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Singles Face Multiple Challenges in Retirement
For years, Joanne Condon tossed and turned at night with the same thoughts running through her head. What if her retirement savings just were not enough? What if that day finally came, when her bank accounts ran dry? A familiar fear for…
The Need for Congress to Pass the ABLE Act
The ABLE Act has the potential to improve the financial and employability statuses of people with disabilities in this country, if enacted. The Achieve a Better Life Experience (ABLE) Act gained the attention of the disability community when it was first…
Workers Over 50 Applying for Disability Benefits – Special Rules
According to the Social Security Administration, more than 25 percent of today’s 20-year-olds will be put out of work by a disabling condition before reaching the age of 67. A disability becomes more likely as workers age and their bodies…
Tax Q&A: Are Social Security benefits taxable?
With the April 15 tax deadline fast approaching, you probably have questions. Fortunately, we have answers. Every day until April 15, members of the American Institute of Certified Public Accountantshave agreed to answer selected tax questions fromUSA TODAY readers. Submit your questions to jwaggoner@usatoday.com.…
Social Security launched a new fraud prevention unit
Today, Carolyn W. Colvin, Acting Commissioner of Social Security, announced the establishment of a centralized fraud prevention unit in New York City to identify potential fraud and detect fraud trends that can be applied to disability cases nationwide. This unit consists…
Social Security Disability Mistakes
Applying for disability benefits can be time-consuming, intimidating, and frustrating, and because the outcome of your application will affect your future in crucial ways, it will likely be stressful. That’s why BTS Group, Inc. is dedicated to helping you achieve success with…
SOCIAL SECURITY – SUMMARY OF PERFORMANCE AND FINANCIAL INFORMATION (REPORT FISCAL YEAR 2013)
Few government agencies touch the lives of as many people as we do. Our organization is composed of over 75,000 Federal and State employees. We deliver services through a nationwide network of about 1,500 offices that include regional offices, field…
New Tools Curb Medicare Fraud, But Problems Persist
Despite some improvement and fraud-fighting tools used by the Centers for Medicare and Medicaid Services (CMS), the country is still losing as much as $90 billion annually to Medicare fraud, according to Sen. Bill Nelson (D-FL), the chairman of the Senate Special Committee…
Expect Longer Waits for Social Security Disability Hearings This Year, Allsup Reports
The amount of time people with disabilities will wait for a Social Security hearing this year is expected to go over 400 days, a number not seen since fiscal year 2010, according to Allsup. The company, based in Belleville, Ill., has…
Retirement Planning: The Social Security question
If you’re counting on Social Security to provide a secure retirement, think again. Social Security benefits only account for less than half of today’s retirees’ income. Longer life expectancies and the aging of the population will put an increasing burden…