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Reinventing Retirement Planning
The old paradigm of retirement planning went something like this — sock away up to 5% of your paycheck in a retirement account (ideally matched by your employer) and hope the diversified index of stocks and bonds you buy grows enough…
Sanders aims to ‘rally’ Americans
Unlike many of his colleagues on Capitol Hill, Sen. Bernie Sanders, I-Vt., refuses to entertain cuts in entitlement programs when it comes to the issue of balancing the budget. His solution to closing the deficits facing the Social Security program…
Sidelined by disability? Social Security may be able to help
Social Security pays benefits to people with disabilities through the Social Security disability insurance program, which is financed by Social Security taxes. If you qualify, you can receive a monthly disability benefit from Social Security for as long as your…
Fact Check: Social Security Does Not Increase the Deficit
The American people love Social Security, and with good reason. It protects seniors and the disabled from poverty, and it is the most important life and disability safeguard available to the nation’s 75 million children. The program is a bargain:…
GOP Rep. Paul Ryan: “We’re saving Medicare”
Rep. Paul Ryan (R-Wisc.) told CBS News there’s “a lot of misinformation about what we’re proposing” in his budget plan, specifically on Medicare. The House budget committee chairman was in his home state Tuesday to attempt to drum up support for…
The end of retirement?
The fabled Age of Leisure that the Industrial Revolution promised may not have transpired for a majority of working Americans, but a select group had hoped to enjoy something that looks an awful lot like it. As they approach retirement,…
IN THIS CORNER: The new investments
If you are planning retirement – or even just daydreaming about it – it may appear difficult to find guarantees in a financial landscape changed by the stock market downturn of 2008-09. It has rebounded, yet effects of the crash…
10 Quotes on Social Security from Members of Congress Who Care About Your Retirement
Social Security is the healthiest part of our retirement security system, and protecting and improving Social Security benefits is the best solution. This was the consensus of working families’ advocates and members of Congress at a conference held yesterday by Social…
Take time to calculate long-term care costs
There are important realities every American must know about long-term care. Long-term care is more expensive than most people think. And, most importantly, the cost of care is usually paid for out of savings and income. Read more… Notice:…
CMS Releases Medicare Home Health Final Rule for 2014
The Centers for Medicare and Medicaid Services (CMS) released the final rule for the Home Health Prospective Payment System for 2014. The rule affects services provided by home health agencies under Medicare Part A beginning January 1, 2014. The national standardized…