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Defending Social Security: Next On Obama’s To-Do List?
Since the midterm elections, President Obama has taken decisive action on immigration reform, climate change and relations with Cuba. Now, the new Republican-controlled Congress has handed him another opportunity to act boldly – by leaving a legacy as a strong…
2015 Changes for Social Security
Based on the increase in the Consumer Price Index (CPI-W) from the third quarter of 2013 through the third quarter of 2014, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 1.7 percent COLA for 2015. Other important…
The Financially Stressed Favor Democrats, Don’t Vote Much, Study Finds
About half of American adults have no retirement account beyond Social Security, 4 in 10 don’t have a credit card, and 1 in 5 lack a checking account. Statistics like that paint a picture of the widespread nature of financial insecurity…
Your Social Security Number Could Be At Risk
Your Social Security number isn’t safe: Think of all the places you have shared it. Your Social Security number is not very safe for two reasons – where it’s been and where it will be going. Considering how widespread the abuse…
Skip the Social Security Office and Head to Website Instead
Let’s face it, the last thing you want to do is another errand. When it comes to taking care of Social Security business, it is easy. You’ll find that www.socialsecurity.gov makes it easy to stay home and get that one last…
How the New GOP Congress Exposed the Absurdity of Our Budget Debates: Is America Headed for a Debt Crisis? Depends on How You Look At It
House Republicans raised a number of eyebrows with an under-the-radar change to Social Security and disability insurance this week. Social Security proper — also called Old-Age and Survivors Insurance (OASI) — and Disability Insurance (DI) both exist under the umbrella of the…
Heritage: The House Just Made It Harder for Politicians to Steal From Social Security Retirement Fund
This Tuesday, House Republicans nearly unanimously adopted new rules for the 114th Congress (H. Res. 5) which set the stage for long-overdue Social Security reforms to protect disabled Americans and seniors from indiscriminate benefit cuts. The new rule strengthens the integrity…
Reed Co-sponsors Social Security Protection Amendment
Congressman Tom Reed announced Monday that he is joining Rep. Sam Johnson (R-TX) as a co-sponsor of an amendment to proposed House rules for the 114th Congress. The amendment would protect the Social Security Trust Fund from being raided in…
The Five Risks of Retirement: Retirement Income Planning Starts with Understanding the 5 Risks of Retirement
“Whether you are planning a future retirement or are already retired, you face increasingly complex challenges in planning for retirement income to last a lifetime.”1 When building a retirement plan, it is important to consider the Five Risks of Retirement:…
Social Security Strategy to Boost Couples’ Benefits
With one out of every four 65-year-olds living past age 90 and one in 10 living beyond 95, having enough money to live on during a retirement that could last 30 years or more is critical. For many, a Social Security…