Headlines
What No One Wants to Admit About Social Security Taxes
It’s a bummer when you see how much income tax comes out of your paycheck. But when you see that Social Security line item, do you think, “At least that’s going to pay for my retirement”? It’s not. The tax money you’re…
Two Leading Senior Groups Join Together
The conservative voice of America’s senior citizens “has just gotten a little louder,” according to Dan Weber, president of the Association of Mature American Citizens (AMAC), and Michael Young, founder of Generation America, who issued a joint announcement today on…
Be wary of potential scams as tax deadline approaches
With the deadline to file income taxes quickly approaching, there’s a lot more to worry about besides just getting receipts in order. Last year, about two million people discovered someone else used their name and Social Security number to file a…
Johnson, Warner Introduce Social Security Data Integrity Bill
Sen. Ron Johnson of Wisconsin and Sen. Mark Warner of Virginia introduced a bill Thursday to permit the Internal Revenue Service (IRS) to alert taxpayers that they have been victims of identity theft. The bill, the Social Security Identity Defense Act…
9 quick facts from Social Security Commiss. Colvin; some you probably didn’t know
AL.com met this morning with Carolyn Colvin, commissioner of the Social Security Administration, who was in town visiting staff at Alabama’s local processing service centers. During the hour-long meeting, she shared some basic facts and statistics about Social Security that you…
More people are delaying Social Security benefits
It looks like people are now paying attention to the plethora of advice retirement analysts and writers — including me — have been offering about delaying Social Security benefits as a means of improving retirement security. The Social Security Administration’s Annual…
Social Security Benefits: Most Workers are Surprised at Their Options
Fact: One decision about Social Security benefits can mean $150,000 more in income over your lifetime, for you or your surviving spouse. Fact: Around 10,000 American workers enter retirement each day. Most don’t realize they have so many options with their…
Social Security: The 3rd Rail of Politics
Social Security has long been referred to as the ‘3rd rail of politics’ because touching the issue has proved fatal for most politicians. On April 1st, House Budget Committee Chairman Paul Ryan released a proposed budget for FY 2015, Path to Prosperity, in which he provides for…
How Social Security Was Saved
The release of the White Houses 2014 budget in April 2013 was a stomach-churning occasion for American seniors who depend on Social Security. In an effort to woo the austerity-now crowd, President Barack Obama included in his proposal a new…
Caught in Social Security’s infuriating labyrinth
I’m willing to wager there are people who have been driven insane as a result of dealing with the Social Security Administration. In my mother’s time of need, when she was moved to a nursing home, Social Security cut her…