Latest News
NECAC warns seniors about scam
The not-for-profit North East Community Action Corporation (NECAC), a 12-county area social service, community health and public housing community action agency, is warning senior citizens about a scam involving so-called free medical alert services. Read more… Notice: The “Read…
For 26 years after Mobile man’s death, $85,341 in Social Security checks kept coming
When Willis Edward Johnson’s father died in 1984, he tried informing the Social Security Administration and even attempted to close a bank account where the government deposited the retirement money. Except for a brief period in August 1988, the checks kept…
Social Security: Find Your Best Filing Strategy
For most households, there’s no retirement resource more important than Social Security. And making smart decisions about when to file for benefits can make a difference of thousands of dollars during your lifetime–especially for married couples, who can take advantage…
Medicare, Social Security Are Bargains for Beneficiaries
In the current debates over cuts to federal spending, organizations that advocate for seniors overwhelmingly argue against cuts to Medicare or Social Security. Public opinion polls also find big majorities against cuts. Perhaps the most-used defense of the programs is…
CPI for All Items Increases 0.5% in June 2013; Gasoline, Shelter, Medical Care, Food All Rise
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.8 percent before…
Increase Minimum Wage and Consumer Price Index
But buying those products with increased costs would be impossible for those on social security incomes if the chained CPI is adopted. The chained CPI says that when the costs of goods goes up, we look for cheaper substitutes. Cheaper substitutes are …Read More …
A smart startegy for collecting Social Security
Social Security benefits provide a significant proportion of retirement income for most Americans. Federal data shows that the government program provides 50 percent or more of all income for almost two-thirds of retirees, and 90 percent or more of all income for…
Your ‘my Social Security’
This week on For Your Benefit, Lester Austin, public affairs specialist for the Social Security Administration, joins hosts Bob Leins and John Elliott to talk about Social Security and retirement. Find out what benefits you are entitled to by creating a my Social Security account.…
Social Security site for smart phones
The Social Security Administration has a new version of its Web site designed specifically for smartphones. Read more… Notice: The “Read more…” link provided above connects readers to the full text of the posted article. The URL (internet address)…
You’re the boss when it comes to retirement savings
Michael Preston, who is retired, is saving for retirement. The 69-year-old was a professor of English at the University of Colorado at Boulder until the end of last year. His wife, Cathy, 61, plans to retire from her job as a…