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Social Security Isn’t Going Away — But It Is Going to Get Worse
Seventy-five years ago, Ida Mae Fuller of Ludlow, Vermont received the first American Social Security check. Ida, who lived to be 100, ultimately collected $22,888 in benefits. Because she had paid only $24.75 in Social Security taxes, the national retirement…
Legislative Updates: 114th Congress
Today, Congressman Ted Deutch (FL-21) sent a letter to Marilyn Tavenner, the outgoing Administrator for the Centers for Medicare & Medicaid Services, urging that she make a plan for removing Social Security numbers from Medicare beneficiary cards a priority before…
Five Facts You May Not Know About Retirement Income… But Should
As retirement gets closer, many people begin to worry about how they will find the funds they need to replace their paychecks after they’ve stopped working. What will serve as their income? Will they have enough to live on day-to-day?…
Fact Check: Viral email cashing in on fear when it comes to Social Security
Social Security retirement payments are called “federal benefit payments,” but that’s certainly not new. As Snopes.com and TruthOrFiction.com note, the word “benefits” has been applied to Social Security retirement payments since the program was enacted in the 1930s. Read more… Notice:…
Panel Recommends Overhauling Military Retirement
Whether it’s cuts to equipment, training, or bases, military downsizing is always difficult — especially when it results in fewer funds for lawmakers to deliver back to their local districts. But there is no part of the defense budget that…
Meet Ida May Fuller, Recipient of 1st Social Security Check
Seventy-five years ago, the government cut 65-year-old Ida May Fuller a check. It was numbered 00-000-001 — the first Social Security payout. Fuller, of Ludlow, Vermont, didn’t realize it at the time, but her check helped launch the granddaddy of all…
The Right Way to Tap Income in Retirement
Over the past four decades, Ken Musolf, 63, has carefully plotted out an investment strategy for him and his wife, Jeanne, 59. Though Ken retired in 2012 after 35 years as a construction electrician, he and Jeanne have yet to…
8 things you didn’t read today (but should have)
1. The Center for Plain Language just gave out awards for the most clearly written federal documents of the year — the Department of Homeland Security, the Social Security Administration and the Securities and Exchange Commission were the big winners. 2. Robert…
Potential Presidential Candidate, Dr. Ben Carson On Social Security, Glass-Steagall, And Taxes
In the first article I began an interview with potential presidential candidate, Dr. Ben Carson. In it, we discussed several critical issues facing America today. In this writing, which is the conclusion, we’ll explore our government, the problems with the…
The Supreme Court could gut Obamacare. Here’s why that might not matter.
The Supreme Court could soon move to void many Obamacare subsidies — something Republicans are banking on to effectively gut the law. But even if that happens, the American people say they would like the GOP Congress to restore the subsidies. That’s…