Headlines
The other retirement plan: work past 65
It’s already happening: more Americans are working further past the age of 65, an age at which they had planned to retire. So says the Bureau of Labor Statistics, which also predicts that this trend is just going to intensify over…
CBO: $10 minimum wage would cut poverty but also jobs
Raising the minimum wage to $10.10 an hour could lift 900,000 Americans out of poverty but also cost a half million jobs, the nonpartisan Congressional Budget Office said Tuesday in a report that’s sure to feed a simmering debate over…
How scary is an older America? Americans aren’t sweating it
America is aging, and it’s supposed to be a big downer. Pensions are crushing government budgets, Social Security is in trouble and Medicare costs are going through the roof. But someone must be putting Prozac in our water supply, because we…
Obama proposes Social Security cuts in 2014 budget
President Barack Obama has released his fiscal 2014 budget proposal and much to the dismay of his own party, it includes cuts to Social Security. Initially thought to be a Republican attack on entitlements during the partisan 2011 debt ceiling “grand bargain” debate,…
Retirement Changes: Health Care, Social Security, and Medicare in 2014
How much do you know about the three largest learning curves that most retirees must face? In dealing with health care costs, Social Security, and Medicare, there are hurdles that can entangle even the savviest retirement-planner, especially when it comes to tracking…
Getting a grip on federal budget realities
The big story about the federal budget this week was the Republican Party’s struggle to deal with raising the debt ceiling. Last year’s big budget story was President Barack Obama and the Democrats coming to grips with the so-called sequester,…
Colleges seek to help students with learning disabilities
Endowed with a new freshman’s hunger for independence, Alix Generous thought she could conquer college without seeking help for the learning disabilities she’d dealt with since she was 11. She was wrong. In her first year at the College of Charleston, Generous…
Understanding Your Tax Forms: The W-2
Each year about this time, mailboxes across America are filled with tax forms. Sometimes, those tax forms go straight to a tax professional, unopened. Other times, taxpayers may dutifully open those forms and type the information, box for box, into…
A ‘very cruel’ Medicare rule is costing seniors dearly
It’s bad enough to be hospitalized. But thousand of seniors across the country are finding their medical problems compounded with financial frustration and large bills because of a Medicare technicality that can cost them dearly.The problem starts when their doctors…
Elder poverty – however you measure it – is not going away
“Without Social Security, nearly half of seniors would be living in poverty,” President Barack Obama said last month, noting the 50th anniversary of the war on poverty. “Today, fewer than one in seven do. Before Medicare, only half of seniors had some…