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A few words of advice concerning Social Security Benefits
President Barack Obama wants to eliminate, as part of his proposed fiscal year 2015 budget, aggressive Social Security claiming strategies “which allow upper-income beneficiaries to manipulate the timing of collection of Social Security benefits to maximize delayed retirement credits.” Now,…
The First Social Security Beneficiary
The first person ever to receive a Social Security benefit check was Ida May Fuller from Brattleboro. Miss Fuller (known as Aunt Ida to her friends and family) was born on September 6, 1874 on a farm outside of Ludlow, Vermont.…
Kidney donor advocates for disability benefits
“Back in 2010, Sianini Faitala came to me and advised she had taken off work to donate a kidney to her aunt. So when she came back to work from the surgery she went to her HR office. She was…
Give your mom some Extra Help through Social Security
Mother’s Day is right around the corner. It’s always nice to give Mom a card, flowers or candy, but this year, people all over the country are helping their moms save an estimated $4,000 annually on the cost of Medicare…
Teachers And Social Security
With all the noise about teacher pensions (lately it’s more noise than signal) it’s interesting that Social Security receives so little attention. Social Security impacts teacher retirement and is also an illustrative comparison point in terms of the decisions facing…
Medicare vs. private insurance: Which costs less
Wonder why some doctors grumble when a Medicare patient walks in the door? It’s likely because the government program typically pays only 80% of what private insurers do. Medicare has the bad rap of being a big, bloated government program, but…
Using Retirement Accounts to Fund a Business Startup Draws IRS Scrutiny
IRS is increasing scrutiny into a complex practice for using retirement accounts to fund a business. The practice may trip up business owners who take advantage of it. In the end, it could cost them not only their retirement nest…
Doctors say Medicare report only half of story
It took more than a decade of full-time training for Dr. Gohar Salam to be able to perform the complex eye surgeries he specializes in at his private practice. A retinal specialist in ophthalmology, he can operate on the delicate tissues…
Medicare reimbursement rates low for local providers
Dozens of local health care providers saw Medicare reimbursement rates dip under 20 percent while some got half the amount they billed for, according to new data recently released by the federal government showing Medicare claims and payments. For the first…
Your 2013 tax bill probably rose; here’s why
Whether you filed your taxes months ago or just finished your return, millions of Americans saw their 2013 tax bills go up. The “fiscal cliff” deal that Congress hammered out at the beginning of 2013 seems like ancient history, but it’s…