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Social Security’s steadily eroding base…and what it could mean to you
Social Security’s financial reserves — the cushion that, for the past few years, has enabled the program to pay scheduled benefits in full — are evaporating at an increasing rate. For example, in 2024, the program paid out $67 billion…
Highlighting the Inadequacy of Social Security’s COLA
Much has been written about Social Security’s annual cost-of-living adjustment (COLA) process and its inability to keep pace with the cost patterns seniors face. The Senior Citizens League, for example, reports on its website that “Social Security benefits have lost…
Claiming Social Security Benefits: Some Fundamentals that assess your readiness
It’s a big step… no doubt about that! Many folks aging into Social Security eligibility agonize over whether they are ready to pull the plug and claim their benefits, a decision that involves a range of factors. A post by…
Will your retirement plans survive contact with reality
You thought you were on track with your retirement planning. You worked with a financial advisor, you maximized your Social Security, and you were a savvy investor. However, according to a recent survey, only 40 percent of respondents who retired…
The latest 2027 COLA projections
The predictions for the 2027 Social Security cost-of-living adjustment (COLA) increase have begun. With the release of the most recent data from the Bureau of Labor Statistics (BLS), experts, including the Congressional Budget Office, have updated their forecast models. However,…
2026 filing season updates and resources for seniors
There are some changes for the 2026 tax filing season that people who are 65 years of age and older should be aware of. The most recent being the enhanced deduction for seniors, which is a provision of the One,…
7 Ways Veterans Can Protect Themselves From Scams
Veterans have served our country with honor and deserve to be protected from threats to their benefits and personal information. Unfortunately, scammers often pose as employees of the Department of Veterans Administration (VA) and contact veterans by mail, phone, email,…
Turning bricks and mortar into retirement income
The baby boomer generation currently makes up most of the American retirees, and they are sitting on a record $19 trillion in real estate wealth. For some, home equity accounts for one-third of retirees’ financial assets, whereas traditional retirement savings…
Updates to Social Security to be aware of
We have all seen the media headlines announcing the 2026 Social Security COLA of 2.8 percent. The Medicare Part B premium is increasing by 9.7 percent to $202.90. However, there are more changes to Social Security in 2026 that you…
New Supplemental Security Income Improvements Team
In September 2025, Commissioner Bisignano created a new SSI Improvement Team to make SSI processing more efficient, reduce improper payments, speed up automation, and help SSI recipients comply with program requirements. Continue reading here… Notice: The link provided above connects readers…