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Baby Boomers May Be in More Financial Trouble Than Previously Believed
(By – Sean Williams) On paper it would seem like getting from Point A to B when it comes to retirement would be pretty easy. However the data suggests otherwise, with Americans in increasing numbers struggling to reach their retirement number.…
Sticker shock: How hospital deals are blowing up bills
(By – Stacey Burling, Inquirer Staff Writer) After his heart attack 11 years ago, Morton Wolf needed frequent echocardiograms to see how his heart was working. They weren’t cheap, but also not cause for consternation. Wolf’s wife, Janice, the keeper of the…
BERNIE SANDERS MAKES PITCH TO OLDER VOTERS
(Source – www.skyvalleychronicle.com) Democratic Presidential contender Bernie Sanders who has surprised many with his strong showing early in the game against the odds on favorite for the Democratic Presidential nomination Hillary Clinton, made an appeal to older voters on Thursday with…
Three retirement loopholes seen likely to close
(By – Liz Weston, Reuters) There are plenty of tips and tricks to maximizing your retirement benefits, and more than a few are considered “loopholes” that taxpayers have been able to use to circumvent the letter of the law in…
Report for duty by reporting fraud
(By – By James Barney Social Security District Manager, Show Low) In July, with American flags flying, we celebrate our nation’s birthday and the freedoms and protections we hold dear. Although love for your country can take many forms, Social Security…
Federal Audits Of Medicare Advantage Reveal Widespread Overcharges
(By – FRED SCHULTE, NPR) Government audits just released as the result of a lawsuit detail widespread billing errors in private Medicare Advantage health plans going back years, including overpayments of thousands of dollars a year for some patients. Since 2004, private…
7 Ways to Maximize Your Medicare
(By – Maryalene LaPonsie, money.usnews.com) While all Medicare beneficiaries are entitled to receive the same set of core benefits, seniors shouldn’t assume all plans are created equal. Some Medicare plans offer additional benefits, while others may have limits that could affect when…
CBO: Debt Headed to 103% of GDP; Level Seen Only in WWII; ‘No Way to Predict Whether or When’ Fiscal Crisis Might Occur Here
(By – Terence P. Jeffrey, CNS News) Testifying in the U.S Senate yesterday, Congressional Budget Office Director Keith Hall warned that the publicly held debt of the U.S. government, when measured as a percentage of Gross Domestic Product, is headed…
Blended military retirement reform will financially empower troops
(By – Christopher Neiweem, via The Hill) One month after the Sept. 11 attacks, I stepped into my local U.S. Army recruiting station and enlisted. I was a 19-year-old from suburban Chicago who wanted to serve his country, but I…
What To Do If Your Social Security Number Was Compromised In The Federal Data Breaches
(By – Hilary Weaver, www.bustle.com) Hey, you know how the responsible people in your life are always warning you about identity theft and telling you to keep your social security number private? Is the warning phrase “update often” ringing through…