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Saving a million for retirement
(By – Heidi Foster – www.rgj.com) The concept of retiring with over a million dollars in a retirement account is a goal for many people. Having financial goals and discipline is part of what it takes to save over a million in…
Social Security Fraud: The Mind-Numbing Reason the SSA Is Being Cheated Out of Billions
(By – Sean Williams) As of Nov. 2014, there were 59 million beneficiaries receiving monthly benefits checks, of which nearly 42 million were retired workers, more than 6 million were survivors of deceased workers, and close to 11 million were disabled…
Financial Wellness and Millennials: Hard Times Yield Important Lessons
(By – Kent E. Allison, Huffington Post) We all know by now that millennials are different. Not different in a bad way, just different. So it is no surprise that when it comes to managing their personal finances, millennials are taking…
Myths and facts about Social Security
(By – Sandra Hudson, www.eastvalleytribune.com) Myth: Social Security will provide most of the income you need in retirement. Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect. There’s no doubt about it — Social Security…
Half of Americans close to retirement haven’t saved for it
(By – Lane Anderson, Moneywise) As baby boomers roll toward retirement, half of them don’t have retirement savings, according to a new report from the U.S. Government Accountability Office. Fifty-two percent of households 55 and older haven’t saved a dollar for…
10 Social Security Secrets That May Get You More Money
(By – Chloe Della Costa, www.cheatsheet.com) There are more than 2,700 rules in Social Security’s handbook. It’s enough to make you want to give up on ever figuring out the best choices to make for your retirement. But if you do your…
On issues, Jeb Bush often adamant, rarely a waffler
(By – William E. Gibson, www.sun-sentinel.com) He wants to raise the retirement age for Social Security, limit immigration reforms, toughen the Cuban embargo and replace Obamacare. When former Gov. Jeb Bush launches his long-awaited presidential campaign in Miami on Monday,…
Spotlight on Elder Law
(By – Linda F. Marshak, Esq., www.qchron.com) Social Security is a retirement plan most for which most American workers are eligible. The Social Security system taxes employees’ wages throughout working years and credits are earned towards retirement benefits. If you…
Majority of Americans flunk Social Security quiz
(By – Mary Beth Franklin, www.investmentnews.com) Seventy-one percent falsely believe that full retirement age is still 65 How much do Americans know about their Social Security benefits? Not much, it turns out. And that could have serious implications for their…
How the Gay Marriage Decision Could Affect Couples’ Social Security Strategies
(By – Anne Tergesen, blogs.wsj.com) Social Security benefits may not be the first thing that comes to mind when contemplating the potential ramifications of Obergefell v. Hodges, the gay marriage case the U.S. Supreme Court is expected to rule on later…