Latest News
Social Security Disability Insurance: A Lifeline for Millions of American Workers and Their Families
(By – Jeff Zients and Shaun Donovan, www.whitehouse.gov) The Social Security Disability Insurance (SSDI) program is a vital lifeline for millions of American workers and their families. It is a critical component of our nation’s Social Security system, which provides insurance to…
Why do you NEED my Social Security number?
(Source – www.clarkinsurance.com) Let’s start with a fact: In a 2009 study by Javelin Strategy & Research, 38 percent of identity theft victims said “the perpetrator had obtained their Social Security number and used it in the crime.” Identity thieves are…
Will Hillary Hike Social Security Taxes By $2 Trillion?
(By – JED GRAHAM, INVESTOR’S BUSINESS DAILY) Hillary Clinton for the first time has committed herself to not just “defending” but “enhancing Social Security,” aligning herself with the left wing of her party in Monday’s economic policy address. Read more… Notice:…
Misconceptions About Social Security
(Source – Center for Retirement Research, Boston College) It is the most important source of retirement income for most workers. Yet too many older Americans lack a basic understanding of certain aspects of Social Security benefits. In fairness, many people got some…
“Stretch IRAs” and other Retirement “Loopholes” Targeted
(Source – wealthmanagement.com) The federal government must be needing more money. And a lot of it. Consequently, it is targeting those who are not yet “taxpayers” (a shrinking pool, by the way), to include retirees and those who may receive an inheritance…
What If Social Security Disappeared Tomorrow?
(Source – insurancenewsnet.com) What if American citizens’ pessimistic concerns about Social Security and its viability for the future turned out to be accurate? What if tomorrow Congress got together and came to a fateful compromise? Rather than trying to increase taxes or…
Retirement Income: Planning for Pensions and Social Security
(Source – www.financial-planning.com) Having both a pension and Social Security benefits, as well as other income sources, should be a plus in retirement income planning for your clients. Unfortunately, it often can present new challenges for advisors with increasing longevity rates. And…
Americans want Medicare to help negotiate down drug prices: poll
(By – Kylie Gumpert, news.yahoo.com) A vast majority of Americans say the Medicare health program for the elderly should be able to negotiate with drug companies to set lower medication prices, a practice currently prohibited by law, according to a survey released…
3 Numbers to Know About Social Security and Retirement
(By – Brett Tushingham) What if someone told you that you could have a guaranteed income stream with inflation protection to help meet your retirement needs? You’d probably be interested. Guess what? You already have this — it’s called Social Security. For…
What You Should Know About Social Security if You’re Divorced
(Source – www.northwesternmutual.com) When it comes to Social Security, there are lots of strategies you can use to maximize your monthly benefits. If you’re divorced, however, you might be surprised to know that there are a few strategies designed specifically for…