senior Citizens Would be in Poverty Without Social Security
The last time we got a report on poverty in the U.S., which was just weeks ago, senior citizens seemed to be doing pretty well. Although the “official poverty” report said 4.2 million seniors lived in poverty, the rate was…