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Senior citizens can also struggle with debt
As Ranking Member of the Senate Aging Committee, an issue I care deeply about is whether older Americans will have the financial resources they need to be secure in retirement. After four decades in the workforce, seniors should be confident…
Social Security increases to remain at record lows for 2015
The annual Social Security cost-of-living adjustment (COLA) will remain at record low levels again in 2015, says a new forecast by The Senior Citizens League (TSCL). According to the most recent consumer price index (CPI) data through August, TSCL forecasts that…
Miami-Dade County Resident Sentenced for Identity Theft Schemes Involving Fraudulent Social Security Benefits and Income Tax Refunds
Wifredo A. Ferrer, United States Attorney for the Southern District of Florida,Thomas Caul, Special Agent in Charge, Social Security Administration (SSA),Office of Inspector General (OIG), Donnell Young, Acting Special Agent in Charge,Internal Revenue Service, Criminal Investigation (IRS-CI), and George L. Piro, Special Agent in Charge, Federal Bureau of Investigation (FBI), Miami Field Office,…
Say What? Social Security Terms for Dictionary Day
Lexicographers, celebrate! Oct. 14 is Dictionary Day. The day was established to recognize the achievements and contributions of Noah Webster. What better time than the present to invite you to learn some new Social Security terms? Read more… Notice:…
Coalition to Save Our Social Security Unveils Petition with Half-a-Million Signatures to Keep Field Offices Open
On Thursday, October 2, the American Federation of Government Employees (AFGE) will join Social Security Works and the Alliance for Retired Americans in four cities across the country to unveil a petition with half-a-million signatures demanding that Social Security offices remain open…
How Both Sides of the Aisle Have Been Hypocritical on Government Accounting
During the Social Security debates of the late 1990s and early 2000s, some conservatives argued that investing the trust fund (or letting individuals invest their payroll taxes) in stocks would generate a “free lunch” — much greater retirement savings at…
You don’t need to be a techie to use Social Security online
Oct. 3 is Techies Day – a time for propeller-heads to embrace their hardware-obsessed, online-addicted selves. But for the less technical, it also happens to be the 14th annual Computer Learning Month. So you have an entire month to figure…
‘Tis The Season For Medicare Scams
Medicare’s seven-week open enrollment period is right around the corner, a time when many area seniors will be making changes to their health care coverage. The open enrollment period, Oct. 15 through Dec. 7, is the one time during the year when people…
Former NYPD cop from Yorktown charged in disability fraud
A retired New York City police officer from Yorktown was arrested Wednesday on federal charges that he bilked Social Security out of more than $300,000 in disability benefits while working over the past decade as director of security for Tourneau,…
Outliving savings is retirement fear for many
Almost half — 46 percent — of investors in the U.S. are worried they will outlive their savings in retirement, a new survey shows. In fact, 36 percent of retired investors and 50 percent of investors who aren’t retired are concerned…