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Eight Decades of Social Security
Social Security has been a huge boon to those that needed it in its history. Before its implementation, as many as half of all seniors lived in poverty and the numbers show as many or more would be in the…
Understanding Your Taxes in Retirement
Even after paying taxes your entire working career it can be easy to forget the amount of taxes you will be paying in retirement. This is important to keep in mind because it will make up a significant portion of…
More Mistakes to Avoid with Social Security
Educating yourself on Social Security is still one of the most important things you can do heading in to retirement. There are far too many mistakes that could be simply avoided by have basic knowledge of the system, and this…
Pensions Could Affect Your Social Security
If you were ever a public employee covered by a pension, you could be looking at reduced benefits from Social Security. Government workers in 15 states may have their benefits reduced by the “Windfall Elimination Provision” in their retirement, even…
Understanding How Much You Need in Retirement
It can be easy to be fooled by a large number in your savings account if you don’t price out how much you actually need. Money in savings drains quickly when you aren’t bringing in any more money. It is…
Retirement for Non-Working Spouses
Many times, those people that spent their entire working lives inside the home not collecting pay checks forget about their options in retirement. They are far from being ineligible for benefits, but often don’t realize what they are entitled to.…
Sales of RVs on Rise as Boomers Retire
Some people are jumping at the opportunity to invest in the sales of RVs as their business is recovering from a drop during the recession. One of the reasons attributed to this boost is the constant retirement rates of Baby…
Student Loans and Social Security
Lawmakers are currently fighting to introduce a bill that would put a stop to the garnishment of Social Security benefits that go to paying off outstanding federal student loan debts. This has been allowed since 1996 with a law put…
Sanders to Expand on Plans of FDR
In a recent speech by Bernie Sanders, he states that he wants to return to the ideas laid out by both Franklin Roosevelt and Lyndon Johnson. Sanders brought up the problems facing retirees today, saying that too many enter retirement…
Diversity Visa Program Under Renewed Scrutiny
Described as a “gateway to Social Security fraud,” the Department of State’s Diversity Visa (DV) program is the subject of scrutiny aimed at potentially cancelling the lottery that has been in place since fiscal year 1995. A recent report by…