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How Do Social Security Disability Benefits Affect Child Support?
By – Jessica C. Diamond, via www.mondaq.com) If your former spouse is receiving Social Security Disability (SSD) benefits and is the payor of child support, it is important to know that your child is also eligible for certain benefits – known as SSD Dependency…
Deck stacked against women
(By – Jennie L. Phipps, www.bankrate.com) Women have a tougher time in retirement than men. Some 19 percent of women age 65 and older are living alone and in poverty, according to a report released last week by Sen. Patty Murray, D-Washington, ranking…
Senate Eyes Social Security ‘Fugitives’ To Pay For Highways
(By – Laura Barron-Lopez, Arthur Delaney, Huffington Post) With 11 days left before federal funding runs out for the nation’s highways, bridges and roads, lawmakers are rushing to find a way to pay for an extension. One potential fix: slash Social Security…
Obama’s Plan to Subject Social Security Recipients to Gun Background Checks is Already Drawing Fire
(By – MIKE MILLER, www.ijreview.com) As part of its ongoing effort to seek tighter gun-control laws, the Obama administration wants to ban Social Security recipients from owning firearms if they “lack the mental capacity” to manage their own affairs. Under the plan, Social…
Families face tough decisions as cost of elder care soars
(By – MATTHEW CRAFT, AP Business Writer) Doris Ranzman had followed the expert advice, planning ahead in case she wound up unable to care for herself one day. But when a nursing-home bill tops $14,000 a month, the best-laid plans get…
White House Conference on Aging Emphasizes Private-Sector Solutions for Elderly
(By – Paul Kleyman / New America Media) Amidst President Obama’s celebratory summer–with Supreme Court victories on Obamacare and same-sex marriage, his bold stance on prison-sentencing reform, and Confederate flags widely furled and stored–a curious off-note soured his standing on…
A new way to check Social Security benefits
(Source – www.rochesterhomepage.net) There’s a new way for people to get information about their Social Security benefits. The “Social Security Express Customer Service Station” was set up at the Central Library downtown. People can now access certain online services without making a…
Social Security: Don’t Forget the Kids
BY DAVE LINDORFF, www.financial-planning.com) When it comes to Social Security, don’t forget the kids. Rob Kron, head of retirement education at Blackrock, says dependent benefits, like spousal or survivor benefits for divorced spouses, are “not widely known or understood” by most people,…
Financial Profession Needs to Discuss Social Security Risks
(By – Robert Schmansky, Forbes Contributor) Perhaps my favorite aspect about providing financial guidance for a living is that I am an outside observer. I can review a client’s strengths and weaknesses, opportunities and threats, and provide thoughts on all without…
Medicare’s midlife crisis: Catastrophic finances pit doctors against patients
(By – David Hogberg, National Center for Public Policy Research) July 30 marks the 50th anniversary of President Lyndon Johnson signing Medicare into law. At the time it was signed, government actuaries had predicted that the portion of the program that…