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Let Older Americans Keep Working
(By – LAURENCE J. KOTLIKOFF and ROBERT C. POZEN) EVERY day, 10,000 baby boomers — Americans born from 1946 to 1964 — leave the work force. Most of them have not saved enough for retirement; at least one-fifth have basically…
The future of Social Security
(Source – www.msn.com) Moody’s Chief Economist John Lonski, Independent Women’s Forum Executive Director Sabrina Schaeffer and former National Finance Director of the DNC David Mercer on the future of Social Security. Watch video… Notice: The “Read more…” link provided above…
Do you need a target number for retirement?
(By – Virginia C. McGuire, NerdWallet, via www.usatoday.com) How much savings will you need to retire comfortably? “I have zero idea of the answer to that question,” says Mary Wall, a 29-year-old doctoral candidate atHarvard University’s Graduate School of Education. Much of the…
Social Security: Small death benefit causes big confusion
(By – Tom Margenau, Creators Syndicate) I’ve received several emails in the past week or so about Social Security’s one-time $255 death benefit. As part of my response, I told each correspondent that I had addressed their issues in a recent…
Faith-Based Leaders Support Social Security
(By – Jim Winkler, President and General Secretary, National Council of the Churches of Christ in the USA) In the depths of the Great Depression, President Roosevelt and Congress established Social Security, a program that has lifted millions of people…
Two-Thirds of Americans Believe Social Security Is in a Crisis State
(Source – www.thefiscaltimes.com) On the 80th anniversary of the creation of Social Security, Americans who have been buffeted by repeated warnings about long term funding problems overwhelmingly believe that the nation’s premier retirement program is in serious trouble – with many…
Retiring? Four reasons to delay social security.
(By- Steven Elwell, via www.csmonitor.com) Many people nearing retirement age must start benefits immediately for financial reasons. But those who do have a choice should consider the potential benefits of waiting. Here are four reasons to think about delaying your Social Security.…
Don’t leave working Americans in the dark on retirement savings
(By – Rep. Earl L. “Buddy” Carter [R-Ga.]) Having owned and operated community pharmacies for nearly thirty years, I take pride in having provided my employees with the tools they needed to achieve financial independence. One of the most important…
Social Security needs the gift of solvency
(Source – host.madison.com) Happy 80th birthday, Social Security! Here’s wishing you 80 more. But that will require a bipartisan agreement in Congress to keep America’s popular anti-poverty program solvent. Social Security ensures that tens of millions of older Americans have enough retirement income…
A look back at the Social Security Act of 1935 and its forgotten focus on needy children
(By – Katharine B. Stevens, American Enterprise Institute) Eighty years ago today, Franklin D. Roosevelt signed the 37-page Social Security Act (SSA) of 1935 into law, enacting the most fundamental change in social policy in America’s history. But what we now…