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The biggest retirement planning mistake
When it comes to retirement planning, the biggest mistake you can make is doing nothing. Not spending any time learning how much retirement income you might receive from Social Security. Not determining how much you should save to make your retirement years…
Principles for the Budget Conference
For the first time in years, lawmakers have agreed to convene in a budget conference to reconcile differences between their respective budget proposals, as presented by House Budget Committee chair Paul Ryan (R–WI) and Senate Budget Committee chair Patty Murray…
Senate Aging Committee launches anti-fraud hotline: 1-855-303-9470
For those who have been a victim of a scam or fraud aimed at seniors, or suspect such a fraud, the U.S. Senate Special Committee on Aging has set up a new toll-free hotline to help. The hotline was unveiled yesterday,…
Veterans, unions protest benefits plan in Reading
Union leaders and veterans met Tuesday in Reading to protest a federal proposal they said would cut Social Security benefits for millions. They were speaking about the so-called chained consumer price index, a proposal that would change the cost-of-living adjustment…
MEDICARE: 4 Ways to Protect Your Identity and Information
Guard your information. Be wary of giveaways. Don’t lend your identity. If you spot something, say something. These are 4 simple ways to protect your identity and personal information from Medicare fraud, but they can be difficult to do if…
Is Obamacare putting undue burden on young?
I am one of those older people, and I think the young are getting the shaft. It is not just Obamacare. Add to it the cost of Medicare and Social Security and the young are being bled dry. What I…
Is Elizabeth Warren the Face of a Democratic Crackup?
I’ve heard from a few people lately that the Democratic Party is headed for the same kind of intraparty demolition that continues to plague Republicans. According to this view, Democrats haven’t reckoned with the looming entitlement disaster that will pit the party’s…
Will Retail Investors Keep Investing New Money in 2014?
The stock market is an amazing long-run wealth-creating machine. But to take part in it, you have to invest your hard-earned cash, putting it at risk today for the potential rewards it may bring you in the future. Finding the cash to…
Happening this week: Tax talks and a potentially key meeting
Both Senate Finance Chairman Max Baucus and House Ways and Means Chairman Dave Camp will huddle with panel members this week to discuss tax reform progress. The K Street rumor mill is heating up about when the two chairmen will…
Medicare by the numbers
Did you know that 50 million people are covered by Medicare, including people … If you like to track the Medicare numbers, here are some you should know: 14.4 million People enrolled in Medicare Advantage plans–73 million People who will be receiving Medicare by 2025…Read More Notice:…