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Facts and figures about Social Security at 80
(By – Associated Press) A look at Social Security 80 years after President Franklin Roosevelt signed the Social Security Act: ___ —Total beneficiaries: 59.5 million. —Number of people receiving retirement benefits (including workers, spouses and children): 49 million. Read more……
How Social Security Has Changed Over 80 Years
(By – Emily Brandon, money.usnews.com) President Franklin D. Roosevelt signed the Social Security Act on Aug. 14, 1935. Regular monthly payments to retirees began in 1940 and have continued ever since. But there have been several important adjustments to the program, including…
Social Security: An inconvenient truth
(By – Thomas L. Knapp, qctimes.com) The first “top 10” Republican presidential nomination debate consisted almost entirely of empty calories, and it’s easy to see why. The event was put on by Fox “News,” its dominating presence was Donald Trump, and its…
MARK LEVIN: FOX NEWS, MEGYN KELLY ‘HOSTED A NATIONAL ENQUIRER DEBATE, NOT A REPUBLICAN DEBATE—OWE AMERICAN PEOPLE AN APOLOGY’
(By – ROBERT WILDE, www.breitbart.com) Levin described the debate as a failure to address the two hundred trillion that America faces in unfunded liabilities, the bankruptcy of the Social Security system, the fact that Medicare and Medicaid are on the brink of…
Social Security woes could jolt retirees next year
(By – Reuters) Retirees could receive 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 beneficiaries: those…
Retirees Stung by ‘Universal Life’ Cost
(By – LESLIE SCISM, www.wsj.com) Retired high-school teacher Nicholas Vertullo long felt confident that his wife, Grace, wouldn’t have to pinch pennies after he died. Nearly three decades ago, he bought a $238,000 life-insurance policy, and later bought three more policies, pushing…
Get Answers to Your Questions about Working while Receiving Disability Benefits – August 26
(Source – www.disability.gov) If you receive Social Security disability benefits and want to work, the Ticket to Work program can help. Join the National Work Incentive Seminar Event webinar on August 26, 2015 from 3 – 4:30 p.m. Eastern Time to…
Planning for the unexpected during retirement
(By – Tammy Flanagan, federalnewsradio.com) Premiums are going up for new enrollees to the Federal Long Term Care Insurance Program. The average increase is about 30 percent — but it depends on your age and your policy. Tammy Flanagan is senior…
CBO Monthly Budget Review for July 2015 Finds Rising Spending on Medicare, Medicaid, Social Security and Pubic Debt Interest
(Source – goldrushcam.com) The federal government’s budget deficit amounted to $463 billion for the first 10 months of fiscal year 2015, the Congressional Budget office (CBO) estimates. That deficit was $2 billion larger than the one recorded during the same period…
‘Shocker’ New Poll Says Trump Lost GOP Debate to Someone Who Wasn’t Even On Stage With Him
(Source – www.theblaze.com) According to a new poll, Carly Fiorina is the Republican presidential candidate of choice after Thursday night’s debates. The nationwide poll of more than 17,000 people from the Association of Mature American Citizens — a conservative organization for those…