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Restoring Solvency to the Social Security Retirement Program
(Source – Tax Foundation, www.forbes.com) August 14th marks the 80th anniversary of the signing of the Social Security Act by President Franklin Roosevelt in 1935. The program has done much to alleviate poverty among the elderly. Unfortunately, the system itself…
3 ways to fix Social Security’s funding shortfall
(By – Phil Moeller, via www.cnbc.com) Social Security is celebrating its 80th birthday this week—not bad for a program that was as hotly contested in its day (three trips to the U.S. Supreme Court) as was Medicare 50 years ago and as…
Preserving Social Security for the Long Term
(By – Bryann DaSilva, www.cbpp.org) This latest post in our breakdown of the Top Ten Facts About Social Security explains that benefit levels are modest, as are the changes needed to ensure the program’s long-term solvency. Read more… Notice: The “Read…
Why Social Security Is More Crucial Than Ever for Your Retirement
(By – Dan Kadlec, time.com) Social Security, the long-embattled entitlement that lifts 15 million seniors out of poverty and is the sole source of income for nearly one in four recipients, turns 80 on Aug. 14. Its future remains tenuous as ever.…
Social Security’s Crisis Next Year With Disability Insurance
(Source – www.concordcoalition.org) In a Washington Monthly op-ed focusing on Social Security’s Disability Insurance program, Phil LaRue, government relations director for The Concord Coalition, writes that reform is personal for the 11 million Americans who could face a severe cut in…
A Silver Tsunami Invades The Health Of Nations
(By – Reenita Das, Forbes Contributor) One of the biggest mega trends impacting the world today is population aging. By 2020, for the first time in history, the number of older people will outnumber the number of children younger than 5…
Big Price Hikes Coming for Medicare Premiums in 2016
By – Martha Lynn Craver, www.kiplinger.com) Retirees, adjust your budget: Double-digit price hikes for Medicare Part B premiums are coming next year. The actual rates for Part B (which covers the costs of doctor visits and outpatient care) will be announced in October…
Social Security After Divorce
(Source – www.nasdaq.com) If you plan to retire soon and you’re divorced, you may be entitled to additional Social Security retirement benefits based on your ex-spouse’s work and earnings record. Here’s how to get what you might well be entitled to. This…
Eight trivia questions for 80th Anniversary of Social Security
(By – Kirk Larson, Social Security Western Washington Public Affairs Specialist) Eighty years ago, on Aug. 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. Here in Washington, Social Security plays a major part in supporting our communities…
Preliminary observations on overpayments and beneficiary work reporting concerning disability insurance
(Source – hr.cch.com) The SSA’s Disability Insurance (DI) program is one of the nation’s largest cash assistance programs. To ensure that beneficiaries remain eligible, SSA regulations require that they promptly report their work activity—including starting a job or a change in…