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Repealing Obamacare Would Lower Federal Deficits
(By – Charles Blahous, Economics21.org) The Congressional Budget Office (CBO) has just released a report on the budgetary and economic effects of repealing the Affordable Care Act (ACA). Press reports reflect what CBO has reported pursuant to its scoring instructions…
Social Security and Medicare Emerging as New Foundation of Retirement Planning, But Few Advisors Ready
(By – PRWeb, Benzinga) Rather than ignore Medicare and Social Security as government entitlements that don’t need strategy and planning, financial advisors should make them the foundation of retirement planning if they are to avoid putting clients at risk of…
Report: Nearly Half of Social Security Disability Beneficiaries Were Overpaid By Government
(By – Romina Boccia, The Daily Signal) Waste is a real and pressing issue in Social Security’s disability programs. According to a recent report by the Office of the Inspector General of the Social Security Administration, 44.5 percent of beneficiaries…
Social Security Q&A: Will Other Support Disqualify Me for SSI?
(By – Tribune News Service) Question: This summer, I’ll turn 65 and, because of my financial situation, I thought I’d be eligible for Supplemental Security Income. But my neighbor told me I’d probably be turned down because I have a…
Answers to tricky Social Security questions
(By – Robert Powell, USA Today) Q: In a previous question and answer you wrote about applying for a “one-time payment” of back Social Security benefits in the one-year period after Social Security disability becomes Social Security retirement. My one…
Social Security: Going digital
(By – Leo Rossler, Tyler Morning Telegraph) The first typewriter to be commercially successful was invented on June 23, 1868. One hundred years later, Social Security still used the same technology to type Social Security cards, envelopes, forms and applications.…
A reporter scored $50,000 for retirement thanks to a loophole he says any couple could use
(By – Kathleen Elkins, Business Insider) A loophole in the Social Security Act could give married couples up to an extra $50,000, reports NPR correspondent David Kestenbaum in a Planet Money podcast episode. This loophole, which economist Larry Kotlikoff and…
71% of Americans Don’t Know This Critical Fact About Social Security
(By John Maxfield, The Motley Fool) What is the full retirement age for the purposes of Social Security benefits? A recent survey by Massachusetts Mutual Life Insurance Company (MassMutual) found that nearly three quarters of respondents reported incorrectly that the…
Social Security: Start now to build a solid retirement plan
(By – Ray Vigil, Las Cruces Sun-News) Achieving financial independence is key to enjoying a satisfying retirement. Social Security has many tools to help you plan for your future. Prepare for a secure, comfortable retirement by visiting www.socialsecurity.gov/myaccount. Once there,…
Social Security has hot line for fraud tips
(By – Oscar Garcia, www.mysanantonio.com) You play a key role in protecting your investment in Social Security. If you suspect fraud, report it to the Office of the Inspector General online at http://oig.ssa.gov/report, or you can call the Social Security fraud…