Latest News
52 Percent of Young Americans Favor Social Security Opt-Outs Even If It Reduces Current Benefits
The vast majority of Americans (64 percent) have a favorable view of the Social Security program, with 25 percent who are very favorable, according to Reason-Rupe. However, delving deeper, it is less clear if Americans approve of the mechanics of the…
Individuals in Same-Sex Marriages Should Not Wait to Submit Applications for Social Security Benefits If They Believe They Are Eligible
Following the U.S. Supreme Court’s decision striking down a portion of the Defense of Marriage Act (DOMA), Social Security and Medicare benefits may soon be available to same-sex couples in the District of Columbia and the 13 states recognizing same-sex…
Social Security and IRAs when suddenly single
Recently I wrote about when people who are suddenly single — whether widowed or divorced — and the things they need to consider before making financial decisions. I’ve always said that to avoid costly mistakes, individuals should try to avoid making financial decisions…
New bill aimed at helping detained veterans
We’re hearing mixed reviews after a new bill, introduced by Assembly member Rudy Salas, was signed into law by Governor Jerry Brown. AB 555 would provide benefits and services to veterans detained in a correctional facility or jail. The bill was signed…
This 1 Chart Shows Why Social Security Is So Important
With Washington leaders continuously debating the future of Social Security, it can be easy to forget just how important the program has become to retired Americans. The truth is that the bottom 80 percent of Americans have stashed little away in retirement savings programs,…
Social Security disability offered to injured
Service members who are injured while on active duty on or after Oct. 1, 2001, may be entitled to disability benefits through the Social Security disability insurance program. More than 5 million disabled workers and over 1.6 million dependants of…
Wal-Mart Blames Economy And Payroll Taxes For Slowed Earnings
A 2 percent rise in Social Security taxes that went into effect in January has had a negative impact on the company’s cost-conscious shoppers. Wal-Mart is blaming depressed demand amid a still-shaky economy and a rise in payroll taxes for disappointing earnings…
What you need to know for future of Social Security
If you’re in your 20s or 30s, you’ve probably said, “Social Security won’t be there for me.” That will only happen if you let it happen. I submit that your generations will need Social Security even more than mine because of…
How to Get the Most from Social Security
One of the biggest mistakes retirees make is getting their Social Security benefits wrong—taking them too early or too late, or failing to coordinate with their spouse. Miscues in this area can cost thousands of dollars over the course of…
Senior citizens work to preserve social security
Senior citizens across the country say changes to social security will jeopardize millions of people’s retirements. They are organizing at places like the Missoula Senior Center today, on the agency’s 78th birthday. Many are writing postcards to congressional delegates, urging them…