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Obama’s New Budget Plan Proposes Closing Social Security Loophole
(Source – www.npr.org) One of the best-selling books right now is about mind-numbing government rules, the rules of our Social Security system. It’s called “Get What’s Yours: The Secrets To Maxing Out Your Social Security.” David Kestenbaum with our Planet Money…
Social Security Benefits Will Be Cut In 2017
(Source – Investor’s Business Daily) No matter who wins the White House in 2016, there’s no getting around it: Social Security benefits will be cut starting in 2017. A 1983 pact between President Reagan and the Democrat-led Congress to stave off…
In Retirement Race, Who Should Quit First — You or Your Spouse?
(Source – thestreet.com) There’s a big difference in the alarm clock that rings to wake you for an early meeting at the office and one that rouses you for an early tee time on the golf course. Now imagine the first alarm…
Why Boomers’ Grim Outlook?
(Source – nasdaq.com) Why do baby boomers face such dispiriting retirement prospects? The enormous size of this age cohort, born between 1946 and 1964, led to a ratcheting back of old-age benefits. Statisticians figured society simply couldn’t afford to be as…
Eight Facts You Must Document to Obtain Federal Disability Retirement Benefits
(Source – Fedsmith.com) If you have decided to leave your federal government position with federal disability retirement benefits, you will have your work cut out for you. Before you can obtain disability retirement benefits, you must demonstrate to the Office of Personnel…
Politicians must address potential Social Security insolvency
(Source – F. Marc Ruiz Times, nwitimes.com) The financial press was abuzz this week with news and analysis related to the Social Security program. A couple of reports were circulating in the press. The Social Security Administration released its 2014 trustee’s report…
Tips for couples on managing Social Security benefits
(Source – www.fridayflyer.com) The following Money Management column is provided by the American Institute of CPAs and the California Society of CPAs. Approximately 59 million people receive Social Security benefits, according to the Social Security Administration. Were you aware that there are…
Christie Social Security plan further dims his prospects
(Source – www.app.com) Remember that old warning: “When you’re up to your backside in alligators, it’s hard to remember your original intention was to drain the swamp.” It was taped to countless office walls and thumb-tacked to bulletin boards as a reminder…
Longer lifespans bring hope, new problems
(Source – Zachary Vasile, Special for USA TODAY) Octogenarians running marathons, or seniors skydiving to celebrate a birthday? Don’t be surprised. Americans are going to continue to live longer and feel better. If you need proof of that, just look at…
Tax Hikes To Fix Retirement Security Woes?
(Source – Ashlea Ebeling, Forbes.com) Shoring up Social Security and ramping up private savings were the laudable goals on the agenda at a recent conference, Improving Retirement Security, put on by the BipartisanPolicy Center and the Concord Coalition. But high-income earners might…