Latest News
Medicare Delays Plans For New Star Ratings On Hospitals After Congressional Pressure
Bowing to pressure from the hospital industry and Congress, the Obama administration on Wednesday delayed releasing its new hospital quality rating measure just a day before its planned launch. The new “overall hospital quality” star rating aimed to combine the…
Extra Help With Medicare Prescription Drug Plan Costs
Source – Social Security Administration The Medicare Prescription Drug program gives you a choice of prescription plans that offer various types of coverage. You may be able to get extra help to pay for the monthly premiums, annual deductibles, and…
Retirement for the Younger Generation
Millennials are becoming increasingly concerned with the state of Social Security in how it will affect their retirement years. Many believe that they will not be able to retire because of the problems in the systems solvency. Many experts say…
Taxes in Retirement and Social Security Benefits
Some people will be subject to taxes on their Social Security benefits in retirement. For most people this will not apply, but that is why those that will be affected need a reminder. It is easy to forget this fact…
More clarification on “deemed filing” and “restricted applications”
One of the most talked about issues in the financial/retirement media these days is the changes enacted as a result of the Bipartisan Budget Act of 2015 signed into law late last year. Robert Powell, n article posted on www.usatoday.com, sheds some light…
Social Security and America’s Debt
Almost every discussion on the economy of America boils down in to a tirade about the immense amount of debt that the nation has and continues to accrue. Currently, America’s national debt is pegged at $19.2 trillion. In order to…
Will the New Medicare Drug Plan Actually Hold Down the Costs of Drugs?
Everyone agrees the Medicare program cannot sustain itself beyond the year 2030 without some sort of intervention on keeping costs down. The Obama administration is trying a series of experimental changes in the hope it will reduce the costs of…
Social Security Benefits May Not be Enough
Many people entering retirement reach the realization that Social Security will not be enough to sustain them. The truth is that Social Security was never meant to be a replacement for income, it was always meant to be supplemental to…
Two ways to get people to save for retirement…which is best?
John Ewoldt, writing in the Star Tribune, takes a look at two different approaches to getting people to save for their retirement years–one is a tough love approach, the other a more gentle, reasoning approach. Read the article here… …
The big Social Security decision–when to draw?
One of the most fundamental decisions seniors will make as they age in to retirement will be when to begin drawing their earned benefits. It;s not that simple, as Sean Williams explains in an article posted on www.mysanantonio.com. Read the article…