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Social Security is the key to closing black/white wealth gap
One potential benefit that can come from last week’s March on Washington 2013, which commemorated the 1963 civil rights event, is the various data publicized about the current state of economic affairs of black America vis-a-vis the rest of the…
Limited Healthcare Benefits Pushing Seniors and Retirees to …
Many U.S. employers have dramatically reduced or terminated their retirement benefits. This combination of weaker public and private retirement programs is putting enormous financial risk on American retirees. For many years, retirees and seniors have looked to Social Security and…
Capito mobile office visits scheduled for September
CHARLESTON, W.Va. — Rep. Shelley Moore Capito, R-W.Va., has announced the dates and times of her mobile office for the month of September. State residents can get help with the federal government, including Social Security Administration, Medicare or the Veterans…
HSA contributions must stop when Medicare begins
A financial advisor posed a question about the interaction between Medicare and Health Savings Accounts. His wife started collecting her full Social Security benefits at 66. He is approaching his full retirement age, so he plans to file a restricted claim…
Some Of Washington D.C.’s Biggest Terrorists Aren’t Who You Think
Terrorism achieves goals by fear. Since Washington wants more money, it threatens our society’s weakest. Two years ago, Obama played the game of “Not sure Social Security checks will go out.” This time Treasury Secretary Jacob Lew advised Congress there may not be…
Another Budget Deal Bites the Dust
The small group of Republican senators who had been meeting with the White House on budget matters called it quits on Thursday. They were known as the “Dinner Caucus.” In the end, they got less accomplished than the “Breakfast Club.” Their fate, though,…
Working while claiming early benefits
Many seniors wonder if they should take Social Security benefits early at age 62. Generally, this question cannot be answered without a detailed analysis of a person’s individual situation. Taking benefits early at age 62 in 2013, you would have…
Cybersecurity Expert Urges Congress to Consider Comprehensive …
It’s one of the most unpleasant, yet common, experiences of the digital age: notice from a company, employer, or public agency letting you know your most personal and valuable information – Social Security number, credit card information, online passwords –…
Commentary: Damaging Social Security’s credibility
President Obama’s proposal to restrict the growth of Social Security by changing annual cost-of-living adjustments (COLAs) from the present Consumer Price Index (CPI) to a Chained Consumer Price Index represents a disingenuous departure from his earlier position to hold fast…
Fewer Americans are paying no federal income tax. Why?
The percentage of Americans who pay no federal income tax is falling, thanks to an improving economy and the expiration of temporary Great Recession-era tax cuts. In 2009, the Tax Policy Center estimated that 47 percent of households paid no federal income…