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56 Percent Of Social Security Recipients Paid Tax On Their Benefits Says New Survey By The Senior Citizens League
According to a new TSCL survey, some 56 percent of Social Security recipients said they paid tax on a portion of their benefits during this year’s tax season that ended April 15th. When planning the best time to retire, don’t underestimate…
Social Security proposals go the wrong way
Democrats have a problem. They created the two main benefit programs for seniors, Social Security and Medicare, but older voters have been shunning their party in droves. President Barack Obama took only 44 percent of the senior vote in his…
Let Social Security jazz up your retirement plan
April is Jazz Appreciation Month, a perfect time to move your feet and revel in the smooth beats of one of America’s most beloved musical genres. Ella Fitzgerald, the “Queen of Jazz,” known for her scatting style, had a vocal range…
Battle lines drawn on retirement age
If New Jersey Gov. Chris Christie (R) hoped to start a broader discussion on entitlements, it worked. The Republican governor delivered a speech a week ago announcing his support for major “reforms” to social-insurance programs, including a call to raise…
Resources on Social Security Work Incentives
The Social Security Red Book provides a general overview of all Social Security Work Incentives and information on a variety of useful resources. Always reference Publication No. 64-030 ICN 436900 when requesting copies of the Red Book. Read more… …
How seniors can manage their money
Imagine you are at a delicate point in your life. You and your spouse are 66, poised to retire and take Social Security. Your combined benefits will be $32,000 a year. You also will have another $32,000 of income from…
SOCIAL SECURITY DISABILITY TRUST FUND GONE IN 2016
The Social Security Disability trust fund is estimated to run dry in 2016. The trust fund had previously been estimated to run out in 2033. In 2014, however, the Social Security Trustees released a report along with an estimation that the…
Next president could be among nation’s oldest or youngest
The 2016 presidential race is shaping up as an epic struggle between generations. On one side are the aging baby boomers who came of age in the 1960s and whose generation now is heading toward retirement – Democrat Hillary Clinton, who…
Bush, Christie Among Clinton’s First GOP Targets
The Democrat takes a shot at her potential rivals’ plans to alter Social Security. You know that moment where you walk into a room and it’s clear everyone has been talking about you? Hillary Clinton is having that moment, and…
Jeb Bush Rehashes Old ‘Solutions’ to Social Security While Fund Marches Toward Insolvency
While still not formally declaring his candidacy for president, Jeb Bush charged straight into one of the most politically divisive issues of our time: altering the minimum age to start receiving Social Security. While Bush stated this should be done in a…