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Millennials Dubious About Retirement Perspective
Personal Finance Writer Tom Anderson, in an article titled “How much will Gen Y receive from Social Security?” posted on www.cnbc.com, discusses the perspectives of Generation Y/Millennials as they look ahead to retirement. The article offers some tips on what this…
Savings Study Paints Bleak Picture of Retirement Finances
Reports from the Center for Retirement Research at Boston College reports that savings progress seems to be falling behind what’s needed for maintaining a life style comparable to pre-retirement. An article by Kelli B. Grant posted on www.nbcnews.com reports that “time is…
Retirement and the Gender Gap
Longer life spans for women, coupled with the much talked-about wage gap during their working years, leads to a substantial retirement preparedness gap. Suzanne Woolley, in a post on www.bloomberg.com, analyzes the issue from several perspectives. Read the article here… Notice:…
Some Thoughts on Roth IRAs
Jamie Hopkins, Forbes Contributor, provides some suggestions on ways to make use of the retirement planning features of Roth IRAs in this article posted on www.forbes.com. His thoughts uncover a number of tax-related issues many are unaware of. Read the article…
Carson Advocates Voluntary Opt-Out Option for Social Security
In an interview yesterday with CNN’s John Berman, presidential candidate Ben Carson suggested that wealthy people who do not necessarily need the income from Social Security should consider opting-out. He stopped short of complete means-testing, indicating that Social Security is in fact…
A Lesson in Government-Spin Communications
Syndicated columnist Scott Burns, in an article posted on www.dallasnews.com, provides a tongue-in-cheek view of a sure-fire method that could be used to pacify virtually everyone despite their conerns for the future of Medicare and Social Security. Read the article…
Three of the most pressing Social Security questions
Financial planner Joe Latour, in a recorded interview aired on www.ky3.com, shares some thoughts on three of the most common planning questions Social Security-bound people typically have. They included the infamous “when to file” questions, concerns on Social Security’s solvency, and the…
Presidential Candidates and Social Security – A Discussion on Positions
In National Public Radio’s Weekend Edition Saturday program, National Desk Correspondent Ina Jaffe provides an in-depth analysis of what the 2016 presidential candidates are saying in their various campaign statements. Listen to the 5-minute audio recap here… Notice: The…
Lawmakers Push Plan To Replace Medicare Cards With ‘Smart Cards’
Rep. Peter Roskam, R-Ill., is teaming with Sen. Mark S. Kirk, R-Ill., in pushing a plan aimed at replacing traditional Medicare cards with smart cards containing computer chips to guard against fraud and identity theft. Roskam’s proposal (HR 3220) would…
Preparing for Health Care Costs in Retirement
For those eligible for a Health Savings Account (HSA), there is an advantage made possible through use of HSA proceeds to cover health care costs. Ryan Guiba, in an article posted on www.usnews.com, explains. Read the article here… Notice: The…