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Fill the Gaps in Your Retirement Income
People are living longer, so the retirement span has increased. They face rapidly rising health care costs, and given low interest rates, they need a bigger pile of money than they did in the past. At the same time, the full retirement…
Meetings offer details on seniors’ benefits
A training series titled Boomer Ed 101 will be offered for seniors (born between 1948-1953) in El Dorado County this month. Sponsored by the El Dorado County Commission on Aging and County Health and Human Services Agency, it will focus on…
Veterans now have a home, and hope
After leaving the military, Bob Larsen, 55, was at risk for homelessness. He’d lost everything, was consumed by depression, addicted to opiates, and tried four times to end his life. After a time he entered transitional housing, them got approved for…
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…