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What You Need to Know About Social Security “Going Broke.”
(Source – www.suzeorman.com) You know that I think it is smart to delay taking Social Security as long as possible, so you can then receive the biggest possible Social Security payout. But I often hear from many of you that you…
Hillary Clinton points to Social Security changes in AFL-CIO questionnaire
(Source – www.bayoubuzz.com) Hillary Clinton has told the AFL-CIO she wants to improve Social Security benefits for women and lower-income seniors, offering a glimpse of the Democratic presidential front-runner’s thinking on a topic she has rarely addressed on the campaign trail.In…
Social Security Update: Agency Backpedals as NRA and Pro-Gun Officials Press for Answers
(Source – www.gbhuntsmans.com) Last month, we reported on a story by the L.A. Times that indicated the Obama White House is eyeing ways to use the Social Security Administration (SSA) as a source of records for NICS, which includes a federal…
Top 6 Retirement Facts Baby Boomers Need to Know
(Source – www.fool.com) During the next two decades, almost 10,000 Americans will retire every single day. If you’re one of them — or plan to be — then you need to be sure you’re prepared. Retirees are living longer than ever before,…
Where the Republicans Stand on Social Security
(Source – berniesanders.com) Scott Walker: would raise the retirement age, proposes non-specific “reforms” for workers his age (47) and younger. John Kasich: would privatize Social Security for future seniors and undermine Social Security for Baby Boomers who are close to retirement; proposed a new tax…
On Anniversary Of Social Security, Reflections On Arkansan Who Shaped It
(By – CHRIS HICKEY, ualrpublicradio.org) Wilbur D. Mills began his political career as White County Judge at the height of the Great Depression. The Democrat was later elected to Congress, representing Arkansas’s Second District in the U.S. House of Representatives.…
Auto enrollment in 401(k)s takes the guesswork out of retirement
(By – Jeff Reeves, Special for USA TODAY) Saving for retirement is something that every American should be doing. But in reality, many do not. That’s why many financial experts, government officials and even businesses themselves are increasingly advocating automatic savings plans…
9 things to know about Social Security as it turns 80
(Source – www.phillytrib.com) Happy birthday, Social Security! The program was signed into law by FDR 80 years ago Friday. At the time, most people had lost any savings they had during the Great Depression, leaving them with little for retirement. Some companies…
No Labels on Social Security
(By – William Galston, The Hill) The American people are worried about Social Security. According to a recent survey by the Gallup organization, only 51 percent of individuals not now receiving benefits expect to get them when they retire. Fully…
Social Security turns 80; are higher payroll taxes, reduced benefits inevitable?
(Source – Denver Business Journal, via www.9news.com) Social Security turned 80 on Friday, and small business owners have reason to celebrate the program: It’s often the main source of retirement income for them, just as it is for nearly two-thirds of all…