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Presidential candidates can’t ignore Social Security
(By – Mary Beth Franklin, www.crainswealth.com) The clock is ticking for the Social Security Disability Insurance Trust Fund. Unless Congress intervenes, the trust fund will run dry in late 2016 — just about the time Americans will be electing a new president. Without…
Retirees Face Double Social Security-Medicare Whammy Next Year
(By – MARK MILLER, REUTERS) Retirees are facing a double whammy next year: no inflation adjustment in their Social Security benefits and a whopping 52 percent jump in certain Medicare premiums. The Medicare premium hikes will hit only 30 percent of…
Pressures on Social Security Projected
(Source – www.fedweek.com) Changing demographics and extended life expectancies will put pressure on Social Security finances beyond what has been previously projected, a Congressional Budget Office report has said. The report provides updated figures on often-reported trends but carries a new warning…
Social Security Disability Program to Add Judges, but Hearing Backlog Unlikely to Improve in Near Future, Allsup Reports
(Source – www.prweb.com) The growing hearing backlog in the Social Security Disability Insurance (SSDI) program should see some needed relief with the Social Security Administration’s plans to hire approximately 250 administrative law judges (ALJs) this year, according to Allsup, which has…
7 Ways to Deal With Financial Anxiety Before Retirement
(By – David Ning, money.usnews.com) If you started saving as soon as you got out of college, had a stable job throughout your career and lived below your means all your life, you have likely amassed more than enough to live…
9 things to watch in the GOP debate
(By – Michael K. Farr, via www.cnbc.com) While there will undoubtedly be some interesting moments of television drama during the first GOP debate, here’s a checklist of nine topics American voters should be on the lookout for to see where the candidates…
Social Security and Your Retirement: When?
(By – Bill Schu, www.hcplive.com) By the time Generation Y and Millennials are ready to retire, Social Security will either be bankrupt and nonexistent, completely reformed and funded differently than it is today, or replaced by some other mechanism. But if you’re…
Bernie Sanders: Making Medicare an Issue in 2016
(By – Jennie Burger, lawstreetmedia.com) Last Thursday marked the 50th anniversary of Medicare, a program instituted under the Social Security Act in 1965 by President Lyndon B. Johnson. To honor the anniversary of Medicare, the National Nurses United held a rally at…
VA May Finally Expand Disability Benefits For Camp Lejeune Veterans
(By – Lynne Peeples, www.huffingtonpost.com) The Department of Veterans Affairs announced plans on Monday to begin revising how it grants disability benefits for veterans who lived at Camp Lejeune, a Marine Corps base in North Carolina, during the 30-plus years that toxic chemicals…
In My Opinion: Social Security has been lifeline for millions
(By – LISA NEWTON, Social Security Administration Plattsburgh district manager) Social Security has provided critical financial help to people of all ages for the last 80 years, and despite our age, we’re far from retiring. As the Social Security program celebrates its…