Headlines
Social Security fix would require big tax increase
Preserving Social Security for the next 75 years without reducing any projected benefits would require an immediate and permanent 3.4 percent payroll tax increase, the Congressional Budget Office said Tuesday in a new report looking at long-term budget challenges that…
The WEEK of September 16 is NARFE National Call Congress Week!
NARFE is undertaking a series of events the week of September 16th to draw attention to the Chained CPI and urge Members of Congress to oppose this change. To protect your COLA, you must contact your Representative and Senators during NARFE’s…
Why I Want to Increase My Retirement Age
I am 41 years old, a college graduate, a husband and father, a business owner, an engaged member of my community and a proud American. I happen to be a Certified Private Wealth Advisor (CPWA) and Accredited Investment Fiduciary (AIF),…
In our opinion: A looming retirement crisis
Americans are facing a multifaceted retirement crisis. Fewer companies are offering defined pension plans. Many of those who still do, including government employers, are facing deficits requiring them to change their policies. And too many workers themselves are not saving…
Bowyer: How business can help avoid looming retirement crisis
I’m a business leader, a baby boomer and a consumer. In each of these roles, I’m concerned about retirement security, or should I say the lack of it? But it’s as a business leader that I have the most concern. Like…
GAO: $1.3 billion in ‘improper’ federal disability payments
An upcoming GAO report obtained by NBC News says the federal government may have paid $1.29 billion in Social Security disability benefits to 36,000 people who had too much income from work to qualify. At least one recipient collected a potential…
Think Social Security is guaranteed?
Good financial planners use sophisticated computer programs to help us set retirement savings goals. They input dozens of variables based on assumptions about how the world works, and out pops a number telling us how much we should save during…
Obamacare’s data hub insurance network is completed
Obama administration officials, facing criticism they are behind schedule in implementing the president’s health-care law, said Tuesday they have finished a major piece of the technology that will help millions of Americans sign up for insurance this fall. Federal health officials…
Congress returns with long to-do list, short timetable
WASHINGTON – Congress returns Monday with 39 legislative days scheduled before the end of the year to debate the most consequential foreign policy vote under President Obama, resolve pressing budget deadlines and determine whether an immigration overhaul has a fighting…
The incredible importance of Social Security
It’s difficult to overstate the importance of Social Security. I don’t say this as a blind loyalist of our largest social program. I’m awestruck by how large it looms for all but the wealthiest Americans. Without this program, America as we…