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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…
Social Security is not a gift, it’s a promise we must keep
(Source – www.buckscountycouriertimes.com) Social Security, a critical legislative landmark, has remained an important part of our society since it became law 80 years ago this month. Created to combat unemployment at the height of the Great Depression, President Franklin D. Roosevelt…
Who needs your SS number? Not many businesses
(By – Ellen Marks / Assistant Business Editor, www.abqjournal.com) Most advice about preventing identity theft starts with safeguarding your all-important Social Security number. While there are times when you will be required to disclose your SSN, there are many other instances when you…
What You Need to Know About Applying for Disability Benefits
(By – Dana Perry, via www.jdsupra.com) Applying for disability benefits from the federal government through the Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) programs can be a daunting task. Here is a brief overview of how the application process…
Our View: 80 years later, Social Security at a crossroads
(Source – www.tauntongazette.com) With apologies to Mark Twain, reports of Social Security’s death have, in the past, been greatly exaggerated. That said, the latest government report on the most central of safety nets offers dire warnings for the near and distant…
Social Security at 80: Modest Changes Could Save Program
(By – STEPHEN OHLEMACHER, Associated Press) As Social Security approaches its 80th birthday Friday, the federal government’s largest benefit program stands at a pivotal point in its history. Relatively modest changes to taxes and benefits could still save it for generations…