Latest News
Charo Boyd: Spouses have a significant benefit
Social Security can be an important financial asset for married couples when the time comes to apply for retirement benefits. In many cases, one spouse may have earned significantly more than the other, or have worked for a longer span…
Update on the Supreme Court Decision Regarding the Defense of Marriage Act
The President has directed the Attorney General to work with other members of his Cabinet to review the recent Supreme Court decision and determine its impact on Federal benefit programs – including benefits administered by Social Security – to ensure…
Disabled workers see jobless ranks grow
The unemployment rate for people with disabilities climbed during the second quarter of 2013, while applications for Social Security Disability Insurance (SSDI) benefits continued to stabilize — dropping nearly 6 percent compared to the first half of 2012…Read More Notice:…
How You Can Make $100000 a Year from Social Security
Most people really don’t understand Social Security, but they know they are eligible to take it at 62 years old or as late as 70. Most assume that it’s better to take Social Security while the getting is good. But,…
Moody’s upgrades US credit rating to stable
WASHINGTON (AP) — Moody’s Investors Service upgraded the outlook for U.S. government debt to ‘stable’ from “negative” and affirmed the United States’ blue chip Aaa rating. The rating agency cited a surprising drop in the federal deficit — the difference between…
Social Security rules can wreak havoc on divorce plans
I always say that when it comes to claiming Social Security benefits, timing is everything. And when an older couple is considering a divorce, it can lead to some difficult choices. Jessica Ness, a certified financial planner with Glassman Wealth Services, e-mailed…
10-minute tweaks to save your retirement
Add longer life spans (and longer retirements) to the mix, and the financial landscape of your golden years may appear bleak at best. Though the prospect of running out of money is indeed terrifying, don’t despair. Guaranteeing sufficient income in retirement…
Expert: Social Security disability program ‘backdoor welfare’
With record numbers of people collecting benefits through a Social Security program for disabled workers, there are concerns that some might be abusing the system. And even if not, the system might not be sustainable at current levels. Tad DeHaven, a research associate with…
Retiring Soon? Don’t Forget Tax Implications
If your retirement is not far off, you’ve probably already started to estimate what your living expenses will be after the regular paychecks stop. Most would-be retirees remember to include routine expenses like housing (rent or mortgage), medical bills and…
Your retirement journey
In cartoons, “the end is near” is an almost surefire laugh line. Just picturing a doomsday prophet standing on Wall Street holding his apocalyptic placard is, for cartoonists, money in the bank. But as America ages and an average of…