Latest News
ACA requires insurers to collect Social Security numbers
(Source – news.aetna.com) Is your health plan asking you to give your Social Security number? There is a reason for that. Beginning this year, health plans have to send the Internal Revenue Service (IRS) information about health plan members and their insurance…
Retirees wait longer to claim Social Security benefits
(By – Tom Anderson, CNBC) More people are waiting longer to retire, and that’s affecting when they claim Social Security benefits. While more than a third of workers still claim Social Security retirement benefits when they turn 62, the earliest age possible,…
Expand Social Security to protect retirees
(By – Robert B. Reich, via chicago.suntimes.com) America is on the cusp of a retirement crisis. Millions of Americans are already in danger of not being able to maintain their standard of living in retirement, and the problem is getting worse. You hear…
Avoid these dumb retirement savings mistakes
(By – Anna Robaton, special to CNBC.com) Back when many American workers could count on company-run pension plans, preparing for retirement was something of a no-brainer. Now that many of us are calling the shots when it comes to saving and…
Experts See Social Security Reform as Critical Step Towards Retirement Security
(Source – (concordcoalition.org) At a forum last week on Capitol Hill hosted by The Concord Coalition and the Bipartisan Policy Center (BPC), experts from across the political spectrum shared their thoughts about retirement security in America. While several different policy…
Compare Your Net Worth to the Average American’s
(By – Todd Campbell, via time.com/money) It may not be the best way to evaluate your accomplishments, but knowing how your financial situation stacks up against your peers can offer up valuable insight that allows you to make changes to shore up…
Social Security’s $12.4 million error
(By – Mary Beth Franklin, InvestmentNews.com) With more than 2,700 rules governing Social Security benefits, it’s amazing that monthly payments to 59 million beneficiaries — including retired and disabled workers, their spouses, dependent children and survivors — go as smoothly as…
Good news on retirement trends
(Source – www.marketwatch.com) With lower Social Security replacement rates, vanishing traditional pensions, and longer lifespans, people need to work longer to ensure a secure retirement. Working longer directly increases current income; it avoids the actuarial reduction in Social Security benefits; it…
House Republicans want Medicare to embrace physician-owned hospitals
(By Virgil Dickson, Modern Healthcare) GOP lawmakers are pushing to ease the tight restrictions on physician-owned hospitals imposed by the 2010 healthcare reform law, arguing that the rules are shutting down a valuable source of competition. “What are the impacts—pro…
Social Security: Check out a new, improved online appeals process
(Source – Social Security Administration, via www.publicopiniononline.com) Social Security listened to customer feedback and made the online appeals process even better. Now, people who disagree with our disability decision can complete their appeal using our improved online appeals process. More than 90,000 people…