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Don’t be confused on Social Security
Probably most of us who are collecting Social Security retirement benefits remember Republican presidential candidate Mitt Romney’ gaffe when he was recorded telling supporters that he wasn’t going to give any consideration to any of the 47 percent of the…
Scammers target elderly with confusion over Obamacare
With the confusion over changes in health care and with open enrollment for those on Medicare, scammers are preying on seniors, trying to get their Medicare and bank account numbers. Sue McConnell, senior vice president, Better Business Bureau, Cleveland, said…
GOP Should Shut Down the Chained CPI
It took only two days into the latest self-inflicted congressional crisis before Republicans on Capitol Hill resuscitated their zombie-like “grand bargain” scheme. Since their plan to defund Obamacare hasn’t worked and the government shut down because of it, the GOP…
White House debunks ‘Obamacare’ myths (re: Medicare)
There are so many myths flying around about the Affordable Care Act, also known as Obamacare, the White House actually dedicated a section of its website to debunk the ones that many people believe to be the truth. One of the most…
The perfect recipe for 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…
Chained CPI Threatens Recovering Economy
A startling new report details, state by state and Congressional District by District, the true economic impact of adopting a new formula called the “Chained CPI” to measure annual cost of living adjustments (COLA). While some in Washington portray this…
Shutdown to further slow veterans disability claims
Thousands of veterans who have been waiting for months and years to get compensated for their disability claims might have to wait even longer because of Tuesday’s federal government shutdown. Local officials said they anticipate veterans who have filed a claim…
Don’t Let Social Security Shut Down Your Retirement
One of the biggest concerns Americans have about the government shutdown is whether it will affect their Social Security benefits. With millions of retirees relying on that income to make ends meet, any disruption in payments could have catastrophic impacts…
D.C. Stalemate Imperils Social Security Payments
The reduction in spending caused by the federal government shutdown may not have a major effect on the U.S. gross domestic product, but the unresolved federal debt ceiling debate could make it impossible for the U.S. Treasury to make Social Security payments…
Social Security’s life expectancy debate
For the past decade, the Congressional Budget Office (CBO) has projected lower 75-year deficits than the Social Security trustees. That relationship has now reversed, with CBO projecting a larger 75-year shortfall. One reason for the reversal is that CBO has switched from…