Latest News
Updated Disability Insurance Trust Fund Numbers
ocial Security’s Office of Chief Actuary has released the first quarter numbers on the operation of the Disability Insurance Trust Fund. These numbers are crucial because the Chief Actuary’s prediction is that the Disability Insurance Trust Fund will run out…
Money Management: Planning for Social Security in retirement
Almost every American worker will have or has Social Security as part of their retirement plan. The question all must answer is at what age they should start receiving retirement benefits. As with many financial decisions, the answer is it…
On the job: Retirement planning confronts generation gap
The nation’s baby boomers coined the phrase Generation Gap as they came of age in the 1960s. “The times they are a’changing,” they sang as they sought to walk a life path different from their parents’. Americans born between 1946-64 indeed…
To Make Social Security Disability Insurance Fairer and Sustainable, Eliminate the Grid
When severe and permanent disability strips workers of their ability to support themselves and their families, their plight demands our support. The United States has heeded this call through the Social Security Disability Insurance program, but at a large and…
Social Security Announces Vision 2025, A Long-Range Service Delivery Vision
Ensures a Commitment to Local Field Office Presence Nationwide Embarking on its 80th Anniversary of being a key piece of the Nation’s fabric, Carolyn W. Colvin, Acting Commissioner of Social Security, today officially released Vision 2025. The vision will serve…
Planning Your Retirement Strategy? Take a Layered Approach
You’ve reached your goal: after years of flying, you are ready to retire. Your retirement party is looming, friends and colleagues are wishing you well. And then the uncertainty hits you. You’re off the payroll. I often am asked about the…
The Best Way to Reform Social Security
Eliminating the payroll tax is the key. Yes, really. The best way to reform Social Security is to eliminate the payroll tax. Seriously. Social Security is going bankrupt, but official Washington can’t agree on how to fix it. Payroll tax…
10 Retirement Savings Myths That Won’t Go Away
Discussing retirement savings is almost like speaking in a different language, especially if you’re unsure about your current savings plan or have little knowledge about investments. If you’re confused about the different retirement investment vehicles or don’t know how to save…
6 Reasons You Need More Money for Retirement
Here’s why your retirement nest egg should have additional funds. If your 401(k) plan is doing OK and your IRA is flushed out, you may think you’re doing pretty well for retirement, especially compared to your parents who likely saved…
Christie’s claim that Medicaid spending has grown ‘over 800 percent’ in 25 years
Overhauling long-term entitlement programs has become a major talking point for Christie, and it is expected to his centerpiece of his potential presidential campaign. Christie recently unveiled his plan to make sweeping changes to government spending and structure of entitlement programs,…