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How to Take Full Advantage of Your 401(k)
With all the doom-and-gloom reports of workers having to delay retirement, it’s important to highlight good news when it comes. People who participate in a 401(k) plan have a good shot at being able to pay for retirement, according to…
Lawyer and others face new charges in massive NYC disability fraud case, as dozens more are arrested
An 83-year-old former prosecutor and three other claimed ringleaders in a massive New York City disability fraud case face new conspiracy charges, and dozens more defendants are being arrested concerning their roles in a scheme that authorities say went on…
CMS Proposes 1.9 Percent Medicare Advantage Payment Cut
The proposed 2015 payment rate cut to Medicare Advantage health plans is less than expected, but insurers still are expressing displeasure with the prospect of back-to-back years of cuts. The Centers for Medicare & Medicaid Services is proposing a Medicare Advantage…
How will Social Security fit into your retirement strategy?
Have you given much thought to collecting Social Security? The answer probably depends on how old you are — but whatever your age, you’ll want to consider the best Of course, if you have several decades to go until you retire,…
SSA increases oversight of judges in disability determinations
In an effort to improve consistency in the disability determination process, the Social Security Administration recently announced plans to step up its oversight of the administrative law judges who are responsible for awarding or denying disability benefits. Read more… …
Social Security Encourages Retirees To Use Website
Prospective retirees now have several easy options when it comes to applying for Social Security benefits. The beginning of the year is a busy time for local Social Security offices. Yet, they are providing applications through their website for retirees…
Scam Targets Social Security Recipients
Senior citizens are targeted by a new scam: fraudulent operators who pretend to be calling about Medicare, Social Security, or supplemental insurance, but whose actual purpose is to trick seniors into disclosing their private financial information. Disclosure of such information…
Staff Instructions On Priority To 100% Disabled Vets
Social Security has released staff instructions on its plan to give priority in processing to the disability claims of veterans who have been awarded 100% permanent and total compensation by the Department of Veterans Affairs (VA). Am I reading this right that…
What you need to know about myRA retirement accounts
Half of all workers don’t have an employer-sponsored plan to save for retirement. That’s one of the reasons why President Barack Obama announced in the State of the Union address that the treasury department will soon be offering a new…
CMS Proposes Reductions to Medicare Advantage Payments
The Obama administration on Friday proposed reductions to payments for Medicare Advantage plans in 2015, the New York Times reports (Pear, New York Times, 2/21). The proposed cuts were detailed in a 148-page assessment of cost factors for MA plans for 2015, which noted multiple variables…