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This Little-Known Pension Rule May Slash Your Social Security Benefit
If you are covered by a public sector pension, you may not get the Social Security payout you’re expecting. Some U.S. workers who have paid into the Social Security system are in for a rude awakening when the checks start…
Christie Calls for Medicare, Social Security Cuts, Greater State Control of Medicaid
Few things signal the fresh start of a presidential campaign season better than stump speeches calling for Medicare and Social Security cuts. And 2015 is no exception….New Jersey Gov. Chris Christie (R) on Wednesday proposed radical benefits reductions for Social…
Local Groups Help Residents Understand Medicare vs. Medicaid
If there’s one thing the Virginia Insurance Counseling Assistance Program (VICAP) wants you to know about Medicare, it’s that Medicare is not a welfare program. “I find some people don’t want to sign up and take advantage of their Medicare benefits…
Charles Lane on Social Security and the False Equivalence of Chris Christie and Elizabeth Warren
Like many other folks connected with the Washington Post, columnist Charles Lane wants to cut Social Security. He used his column today to argue that New Jersey governor Chris Christie and Massachusetts senator Elizabeth Warren want to address the shortfall…
The new debate about Social Security
Between Chris Christie and Senator Warren (D-MA), Social Security reform is getting more media coverage today than at any time in the past 30 years. From hearing the details, you might conclude they are talking about different government programs. They…
Andover man sentenced for $149K in Social Security fraud
An Andover man was sentenced Thursday for stealing more than $149,000 in Social Security benefits. Graeme Griffith, 60, was sentenced by U.S. District Court Senior Judge Mark L. Wolf to four months in prison, two years of supervised release, and ordered…
U.S. pensioners risk overestimating Social Security benefits
Some U.S. workers who have paid into the Social Security system are in for a rude awakening when the checks start coming: Their benefits could be chopped up to $413 per month without advance warning. That is the maximum potential cut…
Congress Should Give Workers with Disabilities a Fair Shot at Gainful Employment in Budget Negotiations
Last month, House Republicans passed their fiscal year 2016 budget proposal and continued to target Social Security Disability Insurance for cuts. A new Center for American Progress column released today details how these cuts would make it harder for Social…
How Does Divorce Affect Social Security Retirement Benefits?
One of the challenges of planning for retirement is that an unexpected event, like divorce, can dramatically change your retirement income needs. If you were counting on your spouse’s Social Security benefits to provide some of your retirement income, what…
Let young workers take control of their Social Security, analyst suggests
Fiscally conservative groups continue to call for reforms to Social Security. But how do they plan to go about fixing the program? Michael Tanner, a senior fellow focusing on Social Security for the Cato Institute, says we have to look…