Latest News
Seniors Played a Big Role in the GOP Congressional Sweep, says AMAC
America’s older voters played a significant role in this week’s GOP sweep of the mid-term Congressional elections, according to Dan Weber, president of the Association of Mature American Citizens. “Political scientists have called senior citizens the country’s most reliable voters…
BBB Warns Of Medicare Scams During Open Enrollment
With open enrollment for Medicare drug, supplement and Medicare Advantage plans continuing until Dec. 7, scammers see an opportunity to take advantage of seniors who may not understand the enrollment process, Better Business Bureau (BBB) warns. The Missouri Department of…
Opinion: Medicare open enrollment brings improved plans, steady rates
Fall is a wonderful time of year. Changing leaves. Cooler weather. It’s also the season for people with Medicare to review their current Medicare coverage, as Medicare open enrollment has begun. As we manage Medicare open enrollment, which ends Dec.…
Panel to Review Social Security Projections
The Social Security Advisory Board (SSAB) today announced the appointment of an expert panel to review the assumptions and methods used by the Social Security trustees in their annual report on the program’s financial status. “The nation relies on these…
One-stop resource camp planned for homeless veterans
Assistance is on the way for area veterans and their families. The VFW Post 7321, Calcasieu Parish Human Services Department, Alexandria VA Medical Center, and the Louisiana Department of Labor will host the first homeless veterans “Stand Down” event Tuesday,…
What Are the Biggest Surprises in Retirement? The Experts Weigh In
The Great Recession served up some nasty financial surprises to people approaching retirement—the housing crash, job loss and shrunken 401(k)s, for starters. But retirement can bring lifestyle surprises, too. It’s one of life’s biggest transitions, and a major leap into…
Social Security benefits are stingy
Two recent developments that I have found both annoying and dangerous are the deletion of replacement-rate information from the annual Social Security Trustees Report and the coordinated campaign in the press arguing that the elderly have plenty of money. Hence,…
Medicare cards put seniors at risk of ID theft
Since cybersecurity and identity theft are such big issues today, you have to wonder why our regulators, legislators and leaders in Washington, D.C., are complacent about putting 50 million senior citizens at risk. What risk? Medicare cards that prominently display…
The Midterms’ Real Winner? Independents and Fiscal Sanity (Maybe).
You can forgive Republicans for thinking the midterm elections were all about them. Hell, they picked up seven Senate seats — and legislative control — from Democrats and added at least 10 seats to their House majority (some races are…
401(k)s, IRAs: Save it before you spend it
As the holidays approach, here’s a gift idea your whole family will appreciate: Ramp up your retirement savings rate now — before you start spending on holiday presents. New data on 401(k) plans reveals that U.S. savers are saving just…