Headlines
The Political Landmine That Social Security Regrettably Continues to be
There’s a reason almost no politician talks about reforming Social Security, even in the face of its looming insolvency. “Touch it, and you die” is the way most have described the program for decades. Sen. Ron Johnson (R-WI) is the…
Navigating a Roth conversion with Social Security
Roth IRA conversions appear to be all the rage lately, as the tax climate and the market are favorable now for converting. However, for those receiving Social Security benefits during the year of a Roth conversion, it pays to understand the tax implications of adding more…
Unretiring is Becoming Common. What then about Social Security?
Unretiring is among the newest crazes since we have emerged from the worst of the pandemic in 2020. Whether due to the necessity of inflation or just a desire to grab one of the millions of job openings for extra…
Applying for Social Security Online
Applying for Social Security is probably the most important financial decision you will make in your lifetime, and it’s not a decision to be made lightly. Everyone’s situation is different and it’s important to consider everything – your financial need;…
Ideas for Reforming Social Security
As they say on The Family Feud, “the survey says” – that American voters support reforming the Social Security program to restore it to fiscal solvency. The survey in this case was conducted by a University of Maryland program which…
What You Should Know About Medicare Enrollment
To say that understanding all of the nuances of enrolling in Medicare is difficult is an understatement. Most know that age 65 is when you should enroll, but most don’t know exactly when, or even if they actually are required…
Social Security Benefits for Children
Sure, Social Security is well known as a retirement benefit program for American seniors, but it is actually much more. Almost from its inception, Social Security was intended to also provide financial security for eligible dependents of retired seniors who…
2023 Medicare Part B Premium Increase May Be Mitigated
It’s too early to say for sure, but the 2023 increase to Medicare’s Part B premium may be somewhat mitigated, or perhaps even zero, as a result of the Centers for Medicare and Medicaid Services (CMS) overestimating Medicare costs for…
Tips that ordinary people can use to find their personal retirement numbers
U.S. workers aren’t saving enough for retirement. The annual Retirement Confidence Survey found that: “More than half of workers report they have less than $25,000 in total savings and investments, including 29 percent who have less than $1,000.” Planning for…
Avoid these common myths to make the right choices in retirement.
Every person knows of at least one terrifying urban legend they tell around the campfire late at night. As with all folklore and mythology, the designation suggests nothing about the truth; but merely that it is in circulation, exhibits variation…