Latest News
Schwartz leads House letter to Obama against Social Security cuts
Rep. Allyson Schwartz (D-Pa.) and 116 other House Democrats on Wednesday sent President Obama a letter urging him to drop cuts to Social Security and veterans benefits from his budget due out March 4. They told Obama he should abandon efforts to…
Next Generation Trust Services Notes 2014 Changes in Health Insurance, Medicare and Social …
The baby boomers’ unprecedented burden on the Social Security program, Americans’ longer life spans, and recent changes in health insurance plans could all present big problems to current retirees and those nearing retirement. The professionals at Next Generation Trust Services point to…
House General Fund budget: More money for Medicaid; level-funding for other agencies
The House’s Ways and Means General Fund committee Wednesday approved a $1.8 billion General Fund budget for fiscal year 2015 that provides more money for Medicaid, level funds other state agencies and makes a cost-of-living increase for state employees unlikely. The…
How Pro-Austerity Groups Lost the Deficit Wars
It’s debt ceiling time and the US economy is once again on the brink, held hostage by extremists hell-bent on forcing cuts to Medicare and Social Security. Oh wait. That was last year. In 2014, for the first time in three years,…
Social Security and Retirement Plan
Many people like to get a head start on planning their family’s economic future. And without a doubt, a major part of that process concerns retirement. When planning your own retirement, it’s important to consider factors such as your current economic…
Retirement Strategies for the Self-Employed
Christopher Nelson is 44, and like many of his self-employed brethren, he has nothing saved for retirement. He still has time. He also has plenty of reasons to think the future is bright. He is the chief financial officer of Glass…
Ryan Says He’s Keeping His Options Open For 2016
Rep. Paul Ryan, the most recent Republican nominee for vice president, said Tuesday he’s keeping his options open about a prospective run for president but won’t look at the 2016 contest in earnest until after Congress breaks for the year. Ryan,…
How a national sales tax could solve America’s inequality problem
You may think you’ve been hearing a lot about income inequality lately, but just you wait. The November elections aren’t going to be fun for Democrats, and the bad hand that the middle and working classes has been dealt is…
Don’t Do It, Mr. President!
President Obama’s budget is scheduled to be released on March 4, and a critical question remains unanswered. Will he or won’t he reprise the “chained CPI” cut to Social Security that he proposed in last year’s budget? Nobody on his team…
How divorce, remarriage impact Social Security
If you’re considering or in the process of divorce, and you’re just shy of your 10th wedding anniversary, you might want to wait a bit and use the time to brush up on all things Social Security before you make the…