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THE PROCESS: VA DISABILITY BENEFITS VS. SOCIAL SECURITY BENEFITS
(By – Rob Levine, via www.risbj.com) This week we will examine the many differences and similarities in the process of applying for VA disability benefits and Social Security benefits. In our next blog on the VA we will cover the standard to…
THE NEXT BABY BOOMER TREND: SURVEY REVEALS RETIREES WANT SOCIAL SECURITY ADVICE
(Source – www.steamfeed.com) As baby boomers reach retirement age, more want Social Security claiming advice and expect their financial planners to analyze the best Social Security strategies, according to a new survey by Social Security Timing® in partnership with Qualtrics. “This shift…
3 Times It Makes Sense to File Early for Social Security
(By Maryalene LaPonsie, U.S. News & World Report) For those who have paid into the system, Social Security promises to provide a reliable source of income during your senior years. However, how much you receive each month depends on exactly…
Why Nobel economists say Christie’s 2016 economic plan is not much of a plan
(By – Claude Brodesser-Akner | NJ Advance Media for NJ.com) Two Nobel prize-winning economists have weighed in on Gov. Chris Christie’s proposals to reform the federal tax code and save Social Security, but said his revenue plan is missing crucial…
HOW SOCIAL SECURITY PAYS YOU TO WORK FOREVER
(By – Laurence Kotlikoff) I just turned 62, but feel 42 and, according to my kids, I act like I’m 12. I have a great job, perhaps the best job in the world. I’m an economics professor and get to…
How the New-Model 401(k) Can Help Boost Your Retirement Savings
(By – Dan Kadlec, Time.com) If you want evidence that the 401(k) plan has been a failed experiment, consider how they’re starting to resemble the traditional pensions they’ve largely replaced. Plan by plan, employers are moving away from the do-it-yourself free-for-all of…
Italy, Germany offer glimpse into elder care in grayer U.S., survey shows
(By – Fredrick Kunkle, The Washington Post) A new survey on aging in Germany, Italy and the United States found that families in all three countries are likely to shoulder the burden of care for aging relatives, despite strikingly different attitudes…
3 Little-Known Strategies to Maximize Social Security Benefits
(Source – www.elderlawanswers.com) While collecting Social Security benefits may seem straightforward, there are actually several strategies for collecting benefits — especially if you are married — that can increase your retirement benefits. There are three basic options for when to start taking Social…
Who should care for seniors? Depends where you live
(Source – www.cbsnews.com) With Western countries increasing dealing with aging societies, the answer to who should be responsible for seniors’ economic well-being may simply depend on where you live. Americans largely believe that the responsibility for the economic well-being for people in…
A promising trend in taking Social Security benefits
(By – Alicia H. Munnell and Anqi Chen, Center for Retirement Research at Boston College) With lower Social Security replacement rates, vanishing traditional pensions, and longer lifespans, many people will need to work longer to ensure a secure retirement. Working longer…