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TSP balance tops $113k: Are you smart, lucky or both?
When it comes to prepping for retirement, federal workers are doing much better than their private sector counterparts. For instance: When they retire from the government, workers are guaranteed a lifetime annuity with the option to provide a survivor benefit.…
The argument for a basic income
Earlier this year, I visited a town where residents are cut a check just for being alive. It’s not some Scandinavian utopia. It’s not part of some holdout communist state. It’s Cherokee, North Carolina, a town of 8,000 hidden away…
Take the time now to check Social Security earnings
f you haven’t looked up the earnings record that Social Security has recorded for you, there is no better time than now. Why bother? For one thing, you’ll want to check for errors. “This is important because an individual’s future benefit amount…
New Procedure For Some Blindness Cases
Social Security has finally devised a procedure for dealing with claimants who are working and who allege that they have become statutorily blind while already on disability benefits without regard to blindness. Different standards apply to work activity in blindness…
THE REGULARS: America’s working class continues falling behind
There is no question low wages are one of the primary reasons why America’s working class is falling further and further behind. Trying to raise a family and earn a living making $8 to $10 an hour is virtually impossible…
White House looking to creep into 401(k)s
Last Monday, with Sen. Elizabeth Warren (D-Mass.) at his side, President Obama attacked Wall Street, again, for essentially helping in what the federal government and businesses can no longer provide — a decent retirement. Under the false pretense of calling for…
Steele: Don’t get your financial advice ‘to go’
In the age of technology, information and communication, everybody has and can share their two cents about everything. For every person telling you to do something, there another person telling you not to do the same thing. Welcome to the age…
2016 Budget Proposal Would Require Reporting of Workers’ Compensation Benefits to Social Security Administration
The Social Security Administration (SSA) has been vocal in the past about its difficulty in obtaining information about workers’ compensation benefits. The primary reason that the SSA has been seeking this information is to reduce social security benefits by way…
WILL SOCIAL SECURITY NUMBERS FINALLY BE BANISHED FROM MEDICARE CARDS?
Over the past several years, there’s been much talk in Congress about removing Social Security numbers from Medicare beneficiary cards, but no action. Bills have been introduced only to wither away without a vote. However, things may finally be changing.…
LORENZEN: COMPREHENSIVE SOCIAL SECURITY REFORM IS BEST TO ADDRESS SSDI INSOLVENCY
Ed Lorenzen, Senior Advisor for the Committee for a Responsible Federal Budget, testified Wednesday in front of the Ways and Means Social Security Subcommittee on maintaining the solvency of the Social Security Disability Insurance Trust Fund. Read more… Notice:…