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New GOP Plan Would Save Military From Sequestration
A pair of House Republicans have a new bill that would spare the military from sequestration by cutting the Social Security benefits of many Americans who already experience painful federal budget cuts. Reps. Jim Bridenstine (R-Okla.) and Doug Lamborn (R-Colo.) are…
5 Steps to Consider if You Can’t Afford to Retire
Many baby boomers are approaching retirement, but that doesn’t mean they are financially prepared. “There is no doubt there’s a retirement crisis,” says Christopher McIntire, president of McIntire Retirement Services. “People have not saved enough.” Social Security can help boomers make ends…
New bill aims to cancel sequestration for DoD at cost to feds’ pay and benefits
A new bill would cancel sequestration entirely for the Defense Department and a handful other security-related agencies in fiscal 2014 and 2015 by requiring federal employees to contribute more of their salary toward their pensions, trimming Medicare payments and agricultural…
The Penn Mutual Life Insurance Company Launches Social Security Explorer
The Penn Mutual Life Insurance Company, a more than 166-year-old company is pleased to announce that Social Security Explorer, a comprehensive tool designed to help maximize social security benefits, is now available for Penn Mutual affiliated financial professionals to use…
Social Security Offers Lump Sums? Yes, But Be Careful
If you wait until after your full retirement age to claim your Social Security retirement benefits, there is a little-known rule that could entitle you to a large chunk of cash all at once. This provision enables retirees who meet…
The Medicare Enrollment Period Ends December 7th
Time is of the essence. With December 7 just around the corner, the annual Medicare enrollment period is almost over! In case you’re not clear, here is a quick recap of the rules for enrollment. Seniors can enroll in Medicare…
Economic Populism Is a Dead End for Democrats
If you talk to leading progressives these days, you’ll be sure to hear this message: The Democratic Party should embrace the economic populism of New York Mayor-elect Bill de Blasio and Massachusetts Sen. Elizabeth Warren. Such economic populism, they argue, should be…
Administration Offers Partial Update on HealthCare.gov Progress
The Obama administration on Monday offered a handful of new — but partial — details about its progress on some of the biggest problems with HealthCare.gov, now that officials have declared the site to be working smoothly for the vast majority…
In Medicare Program: N.W. Hospitals Faring Well
New Hampshire hospitals as a whole fared better than nearly every other state in the nation in a Medicare program that rewards hospitals based on quality, though Dartmouth-Hitchcock was still among the institutions penalized for failing to hit certain benchmarks. The…
Retirement road blocks for Baby Boomers
From now until 2030, about 10,000 Baby Boomers will turn 65 every day, according to the Pew Research Center. This large generation, born between 1946 and 1964, has had a huge impact on American culture and society, and that remains…