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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…
The Alternate Plan: Texas counties pioneer Social Security reform
(Source – Arizona Freedom Alliance) Social Security reform provides a fertile battleground of contention as the administration of President George W. Bush learned with its 2005 effort. Since then, Democrats have offered no reforms to ensure the program’s sustainability while Republicans,…
As Boomers Age, Health Insurers Look To Adjust
(By – MATTHEW STURDEVANT, www.ctnow.com) Baby boomers appear poised to leave their mark on yet another institution — the insurance industry — as they age into Medicare eligibility. The roughly 75 million boomers born between 1946 and 1964 are driving demand for Medicare…
Social Security Tax: The 2 Ways You Pay
(By – Dan Caplinger) Americans hate taxes, and having to pay tax on your earnings is a bitter pill for most taxpayers to swallow. Yet if there’s anything worse than paying taxes, it’s paying them twice. Unfortunately, when it comes…
How to get the most out of your Social Security benefits
(Source – www.tampabay.com) One of the most important financial decisions that many of us have to make is when to begin taking Social Security retirement benefits. I’m going to oversimplify — it’s the only way to deal with Social Security without bogging…
The Same-Sex Marriage Decision: What’s at Stake for Couples
(By – TARA SIEGEL BERNARD, www.nytimes.com) If the Supreme Court legalizes same-sex marriagenationwide, married gay couples will gain all the financial and legal rights and responsibilities of being married, regardless of which state they call home. The highest court’s landmark decision in…