Latest News
You may not want to wait until 70
You can start your retirement benefit at any point from age 62 up until age 70. Your benefit will be higher the longer you delay your start date. Although starting your benefits at age 70 will maximize your monthly income,…
Option for Increasing Social Security Revenue
Senator Ron Wyden says imposing Social Security tax on wealthy incomes above the current limit is the way to fund Social Security until the end of the century. Jake Johnson for Common Dreams explains here… Similar to many consulting organizations,…
An Open Discussion about Aging in America
Alessandra Malito for Market Watch has a frank discussion about retirement in America and Social Security’s part in it. What can people do at any age to prepare for retirement? Read here… Similar to many consulting organizations, the Association of…
Repercussions of a Social Security Benefits Cut
If Social Security”s insolvency issue is not resolved benefits will be cut by 21% in 2033. What does this mean for retirees living on Social Security and also others who count on Social Security as part of their retirement planning?…
Retirement Planning
Let’s explore how long $750,000 in savings plus Social Security will last. Read the numbers crunched by Donna LeValley for Kiplinger here… The link provided above connects readers to the full content of the posted article. The URL (internet address) for…
Some Agreement on Social Security Fixes
A new poll shows that a majority of Americans agree on some potential resoltuions for Social Security insolvency. Some common areas include charging Social Security tax on higher earners and gradually raising the Full Retirement Age. Andrew Dorn for NewsNation…
No One Knows when They are going to Die
That’s what makes when to take Social Security a difficult decision. If we only had this bit of information it would be a lot simpler. For example, the situation in this article by Jordan Rosenfeld for GoBanking Rates shows us…
Proposed Solution for Social Security Insolvency
U.S. Senator Sheldon Whitehouse, Chairman of the U.S. Senate Budget Committee, spoke at the Social Security hearing today. His remarks offer a perspective and a proposed solution to the Social Security insolvency issue. Read here… Similar to many consulting organizations,…
Another COLA Prediction
Although the actual COLA percentage won’t be officially announced until mid October, predictions continue to come forth. These have varied a bit recently, but seem to be settling down to around 2.6%. We will see what it is in mid…
H. R. 82 regarding WEP and GPO Making Progress
Congressman Clay Higgins is forcing a vote on HR 82, which has been lingering without action for some time. There may be good news for government workers who earned a pension while not paying into Social Security. Read here… The link…