Latest News
Gay Couples Are Eligible for Social Security Benefits, U.S. Decides
(By – TARA SIEGEL BERNARD, www.nytimes.com) Same-sex married couples who were living in states that did not recognize their unions and who previously filed claims for Social Security benefits will be able to collect those payments, the government said on Thursday. The…
COLA Increase in 2016 Appears Less Likely
(By – Ralph Smith, www.fedsmith.com) As we edge closer to October, when federal retirees and Social Security recipients learn how much their COLA will actually be in 2016, the answer to whether there will be a COLA increase in 2016 becomes…
The Millennial Generation Eclipses Baby Boomers
(Source – www.dailyforex.com) Remember all the talk about baby boomers and how they would change the world? Now it’s the millennial generation that is making headlines as a new generation of entrepreneurs and innovators make their presence felt in every aspect…
Only half of U.S. singles have a retirement savings account
(By – Becky Yerak, via Chicago Tribune) The population of single people is rising, but along with that growth comes a troubling statistic about their retirement savings accounts: Only 51 percent of unattached people have one, according to a study released Wednesday…
The Real Reasons Americans Aren’t Saving Enough for Retirement
(By – Penelope Wang, time.com) When it comes to saving for retirement, most American workers are not only falling short, they don’t even know how behind they are. What’s more disturbing, research shows that savings trends are getting worse, despite a decades-long…
Don’t despair about retirement — take action
By – STEVE VERNON, www.cbsnews.com) Yet another survey illustrates the anxiety many Americans feel about retirement. Insurance company Northwestern Mutual recently released its 2015 Planning and Progress Study, which reveals how many Americans feel insecure about their retirement: 31 percent believe there’s…
What disability, pensions mean for Social Security benefits
(By – Kelli B. Grant, www.cnbc.com) When it comes to Social Security claiming strategies, “it’s complicated” is the usual answer. If you’re on disability, are a state employee or have a public pension, make that answer “it’s really complicated.” For most Americans, the…
62? 70? Doing the math behind Social Security
(By – Kenneth Kiesnoski, www.msn.com) Most of us don’t think much about Social Security early in our working lives, apart from noting the weekly toll on our paychecks. But as retirement nears, it’s important to know when—and how best—to finally claim benefits…
Tale of the Red Tape: $22 Billion in Savings from Cutting Ridiculous Regulations
(By – Eric Pianin, www.thefiscaltimes.com) For years, some fishermen were required to file weekly reports with a federal agency on their catches — even on weeks they didn’t fish. Falconers had to obtain permits from both the state and the federal government…
Why Social Security Scores as Most Popular Value Add Program
(By – CHARLES PAIKERT, www.financial-planning.com) Want to get advisors attention? Give them value add programs about Social Security benefits and strategies. Also of interest: programs from product providers about generating income in a low interest rate environment, navigating compliance or regulatory requirements and allocating…