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A Financial Boost for Americans With Disabilities
(By – Alan Auteri) Saving for future expenses can be challenging, and saving for disability-related expenses adds another piece to the puzzle. Many families with a disabled family member need to save for significant out-of-pocket expenses and build up a decent balance…
Watchdog Says Ex-Nazis Got $20.2 Million in Social Security
(By – Richard Lardner, David Rising, and Randy Herschaft | Associated Press) In a forthcoming report triggered by an Associated Press investigation, the top watchdog at the Social Security Administration found the agency paid $20.2 million in benefits to more…
Why Your Social Security Increase for 2016 Will Probably Disappear
(By – Dan Caplinger) Social Security supports millions of Americans in their retirement, and many of them depend on the program for the vast majority of their overall income. Yet even though retirees have had to make do with minimal…
Martin O’Malley on the Issues
(By – Gerry Mullany) Martin O’Malley, a former governor of Maryland, announced his candidacy for the Democratic presidential nomination on Saturday. Positioning himself to the left of Hillary Rodham Clinton, he says he has a more consistent record than she…
Fight Over Disability Pensions for Police, Firefighters Heats Up
(By – Sally Goldenberg and Gloria Pazmino) A fight over disability pension benefits escalated on Friday, with the de Blasio administration defending its proposal and police and fire unions and members of the City Council claiming it short-changes uniformed workers,…
How Good Social Security Planning Can Offset ‘Disturbing’ Trend Hurting Widows
(By – David Cechanowicz, JD, MSFS, CLU, ChFC) While researching the impact of male Social Security claiming and poverty rates for widows, I have read article after article that illustrates the need for competent financial advising, especially in the area…
Many not planning for retirement at all
(By – MARLENE Y. SATTER, www.benefitspro.com) Most people are aware that the state of retirement in the United States is looking rather gloomy. But a new study has found the situation could be worse than we thought. The “Report on the Economic Well-Being…
What are your excuses for not investing?
(By – WILBUR YATES, www.kilgorenewsherald.com) We all make excuses. Most of the time, they’re pretty harmless. But you could be hurting yourself if you make excuses for not taking action in some areas — and one of those areas is investing. Not investing,…
Claiming Strategies for Boosting Your Social Security Benefits
(By – Pete Woodring, www.kiplinger.com) What you may not know about managing you and your spouse’s Social Security benefits may cost you hundreds of thousands of dollars over your lifetime. There are two key strategies. Of the roughly 58 million current Social…
Plan for Retirement Like a Pro
(By Jane Bennett Clark, www.kiplinger.com) I’ve always been a horrible decision maker. My approach is to over-research, change my mind a few times and, if possible, kick the can down the road. This tendency to dither makes retirement planning a challenge. Should…