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Challenge to Obamacare’s IPAB could get Supreme Court hearing
Another case challenging aspects of the Patient Protection and Affordable Care Act is quietly working its way up to a possible U.S. Supreme Court hearing. On Friday the justices are scheduled to consider whether to hear Coons v. Lew(PDF), a…
Social Security’s New Income Rules
With the new year, the Social Security Administration is implementing new rules regarding your income—whether you’re retired or not. If you’re still working and not collecting benefits, you’ll have to earn more before the government stops withholding payroll taxes under…
Guest Opinion: Congress is ignoring an important law for senior citizens
Next year we will celebrate the 80th anniversary of Social Security, the 50th anniversaries of Medicare and Medicaid, the fifth anniversary of the Affordable Care Act and the 50th anniversary of the Older Americans Act. For what the Older Americans…
President Obama Signs ABLE Act for Disability Independence
For disabled people like Matteo Taliaferro, seen above in a therapeutic riding session, independence can be a difficult goal to achieve. Aside from logistical problems like physical impairments that may interfere with the ability to perform tasks of daily living, many disabled…
Important birthdays for financial planning
When it comes to financial planning, some birthdays are more important than others. That’s because rules and regulations governing the ownership of assets, access to retirement money, and eligibility for benefits are often determined by age. So it pays to…
Medicare Advantage: Is It Right for You?
As millions of Baby Boomers retire, they’ll need to address how to finance their healthcare needs. Most Americans become eligible for Medicare coverage at age 65, and traditional Medicare covers many important healthcare services, including hospital stays, doctor visits, and…
3 financial beliefs that make no sense
Many folks are adamant this is the right strategy. Rather than delay Social Security until as late as age 70, thus ensuring a larger monthly benefit for themselves and potentially a larger survivor benefit for their spouse, they’re convinced they…
Dems scramble to perpetuate deceptive Social Security accounting
If it’s left unreformed, over 10 million recipients of Social Security’s disability insurance will have their benefits arbitrarily cut by 20 percent near the end of 2016. Many Democrats want to sweep the problem under the rug with an accounting…
Medicare is the best care if you are age 65 or older
If you are age 65 or older and haven’t signed up for Medicare Part B (medical insurance), now is the time to consider doing it. The general enrollment period for Medicare Part B runs from Jan. 1 through March 31…
Social Security’s Special Tax Rule for Repaying Benefits: Amount of Repayment Determines Method
Increasingly, some financial advisers are encouraging their retirement-age clients who have no immediate need for extra income to repay Social Security benefits they’ve already received and reapply for benefits later when they will be worth more. But what if those Social…