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Student Loans in Retirement
There is a growing trend of seniors becoming indebted due to student loans. Since 2013 there has been an 886% growth in student loan debt in those 65 and older. This is causing a hardship in retirement for these people…
Social Security Under Bernie Sanders
One of the biggest debates in the current election cycle is on how the Social Security system will operate under each candidate. Each candidate has proposed their own solutions to the problems facing Social Security. Sanders would see the program…
Trump and the “nonexistent centenarians” on Social Security
Republican presidential candidate Donald Trump’s debate assessment on Saturday of a major cause of waste and fraud in Social Security has some validity, according to a fact-checking article posted by the Star Tribune. Read the article, which checks other statements…
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…