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Why Kids Can Be Social Security Game Changers
(By – Philip Moeller, time.com) Did you wait until later in life to have kids? Then you might want to ignore conventional wisdom and take Social Security on the early side. You may already know that children can collect Social Security based on…
To Fight Obamacare Fraud, Fund Obamacare
(Source – www.bloombergview.com) While Obamacare is still a long way from providing insurance to every American who needs it, the program is apparently pretty good at covering people who don’t exist. Eleven out of 12 fictitious people obtained coverage, plus federal subsidies…
6 Social Security Withdrawal Strategies Everyone Should Know
(By – Dayana Yochim) Life offers a lot of chances for do-overs. Marry the wrong person? File some papers and you’re free to take as many trips down the aisle as your heart desires. Didn’t get the dramatic lift you wanted…
A Guide to Budgeting for Baby Boomers
(By – Mitchell D. Weiss) In retirement, taking it easy is becoming a lot harder to do. Take, for example, the most disconcerting finding of Allianz Life Insurance Company’s recently publishedGenerations Apart Study. Nearly half of the 2,000 baby boomers (ages 49…
The biggest threat to your retirement number
(By – Dan Caplinger) In coming up with a good estimate for a retirement number, it’s crucial to understand how having a bad market in early retirement can have a huge impact on the viability of your entire long-term retirement…
Once again, time to ‘save’ Social Security
(By – James Hamill, www.abqjournal.com) In 1983, Congress saved Social Security. In 1993, Congress saved Social Security. Is this a typo? No. Rest assured that, whenever Social Security needs saving, Congress will be there for it. Social Security is one of the “Big Three”…
Post-recession spike in disability claims winds down
(By – CHAD HALCOM, www.crainsdetroit.com) Bad luck can be good business for attorneys and advocate groups who help the disabled get benefits from the federal Social Security Administration — but local experts say the post-recession spike in claims is winding down. The number…
Baby boomers look to new strategies in saving for retirement
(By – Barbara Peters-Smith, www.heraldtribune.com) If you’re within a decade or so of your target retirement date, and you haven’t socked away anything like the million-dollar reserve that financial planners like to cite as a “comfortable” goal for a married couple,…
Colleges face growing costs from ‘reluctant retirees’
(By – Jeff Charis-Carlson, www.desmoinesregister.com) Having worked 35 years at the University of Iowa, Betsy Altmaier was absolutely “ready for a new environment” on May 15, her last day as a professor. With changes on the horizon in her field and college, Altmaier…
401(k) Or Roth IRA: Which Is Best?
(By – Larry Light, Forbes Contributor) Most Gen Yers don’t know what types of retirement accounts to start with. I break down the pros and cons of two most popular ones – 401(k) and the Roth individual retirement account –…