Latest News
New Years Resolutions for Baby Boomers
As an indication of how times have changed, especially for the Baby Boomer Generation, Steve Vernon of Moneywatch provides a set of innovative potential New Year’s resolutions for the coming year in an article posted on www.cbsnews.com. Read the article here… Notice:…
Changes to Retirement Saving in the New Year
In order to get the most out of saving for retirement and ensure a secure future is to stay on top of the many changes in retirement planning. 2016 is bringing many changes to keep up with, the biggest of…
Medicare’s Top 5 Costliest Part D Drugs
In an article titled “5 Costliest Drugs Per Medicare Part D Beneficiary,” Allison Gilchrist, Associate Editor of Pharmacy Times, provides a review of Medicare’s five most costly drugs in 2014. Read the article here… Notice: The link provided above connects…
How the Budget Bill Affects You
The recent federal budget bill put in to place some pretty big changes to how people are thinking of their retirements. With all the talk about changes, you might have missed the fact that there will be no changes for…
Forbes: The Cost of Health Now Over $4.9 trillion
Using an expanded approach to assessing the magnitude of health-related spending, Forbes Contributor Chris Conover pegs the overall tab at nearly $5 trillion, compared to the much lower ($3 trillion) projection set forth by the Ceners for Medicare and Medicaid Services…
Changes to COB Income Replacement Rates Anaylzed
Andrew Biggs, resident scholar at the American Enterprise Institute (AEI), takes a look at the Congressional Budget Office’s revised Income Replacement Rates–the amount of pre-retirement income provided by Social Security–and offers commentary on the impact on arguments for expanding Social Security.…
Bush Advocates Increase in Retirement Age for Social Security
In a campaign sweep through Florida, presidential candidate Jeb Bush covered a variety of popular issues, including his views on Social Security solvency. Part of the solution, he suggests, is to increase the retirement age by one month each year starting…
Reactions to IRS Proposal for Charitable Organizations’ Data Collection Continue to Pile Up
Concerns regarding the most recent IRS proposal to enable–in fact, to encourage– non-profits to collect Social Security numbers from contributors continues to build, as noted in an article posted today on www.thefiscaltimes.com by Eric Pianin. The potential for donor pull-backs and the…
Reasons for Working in Retirement
More than 4 million people over the age of 65 are staying in the workforce, according to the U.S. Bureau of Labor Statistics. Many of them need to work to supplement their living expenses, but others prefer it in order…
Getting the Most Out of Social Security
Sure, it’s a government-controlled program, but you need to know there are several key factors affecting your eventual payout from Social Security that are within your control. Some are obvious, like earning more and working longer, but some are a bit…