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What you need to know about preparing for retirement
(Source – www.wdbj7.com) A financially secure retirement requires a lot more planning than simply taking social security benefits. WDBJ7 sat down with Caleb Mann, a financial adviser and agent with Farmers Insurance. Here are some frequently asked questions Mann gets: Read more… …
Taxable Social Security Benefits: How Big a Tax Hit Will You Take?
(By – Dan Caplinger) Social Security benefits are an essential part of how retirees make ends meet, but one thing that shocks many Americans is that under certain circumstances, the payments they receive can be taxable income that they have…
Two Million Voices Ring Out for Social Security Expansion–And That’s Just the Beginning!
(By – Terry O’Neill, via www.huffingtonpost.com) Yesterday I stood in front of the White House along with Rep. John Conyers (D-MI), leaders of the Economic Policy Institute, MoveOn, Democracy for America and other allies to deliver a petition signed by over 2…
Here’s What You Can Really Expect from Social Security
(By – Philip Moeller, via time.com) Social Security turns 80 next month and, as always, one of big unknowns for this octogenarian program is how much longer it will be around—at least in its present form. Read more… Notice: The…
The problem with quick and easy Social Security calculators
(By – LAURENCE KOTLIKOFF , via pbs.org) Boston University economist Larry Kotlikoff has spent every week, for over two years, answering questions about what is likely your largest financial asset—your Social Security benefits. His Social Security original 34 “secrets”, his additional secrets,…
Working beyond normal retirement age has its advantages
(By Mike Arrow, www.biztimes.com) Many Americans are staying in the workforce past their normal retirement age. According to the U.S. Social Security Administration, more than 30 percent of individuals between the ages of 70 and 74 reported income from earnings in…
There is no ‘right’ answer on when to claim Social Security
(By – George Sisti, Market Watch) I have spent the past few years reading about, writing about, talking about and pondering the best time to claim Social Security benefits. I am turning 66 this month — Social Security’s full retirement…
5 Retirement Assumptions You Can’t Make Anymore
(By – Michelle Buonincontri, credit.com) Here are a few assumptions many Americans used to be able to make about retirement, and why they can’t rely on them anymore. Read more… Notice: The “Read more…” link provided above connects readers to…
What you need to know about social security and taxes
(Source – www.wdbj7.com) Here’s a breakdown of some things you need to know when it comes to your social security benefits and taxes. WDBJ7 sat down with David Kembel of Kembel Tax Service to get the facts. Read more… Notice:…
Medicare Has Revived Idea Of Paying Doctors For End Of Life Care Plans
(By – Pat Loeb) Medicare has proposed paying doctors to provide end-of-life counseling, the same kind of service that opponents of the Affordable Care Act called “death panels.” A tea party uproar forced the payments out of the Affordable Care Act,…