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The Flip Side of Increasing the Full Retirement Age

If you’ve been tuned into the rapidly escalating debate on how to address Social Security’s solvency problem, you’ve likely seen many references to one of the suggested “fixes”–increasing the program’s full retirement age (FRA) from its current age 67 for…

Does Retirement Result in Less Stress?

Maybe, maybe not. And all this talk about the looming Social Security solvency problem and the projections for a substantial cut in benefits not too far from now certainly isn’t helping. For now, though, let’s set aside the solvency issue…

Social Security Recipients and Income Tax Obligations

If you’re a Social Security beneficiary and you haven’t yet filed your annual federal income tax return, now’s a good time to be sure you’re clear on what your legal obligation is. To help, CNET’s Nina Raemont, in a post…

Retirement Savings Trends–An Upswing In Progress

A new report by Vanguard Strategic Retirement Consulting suggests that millennial and Gen Z workers are focusing more attention on saving for their “golden years.” In fact, the report notes that automatic 401(k) enrollments are resulting in these workers “……

Assessing the Implications of an FRA Setback

If you’ve been keeping up with the rhetoric on the Social Security solvency crisis, you’re probably tuned in to the various scenarios being advanced to address the impending trust depletion situation. You probably also know that one of the most…

Headwinds Building in Opposition to a Full Retirement Age Increase

Although many pundits have weighed in on the likelihood of a further setback in the age at which newly eligible beneficiaries can claim their full benefits, a recent Quinnipiac University poll suggests that there is substantial pushback from Republican, Independent, and…

Another Viewpoint on Social Security’s Future Financial Picture

Despite the incorrect title, an article by Simon Black a.k.a. James Hickman–the Founder of sovereignman.com–provides a glimpse of Social Security’s potential future in the wake of the much-reported depletion of trust fund reserves. What’s incorrect in the title, of course,…

Retirement Planning and the “Adulting” Effect

In a post on the American Society of Pension Professionals & Actuaries (ASPPA), contributor John Iekel offers insights into the status of retirement preparation among young adults between the ages of 18 and 42 — adult children who hail from…

Reaffirming the Fact That Social Security Will Be There…Just Maybe Reduced, though.

It’s been one of the most persistent rumor circulating in the airwaves for some time…this impending assertion that Social Security is facing bankruptcy about a decade from now. Walter Gottlieb, writing in a post on the National Committee to Preserve…

The Amount of Available Savings Will Influence Your Claiming Decision…Here’s How

For many, it’s one of the most gut-wrenching decisions that needs to be made: When to claim Social Security benefits? And one of the main factors that influence one’s final decision on this issue is, logically, the amount of savings…

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