Latest News
New Social Security Rule for SS Online Account access
Social Security has implemented a new rule requiring those who have an online personal account at SSA.GOV to be able to receive text messages to a cell phone. This is part of a new account security feature where account owners…
Medicare and Social Security Are NOT the Same.
For most baby boomers your full retirement age is 66; however, you become eligible for Medicare when you turn age 65 so you will need to sign up for Medicare separately. The article outlines how to sign up for Medicare…
Continuing Work in Retirement
It is becoming a new reality that retirement does not really mean retirement these days. Many simply cannot afford to retire for a multitude of reasons. Since pensions have become increasingly rare, Americans have not adapted well to saving for…
Are You Being Improperly Billed?
Federal officials have warned doctors that they may be subject to penalties if they improperly bill poor people on Medicare for deductibles, copayments, and other costs from which they are supposed to be exempt. Read article here….. Notice: The link provided…
Looking at the 4% Rule on Retirement Savings Withdrawals
The “4% rule” that many of those heading toward retirement were told would provide adequate financial support needs to be re-examined in the light of a 21st century economy. With virtually non-existent interest income, the continuing disappearance of traditional pension plans,…
The Post-65 Workforce: A Majority of Full-time Workers
An article posted on www.nytimes.com by “The New Old Age” columnist Paula Span provides a glimpse into the growing segment of “seniors” remaining in the workforce after reaching the golden age of 65. With the BLS reporting that a majority of…
Retirement: A Complete Shift in Strategic Thinking on Finances
Moving from one’s working years to a retirement phase, when accumulated assets become the support for living, requires a sea-change in thinking about financial strategies. In an article posted on credit.com by Certified Financial Planner Evan Beach, a series of…
Taking a new look at retirement options
Call in the “new retirement” or call it reality, but either way people aging into their golden years are thinking differently about how they will spend this last segment of their lives. In an article posted on The Gazette, Certified…
Action you can take if you received inaccurate information on “file & suspend change”
Forbes contributor and Boston University professor of economics Laurence Kotlikoff offers suggestions the anyone who believes they were supplied incorrect information on the “file & suspend” changes earlier this year in an article posted on www.forbes.com. Read the article here… Notice:…
MedPAC: Who are They?
The Medicare Payment Advisory Commission (MedPAC), established by the Balanced Budget Act of 1997, is independent non-elected congressional agency that advise Congress on issues affecting Medicare and provide recommendations on Medicare program. Read article here… Notice: The link provided…