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Retirement Worries And Concerns Are A Privilege
Each and every week a new study comes out that highlights the new or biggest concern people have heading into retirement. Depending on the time of the year and source, some of the most common fears include: Running out of money, Health…
Why Relying on Social Security in Your Golden Years May Not Be a Smart Idea
Social Security is enormous. This year alone, some 59 million Americans will receive close to $863 billion in Social Security benefits. These benefits are primarily paid out to retired workers, which is where about three-quarters of that $863 billion will go. For…
Heading Toward Retirement
The old saying “ignorance is bliss” seems particularly fitting when it comes to retirement. The news and reports sound dire, with many families very behind in their savings. What is the current state of affairs for future retirees? What is the best…
Senate Dems demand VA disability for sexual assault victims
A group of Senate Democrats demanded President Obama issue rules allowing military sexual assault victims to receive medical care and disability compensation for mental health conditions. “We urge your administration to reconsider the Department of Veterans Affairs’ (VA) recent denial of…
Your Guide to the New Social Security Statements
Beginning this month, many workers will get Social Security benefit estimate statements in their mailboxes for the first time since 2011. But to get the most out of them, you need to know how to read them, fix mistakes in them and…
The Republicans’ advantage: Reagan seniors
WITH LESS than six weeks to go until the midterm elections, control of the Senate is up for grabs. But whatever the outcome, Republicans will end up with significant gains in both houses of Congress. That’s because the GOP has a…
Fewer And Fewer Unemployed Americans Receive Benefits
Fewer jobless Americans now receive unemployment benefits than at any other point in the past few decades, according to a new analysis by the Economic Policy Institute. The liberal Washington think tank reports that as of August, just 25.9 percent of jobless workers…
Medicare’s Pioneer program down to 19 ACOs after three more exit
Three years after the CMS carefully selected 32 accountable care organizations deemed best able to manage the Pioneer program’s financial risks, three more have decided they no longer want to. The new departures—the program is now down to 19 ACOs—suggest even the…
Are You in the Retirement Danger Zone?
A bad investment can be a serious wealth stealer, but as much as it matters how much you lose, it can matter equally when the loss occurs. As you approach or enter your retirement years, declines in the value of your…
Do You Have to Pay Income Taxes on Social Security Benefits?
When it comes to income taxes, many people think only of the money they earn in a paycheck. But the reality is that there are many other types of income that are subject to ordinary income taxes. And all of…