Headlines
Retirement myths you need to ignore
Ever find yourself around the water cooler discussing with co-workers how your 401(k) is performing — likely leading to the increasingly popular “I’ll never be able to retire” discussion? It’s becoming a bit of a modern-day lament, begging the question:…
Give low-income earners more from Social Security
A new study just published by the National Institute on Retirement Security, “Race and Retirement Insecurity in the United States,” presents a dismal snapshot of the state of retirement savings of minority American families. It reports that 54.3 percent of…
COLA cap would cut lifetime retirement of service members
The yearly value of a 20-year military retirement would be cut for the current force steadily until age 62 under a COLA cap provision in the “bipartisan” budget deal struck by Rep. Paul Ryan R-Wis., and Sen. Patty Murray, D-Wash.,…
Long-sought Medicare change could help local doctors, patients
The U.S. Congress is closer than ever to fixing a federal reimbursement crisis that every year around the holidays threatens to cut Medicare payments to doctors by about 25 percent. The legislative fix would eliminate Medicare’s formula for controlling spending. Known…
Wheelchair icon revamped by guerrilla art project
It started as a guerrilla street art project in Cambridge aimed at beginning a conversation. Then it quickly became something else, a grass-roots movement that spread quickly, because it requires no language and no explaining. You just have to consider…
Lawmakers express hopes for permanent Medicare ‘doc fix’
Committee leaders in both the House and Senate expressed optimism Thursday that Congress could soon reform Medicare’s flawed physician payment system. The chairmen of the Senate Finance and House Ways and Means committees urged quick progress on bills to repeal…
Addressing Four Misconceptions That Can Derail Social Security Disability Benefits
Many people put off an application for Social Security Disability benefits because they feel it is too complicated, that they don’t qualify, or because of worries that the process is simply too daunting. Handler, Henning & Rosenberg has helped numerous…
AMAC Warns on Social Security’s Financial Cliff
The Association of Mature American Citizens (AMAC) today reaffirmed concerns expressed in the 2013 Social Security Trustees Report about the program’s projected insolvency. Despite recurring internet postings dispelling the Trustees’ observations and projections of an impending shortfall, AMAC president Dan Weber…
Claiming Social Security at 70 can cost your clients
For all of Social Security’s solvency problems, Americans, who are notorious for claiming benefits early and therefore leaving lots of money on the table, are doing their part to sustain the program. But the savvy and disciplined Americans who delay claiming…
CBO Reduces Expected Cost of SGR Repeal to $153.2B
The Congressional Budget Office has reduced the estimated cost of a House bill that aims to repeal and replace Medicare’s sustainable growth rate from about $175 billion to $153.2 billion from 2014 to 2023. The House Energy and Commerce Committee unanimously approved the bill this past summer.…