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New Survey by The Senior Citizens League Finds Two Medicare Fixes that Seniors Hate Most
An overwhelming majority of seniors oppose two Medicare changes that are among the most widely – discussed reforms in Congress, according to a new survey by The Senior Citizens League (TSCL). Eighty one percent of seniors strongly oppose a proposal that would…
30% have no plans for funding retirement – survey
Three-in-ten over 40s have no plans in place to fund their retirement and a fifth expect to have to work as long as they are physically able, according to new research. A recent study of more than 2000 over-40s found a…
The Risks of Spending Your Retirement Savings
After years of saving up for retirement, there will come a time when you need to start spending your nest egg. Drawing down your assets in an appropriate way can be just as crucial to your retirement security as saving and…
Social Security Earnings Test Ensnares a Spouse
You’ve likely heard of the dreaded “earnings test” for Social Security benefits. What’s sure to be a surprise, however, is that the earnings test squeezes not only your benefit but also family members’ benefits based on your record. And that…
3 Smart Fixes for Social Security and Medicare
Last week Washington made a rare effort to help America’s fast-growing aging population. The U.S. Treasury and the IRS issued a new rule permitting people to use funds in their tax-advantaged retirement accounts to buy so-called longevity annuities—deferred annuities that typically…
What America Can Learn About Retirement From Australia
As the baby boomers begin entering their golden years, the United States is bracing for a retirement crisis that could change the system entirely. Longer life expectancy, rising costs of living, soaring health care expenses and an unstable public safety net could…
Top TEN Financial Planning Tips for Social Security
Social Security provides a critical baseline of expected retirement income for many Americans. Here are TEN considerations to help maximize the value of your benefits… Read more… Notice: The “Read more…” link provided above connects readers to the full…
Modifications to the Disability Determination Procedures; Extension of Testing of Some Disability Redesign Features
We are announcing the extension of tests involving modifications to disability determination procedures authorized by 20 CFR 404.906 and 416.1406. These rules authorize us to test several modifications to the disability determination procedures for adjudicating claims for disability insurance benefits…
Retiring Early? Mind the Gap! (Sponsored Content)
Thinking of an early retirement? You’ll first want to consider how you intend to pay for health care costs, when you should begin collecting Social Security and how an early retirement might impact your long-term retirement investing strategy. Read more……
Adages and Social Security Statements, Credit Reports & Retirement Plans
Now that we have reached the midpoint of 2014, it is a fine time to do some financial housekeeping, particularly as it relates to a person’s financial information collected and maintained by others. Checking your Social Security statement, credit report,…