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2016 Red Book – A Guide to Social Security Work Incentives
This free publication from the Social Security Administration has information about employment support programs, also called “work incentives,” for people who receive Social Security disability benefits. Work incentives can help people with disabilities go back to work or enter the…
Disability Insurance Program Scheduled for New Cost Savings programs; CBPP Expresses Caution
With the Social Security Disability Insurance program solvency extended to 2022, a new round of mandated programs to reform the program is planned. The Center on Budget and Policy Priorities, however, recently suggested doubt that the new initiatives will generate substantial…
Social Security’s Unpleasant “Surprise”
Beneficiaries new to Social Security may be surprised to find that a portion of their monthly benefits are subject to Federal Income Tax, depending on their overall taxable income level. Read about this situation at www.fool.com… Notice: The link…
How Home Ownership Fits in Some Retirement Plans
For those who are relying principally on Social Security to fund their retirement years, the equity position in a home can have significant impact. Jim Porter, in an article posted on www.dailyrepublic.com, provides insight into how best to factor this equity…
Boomer’s Definition of Retirement
Baby Boomers are putting their own spin on the whole retirement thing, marching off in a different direction than those in generations previous. Boomer retirees are living longer, healthier, and busier lives in retirement. As Boomers start to retire en…
Baby Boomers and the New Retirement
Baby Boomers are blazing a new trail in retirement, redefining the term. Half of all Boomers plan to work well in to retirement, whether it is continuing in their career or picking up part time work. This is for a…
Social Security’s Disability Fraud Initative
The Minnesota office of Social Security’s Cooperative Disability Investigations (CDI) program is joining forces with 36 other offices country-wide in a continually expanding effort to deal with fraud. The driving force behind this expansion effort is the continual growth in fraud investigations, which…
Another Look at Social Security Filing Strategies
The importance of understanding various strategies for timing access to Social Security benefits is underscored in this article posted by Tim Carney on www.burlingtonfreepress.com. His article discusses the later-life financial insurance aspects of Social Security, and illustrates the implications of…
How Boomers are Sharing Their Wealth
Inheritances are dwindling in the latest generation to reach retirement age, many hesitant to leave significant amounts of money to their children. A new trend is taking its place, however, in the form of a living inheritance. Boomers are more…
Financial Difference Between Boomers and Millennials
Even counting for inflation, most things today are more expensive than they were in the past. This has caused a shift in what it means to achieve the “American Dream” between Baby Boomers and their children. Millennials are having a…