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Social Security: Deciding when it’s the right time to retire is a big decision
If you believe in going all the way or not going at all, there’s a day to celebrate your extreme ways. July 26 is All or Nothing Day. Not a day for the undecided, All or Nothing Day is dedicated…
Women must know what to expect from Social Security
Everyone needs to be aware of the financial resources they will have available in retirement. But if you’re a woman, you must be particularly diligent, for a variety of reasons. And that means you’ll need to know just what to…
Ways to tap retirement funds early without a tax penalty
Workers are retiring earlier these days, whether by choice or not, and many find they need to withdraw funds from retirement accounts prior to age 59½. That’s the age when account holders can take distributions from 401(k) plans and traditional…
Medicare backs off hospice drug hurdles after criticism
Medicare is backing away from a rule requiring special authorization for drugs used in hospice care after advocates said the limits would harm terminally ill patients. The Centers for Medicare and Medicaid Services (CMS) released additional guidance Friday recommending “prior…
DisabilityAwareness: Facts about Social Security
The Social Security Administration recently launched “The Faces and Facts of Disability,” an education and awareness initiative to help educate the public about Social Security disability insurance and dispel common misconceptions…Read More Notice: The “Read more…” link provided above…
Where Your Retirement Savings Really Goes
Saving enough to retire someday is a tricky enough challenge. Yet as your account balance grows, beware. Money could be leaking out of your accounts unheeded. Nobody is “stealing” it, per se. Yet the cumulative effects of subpar performance and…
Social Security Benefit Verification Available Online but Also in Local Offices
Despite a hard push to encourage seniors and others who need benefit verification letters from the Social Security Administration to obtain them online, the agency today issued a news release confirming that local Social Security offices will continue to provide…
Social Security Insolvent, Voters Say ‘Do Nothing’
The main driver of the ballooning federal debtis wealth transfer payments. Indeed, more than two-thirds of the federal budget is money that goes from one taxpayer’s pocket into someone else’s. Some of this is naked wealth redistribution, like food stamps and…
Getting people with disabilities into the workforce
At a time when 70 percent of working-age Americans with disabilities are outside the workforce and more than 9 million working-age Americans with disabilities are living on government benefits, I was proud to join the majority of the U.S. House…
Social Security: Should Retirees Abandon High-Tax States?
One of the things about Social Security that annoys people the most is that the federal government makes many recipients pay income taxes on their Social Security benefits. To add insult to injury, many states pile on with taxes of…