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Republicans in Echo Before Big Burn Defy Affordable Health Care
Obamacare is the culmination of an effort that began with Roosevelt’s administration a century ago to provide a form of government health insurance for the poor. And in each phase, presidents — Republican and Democratic, alike — had to overcome…
Social Security hurdles for government workers
Deciding on a claiming strategy to maximize Social Security retirement benefits is complicated for all workers — but for government workers, it can be a source of frustration. Many state and local government workers, and some older Federal civil service workers,…
Business can help avoid retirement crisis
Hard-working Americans hold a vision of retirement based on financial security with a comfortable seat in a comfortable home on a sturdy three-legged financial stool. Today that sturdy three-legged stool, made up of Social Security, employer pensions and private savings,…
Your COLA for 2014: Higher or Lower than in 2013?
The cost-of-living adjustment in government benefits, including Social Security and federal retiree COLA payments, for 2014 is more than likely to be 1.5 percent. That figure is based on a recent estimate from the Congressional Budget Office. The COLA for…
Seventh Congressional District has large impact from Social Security
WASHINGTON, D.C. (WXPR) – The National Committee to Preserve Social Security and Medicare says their officials were surprised when they ran a report that shows Wisconsin’s 7th Congressional district has one of the highest impacts from Social Security in the…
AMAC’s Lady Lake Office Hosts Congressional Visit
U.S. Congressman Daniel Webster, Representing the 10th District of Florida, received a first-hand look at AMAC’s plan for ensuring the long-term viability of America’s Social Security program. AMAC’s President Dan Weber provided Rep. Webster and staff an overview of a proposed legislative prototype designed…
Nation’s former top accountant: US debt stands at more than …
The economy is slowly growing, the government’s yearly budget deficit falling. But the nation’s former top accountant doesn’t buy the idea that everything is OK. David Walker, who for a decade ran the Government Accountability Office, the watchdog group…
Athens (GA) Library Hosting Financial Planning Lecture
Athens Clarke Library is offering free, financial planning on Social Security benefits. The library will host “Social Security Planning: How to Maximize Your Benefits,” at 12:15 p.m. on Tuesday, August 27th. Chuck Vickery of Vickery Financial Services will be the featured…
Is the U.S. national debt higher than we thought?
The fiscal state of the U.S. generally focuses on the $1 trillion budget deficit and the $16 trillion national debt. But this number doesn’t take into consideration the unfunded liabilities of Social Security, Medicare and Medicaid. The above graph, compiled by…
Faith in Social Security continues slide
Younger generations have written off Social Security as a means of funding retirement, but those 65 and older continue to rely on it as a major share of their retirement income, according to the Employee Benefit Research Institute’s 2013 Retirement Confidence…