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12 Things That Happened During ‘Vote-a-Rama’ 2015
Every so often, the Senate gets together for an exercise in rapid legislating known around town as the “vote-a-rama,” a marathon session of voting in which dozens of amendments are considered as part of the annual budget process. On Thursday afternoon,…
DELANEY AND COLE INTRODUCE SOCIAL SECURITY COMMISSION BILL
The bipartisan duo of Reps. John Delaney (D-MD) and Tom Cole (R-OK) have reprised a bill from last year to create a Social Security Commission. The bipartisan and bicameral commission would be required to come up with a plan to…
Healthcare Costs Overtaking Social Security Benefits
Experts often caution retirees against overlooking the cost of health care when planning for their golden years. A recent study suggests that concern is about to become even greater. According to the 2015 Retirement Health Care Cost Data Report, a healthy…
Book maps women’s Social Security paths
The top book on my bedside reading pile should be on yours as well, especially if the words “Social Security” induce more nightmares than all of Stephen King’s novels combined. “Get What’s Yours: The Secrets to Maxing Out Your Social Security,’”…
WARREN, MANCHIN, MURRAY, BROWN, SCHATZ INTRODUCE BUDGET AMENDMENT TO STRENGTHEN, EXPAND SOCIAL SECURITY
This evening, United States Senators Elizabeth Warren (D-Mass.), Joe Manchin (D- W.Va.), Patty Murray (D-Wash.) Sherrod Brown (D-Ohio), and Brian Schatz (D-Hawaii) introduced a budget amendment to support a sustainable expansion of Social Security benefits and promote the long-term solvency…
Read this before you make any decision regarding your Social Security benefits
Social Security is the largest retirement asset for most Americans, but if you simply begin taking benefits at the earliest possibility without doing any strategizing, you might cost yourself a lot of money. In the book, “Get What’s Yours: The Secrets…
SOCIAL SECURITY TRADEOFFS
Many people approaching retirement age decide to start taking Social Security income at the earliest age of 62, without realizing the tradeoffs involved. Claiming Social Security before full retirement age can significantly reduce your benefits for as long as you…
With Campaigns Looming, GOP Splits on Same-Sex Marriage Benefits
The amendment—which hit the floor more than 10 hours into the Senate’s budget vote-a-rama—allows same-sex spouses to be eligible for the same Veteran’s Affairs benefits and Social Security benefits afforded to heterosexual couples. Huddled together, poring over language authored by Democratic…
Investment insights: Building blocks for a successful retirement
Over the past few years, I have dedicated at least one article each year to various aspects of retirement planning. Given the importance of this subject to our readers, this year will be no exception. Although this is a broad…
How inheriting an IRA affects Social Security benefits
Social Security benefits can be affected by different types of income. A new income stream such as from an inherited IRA, can make a huge difference to some and almost none to others. Read more… Notice: The “Read more…”…