Headlines
U.S. Spending on Social Programs Could Imperil AAA Rating, Moody’s Warns
Moody’s Investors Service warned Wednesday that the U.S.’s top-notch credit grade could be pressured by escalating costs of social programs like Medicare or Social Security. The concerns aren’t at a level yet to affect the U.S.’s credit rating, at least not for…
Bogle tells Congress: Tighten retirement plans, delay Social Security
John Bogle, founder of Vanguard Group, the $3 trillion-asset, Malvern-based No. 1 company in the mutual-fund business, is due in Washington Tuesday morning to lecture the U.S. Senate Finance Committee about what ought to be done to prevent retired Americans…
ACA open enrollment for 2015 causing anxiety for plans, providers
During the 2014 open enrollment for Obamacare coverage, Mary Denson, 21, a student at Columbia (Mo.) College, qualified for a federal premium subsidy that reduced her premium contribution for buying health insurance to less than $20 a month. But she fears that…
Social Security: The Shocking Way the Government’s Taking Benefits Away
For the tens of millions of retirees who depend on Social Security for a major part of their financial well-being, even the smallest increase in their monthly benefits can make a big different in their ability to support themselves in…
Zombie claims about Medicare just won’t die
When it comes to claims about Medicare, some political talking points just never die. In Iowa and Virginia, Republicans have accused Democrats of cutting Medicare to pay for Obamacare. In Florida, a Republican was slammed for ending the Medicare “guarantee.”…
Who Really Benefits from Social Security’s Cost-of-Living Index? Depends How Long You Live
Budget battles in recent years have thrust politicians and budget wonks into heated debates over how to adjust Social Security benefits for inflation. This may seem a dry matter, but once the initial level of monthly benefits is determined, the…
Taking Care of Our Nation’s Seniors and Women
When Obamacare was sold to the American people, it was sold under the guise it would improve our access to and quality of health care. It was relayed to us that this law would bring about fairness and equality to…
Apple rolls out the health-enabled Apple Watch
In a much-hyped event Tuesday, Apple rolled out its new smartwatch that’s able to collect health data and share it with providers through the tech giant’s HealthKit app, which has drawn interest from major healthcare players such as Mayo Clinic and Beth Israel Deaconess…
My Dream Golden Years: 3 Retirement Experts Share Their Plans
Have you ever envisioned what your life will be like in 20, 30 or 40 years—in retirement? Will you travel the world? Start a side gig? Spend the winter months at your second home … right on the beach? There’s…
Social Security’s hidden Medicare penalty
Most people who use online retirement or Social Security programs come to the wrong conclusion about when to start their first payment for Social Security. For starters, the raw data from ssa.gov for specific ages may mislead first-time filers on the size…