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Social Security Checks Bigger in the New Year
More than 58 million people on Social Security are getting a little more in their checks starting this month, as a 1.7% cost of living adjustment kicks in. For the average person on Social Security, it means about $20 dollars…
Social Security Targeted on Day One of New Congress
Members of the new 114th Congress had barely taken their oaths of office today when they passed a proposal threatening millions of Americans who receive Social Security benefits. The Center on Budget and Policy Priorities describes the plan: Read More… Notice:…
Congressman Reed Co-Sponsors Amendment to Protect Social Security
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…
7 Tips to Save Hundreds on Medical Expenses
If your medical costs make you wail and weep consumer expert, Andrea Woroch says there are ways to take a bite out of those bills, beginning with busting out the Benjamins. “If you’re paying in cash, physicians, whether it’s for…
Forget compromise — Try synergy
As a new Congress convenes with the parties increasingly polarized, many Americans wonder whether compromise is simply a thing of the past. That’s the wrong question.Today’s conflicts provide a basis for not the compromise of the past, but rather the synergy…
The Coming War on Pensions
On the Senate’s last day in session in December, it approved the government’s $1.1 trillion budget for coming fiscal year. Few people realize how radical the new U.S. budget law was. Budget laws are supposed to decide simply what to fund…
How Social Security cost-of-living adjustments change benefits this year
Starting this month, more than 58 million Social Security recipients will see a slight increase in their monthly retirement and survivor benefits — up 1.7% from last year — while high-income workers will pay up to $114.75 more in payroll…
Reminder: Social Security Tax Changes for 2015
Based on the increase in average wages in the United States, the maximum amount of earnings subject to the Social Security tax (called the “taxable maximum”) increases from $117,000 to $118,500, effective January 1, 2015. According to the Social Security…
#3 Editor’s Choice Award: Why and How Should We Build a Basic Income for Every Citizen?
What are our goals as a species? This, to me, is the most important question we can ask ourselves as human beings. Another way to say it: What is the meaning of our existence as a species? We never seem…
How to Invest After You Retire
You just turned 66, had a blast at the office party in your honor, said goodbye to the water-cooler crowd and are heading toward that great unknown called retirement. But now you’ve got a bad case of the willies. You’re…