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The Average Retirement Investment
Chances are you have a 401(k) as part of your retirement plan, it is one of the most common options in saving for retirement. There are many other options available, and many are used in tandem, but the 401(k) is…
Fast Facts & Figures About Social Security, 2015
Fast Facts & Figures answers the most frequently asked questions about the programs administered by the Social Security Administration (SSA). It highlights basic program data for the Social Security (retirement, survivors, and disability) and Supplemental Security Income programs. Most of…
Looking Ahead at Social Security’s Changes in 2016
The Motley Fool’s Dan Caplinger takes a look at what’s ahead for Social Security in the coming year, focusing on a series of six primary changes everyone needs to understand. Read Caplinger’s article here… Notice: The link provided above…
Understanding Social Security’s Calculation Methodology
To many people, the calculation of an individual’s Social Security benefit is somewhat of a mystery. Rest assured, the process for determining monthly benefits does follow a prescribed set of steps, as described in an article published by Forbes Contributor Wade…
Further Comments on the Details of the Budget Deal
Many articles have been published in the few days since the bi-partisan budget deal was passed, and many of them have dealt with the implications of the elimination of the “file and suspend” provision previously employed by many Social Security…
Time for Tax Planning Regarding Your Social Security Benefits
As the end of the year approaches, many people take the time to look ahead to their income stream for the coming year. As a refresher on the subject of just how much of your Social Security benefits are taxable,…
Closing Benefit Loopholes
The new budget deal passed by the House closed a File-and-Suspend loophole with collecting Social Security benefits while allowing other benefits to grow larger. Many see this as devastating to the current system because it is effectively removing an investment…
Medicare Problem Delayed
A new budget deal has alleviated fears of rising Medicare Part B Premiums, capping the increase to 15 percent from the former 52 percent. This is good news in the short term because of the fact that Social Security benefits…
Mike Huckabee Finds Fault With Social Security Reallocation
Calling it “waste, fraud, and abuse,” presidential hopeful criticized the debt deal’s provision to reallocate $150 billion from the Social Security trust fund, and called for reform of the disability insurance program as a more suitable alternative. Breitbart’s Alex Swoyer provides…
Staying Healthy in Retirement
A recent survey showed the many Baby Boomers are pretty lax when it comes to their health care and prevention. Many take more reactive approaches than preventative actions which leads to an overall poor management of their health. One of…