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Medicare costs may keep declining, reports say
Innovations adopted and accelerated by the 2010 Affordable Care Act will continue to force down overall Medicare costs, according to industry analysts and studies, even as the economy continues to improve. Those changes include new payment plans, improved efficiency and a…
Is 70 the ‘right’ retirement age?
I keep thinking about this notion that 70 is the “real” Social Security retirement age. It is the age at which people get maximum monthly benefits, and if they work beyond this age they see their lifetime benefits decline. But…
Is Retirement at 80 the New Norm?
Except for public union workers with pensions that ultimately will not be met, retirement age for most keeps inching up. People need to work longer or go back to work after a few years of retirement because they have insufficient savings.…
Military May Get Pay Cut, Fewer Benefits
“Selfie” may be word of the year, but if the decision were based on impact, “sequester” might have been a better choice. After all, it’s the ongoing sequester that will cut another $52 billion from the Pentagon’s budget come January,…
A handy guide for estimating your retirement healthcare costs
While retirement is disappearing from many peoples’ vocabularies, older people on fixed incomes, and even those who continue to work through their 60s, 70s and beyond, will have to worry about covering unexpected healthcare costs. Medicare doesn’t cover many…
Working & benefits: the 2014 retirement earnings test
The 2014 Social Security cost-of-living adjustment (COLA) changes more than just the amount of monthly benefits received. Another change increases the annual retirement earnings test amounts for 2014. You can earn more in 2014 than in 2013 before benefits are reduced. The annual…
Elizabeth Warren Nails It: We Shouldn’t Be Fighting Each Other for a Handful of Crumbs
Elizabeth Warren showed again yesterday how she has become our country’s leading fighter for the middle class and those in poverty. In a passionate speech about Social Security, she tore apart the phony argument that greedy seniors were taking money…
Social Security Disability Programs: What Cancer Survivors Need to Know
Moving Forward With Your Financial Health Social Security Disability Programs: What Cancer Survivors Need to Know We are proud to provide Webinars free of charge to the cancer community. Below is a recording of Social Security Disability Programs: What Cancer…
Wedge Issue? (Social Security News)
The idea of raising Social Security benefits is increasingly becoming a favorite among more liberal Democrats. Senator Warren just came out in favor of the idea. This is not going to happen while Republicans control the House of Representatives. Theoretically, control…
Your Social Security – Perfect Recipe For Thankful Retirement
Succulent turkey. Savory stuffing. Green-bean casserole. Sweet-potato and pumpkin pie. Every family has its Thanksgiving-dinner traditions. With a carefully followed recipe, everyone around the table can enjoy their favorite dishes. If you plan poorly and wait to throw the bird in…