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When both spouses lose some or all of their Social Security benefits
(By – Mary Beth Franklin, Investment News) If you collect Social Security benefits before your full retirement age of 66 and you continue to work, you can to lose some or all of your benefits if your earnings exceed annual limits. Normally,…
What to Consider Before Tying the Knot a Second – or Third – Time
(By – Geoff Williams, U.S. News & World Report) It can be the best feeling in the world at first – realizing that despite your first marriage ending, there is someone else out there for you. But to marry again, or…
Prepare for 2017 Social Security Cuts
(By – BEA KARNES, patch.com) More than 30 years ago, a bi-partisan effort between Republican President Ronald Reagan and the Democrat-led Congress produced changes in Social Security to ensure its solvency. Those changes include increasing the retirement age from 65 to 67. It’s…
More Retired Americans Are Outliving Their Savings and Saddled With Debt
(By – Juliette Fairley, www.thestreet.com) One of the biggest fears for retiring Baby Boomers is outliving their savings. But that’s the reality facing more Americans starting at 50 years old. Some 12.2% of seniors who died at age 85 or older had no…
Social Security Retirement Benefits
(By – Amelia Josephson, smartasset.com) Are you factoring Social Security benefits in to your retirement planning? If so, you should know the basics of Social Security eligibility and payments. That way, you won’t get any unpleasant surprises when it comes time to…
What Social Security has yet to get right: It’s your maximum age of life that matters
(BY – LAURENCE KOTLIKOF, www.pbs.org) I’m appalled by Social Security’s ongoing effort to mislead the public into thinking they should focus on their life expectancy instead of their maximum ages of life in deciding whether to take their benefits early. Social Security…
Life is short but retirement can last for years
(By – HENRY K. HEBELER, via MarketWatch) Too many people believe they won’t live very long and base retirement plans on short life-expectancies or the assumption that retired people are couch potatoes and don’t need to spend much. These assumptions are dead…
What are the Implications of Rising Inequality for Social Security Policy?
(By -Benjamin W. Veghte, PhD via ashevilleprogressive.com) In this 80th anniversary year of Social Security, America faces income and wealth disparities greater than at any time since the 1920s. 1 Social Security was integral to overcoming the inequalities of that…
Future retirees urged to learn about Social Security before filing
(By – Sean Rowley, www.tahlequahdailypress.com) Though it is not the fine-weave safety net that was envisioned when enacted during the administration of Franklin D. Roosevelt, Social Security remains an indispensable source of income for many older Americans. While all workers pay into…
3 Things That Cost Women More
(By – Andrea N. Browne, Kiplinger) When it comes to financial issues affecting women, the gender pay gap often takes the spotlight. But the spending side of the equation is as equally alarming. Women pay more than men for many things…