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What We Don’t Know About Immigration Bill’s Impact
“For example, most of the agency’s analyses of the economic effects of changes in tax and spending policies present ranges of estimated effects, and the agency’s projections of the finances of the Social Security system include ranges of outcomes …Read…
PROTECT YOURSELF FROM ELECTRONIC SOCIAL SECURITY FRAUD
The third Wednesday of every month is important to Alexandra Lane—it’s the day about $1,200 in Social Security retirement benefits is electronically deposited into her checking account. The 72-year-old Florida resident uses those funds—earned over 37 years of working as a…
How Social Security Works for Divorced Spouses
Social Security is an important part of the financial plans that Americans set up for their retirement years. But many don’t know how divorce affects the benefits they’re entitled to collect. In the following video, Fool contributor Dan Caplinger looks…
‘Human Chain Against Chained CPI’ set for July 2
Social Security is entirely self-funded and has nothing to do with the annual budget. So why, then, in the middle of its debates on an annual budget plan, is Congress trying to change the way Social Security payments are calculated? Some…
Personal Income In U.S. Drops As Taxes Rise
Personal income in the U.S. was down in every state but South Dakota in the first quarter of the year, the U.S. Bureau of Economic Analysis said in report Friday. That means the money people received from salaries, bonuses, investment income,…
Retired Americans plan Tuesday rally
The Alliance for Retired Americans, a nationwide advocacy organization representing 4 million senior citizens, is sponsoring a national day of action Tuesday to protest a cut in Social Security benefits, 5-6:30 p.m., in front of the federal building at 15th and…
Financial Goals For Retirees
Retirement is here and you thought all would be golden. If you haven’t planned well for retirement you may find yourself coming up short. The most common goals: Make the money last as long as you do. Travel Spoil the grandkids You…
The left’s four fiscal fantasies
There is a rising chorus on the left that our fiscal conversation should be declared over and plans for meaningful entitlement reforms mothballed. These voices argue that we can have substantial new spending on public investments, a secure safety net,…
7 Retirement Decisions That Affect The Rest Of Your Life
The choices you make during your working years and at the beginning of retirement affect how comfortably you will live in old age. Here are some retirement decisions that will have a big impact later on in your retirement years:…
STATE AFFAIRS: Senior retirement futures bleak?
“We are on the precipice of the greatest retirement crisis in the history of the world,” declared Ted Siedle recently in conservative Forbes magazine. That caught my eye. What I found from further research is that many retirees will have…