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The Future of Medicare
Seemingly forever, a debate has raged about Medicare reform; not just how to do it, but whether Medicare needs reforming at all. That debate should end. The latest Congressional Budget Office report indicates that despite the current (and likely temporary)…
Robert J. Samuelson: The twisted priorities of a graying nation
We are gutting government. It is an extreme irony of the Obama presidency that a proud liberal — someone who believes in government’s constructive role — is presiding over the harshest squeeze on government since World War II. What’s happening…
Lawmakers Want to Stop ‘Double Dipping’ of Disability Benefits
Lawmakers in both the House and Senate introduced legislation this week designed to prevent people from receiving both Social Security disability benefits (DI) and unemployment benefits (UI) at the same time. Known as the The Social Security Disability Insurance and Unemployment Benefits Double…
Jim Blankenship: Social Security and remarriage
Social Security has a way of making your life decisions difficult. When divorce and remarriage enter the picture, things get very complicated. The earliest age you can start claiming Social Security benefits is 62. You can also delay taking benefits…
Changing Social Security and Medicare: President’s budget provides benefits and challenges for seniors
Representatives from one of the country’s largest senior citizens groups have good and bad things to say about President Barack Obama’s most recent budget proposal and the changes it suggests for Social Security, Medicare and other programs that benefit older…
Safeguarding Social Security and Other Retirement Policy Fixes
Amid talk of the president’s budget and debt, there is a funding shortfall that hits close to home. The Employee Benefit Research Institute projects that 42% of Generation X is at risk of running short of money in retirement. Prospects…
Time to Raise Social Security’s Retirement Age
As Congress looks for solutions to solve the looming Social Security crisis, a gradual increase in the retirement age should be a top priority. When Social Security first began in 1935, it was meant to provide security for the elderly. Now,…
The Rising Toll of Inequality on Social Security: A new report looks at the rising toll of income inequality on Social Security
Class warfare has stormed into the Social Security debate. As of Feb. 12, a provocative report says, people on track to earn $1 million in wage income in 2015 will have paid all of their Social Security payroll taxes for…
U.S. Trails in Retirement Security
The United States ranks 19th in the world for retirement security and well-being, according to the 2015 Natixis Global Retirement Index. Natixis, a Paris-based investment company, has put the U.S. in the retirement security cellar — at least among the most…
Delaying Social Security Boosts the Value of COLAs
Wait to take benefits until age 70 and you will get eight years of compounded cost-of-living adjustments on your full retirement age benefit. Trying to decide when to claim your Social Security benefit? Here’s an added incentive for delaying: Cost-of-living adjustments…