Latest News
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…
Social Security Scales Back Services During Shutdown
Because of the government shutdown, Social Security offices all over the country are cutting down on staff and services.If you call the number for the Peoria office on Pioneer Parkway, you’ll hear a recording that says, “During the government shut…
Another View: A rational fix for Social Security system
U.S. Rep. Rush Holt, D-N.J., is a smart man—quite literally a rocket scientist, as his supporters’ bumper stickers will attest. When Holt talks, people should listen, whether they agree or not. So it’s a bit ironic that one of his…
SOCIAL SECURITY NEWS – New Republican Plan
Roll Call is reporting that House Republican leaders are now planning to pass several separate bills to reopen a few government agencies. They have not yet decided which agencies but one would think that the Social Security Administration would get strong…
How to Make the Best of the Medicare ‘Donut Hole’
The Medicare prescription drug “donut hole” — the difference between what a beneficiary has to pay for after reaching the initial coverage limit and the amount the government pays for “catastrophic” drug coverage — is quickly closing. Read more… …