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Social Security Disability, and Autism

Coincident with recognition of World Autism Day (April 2nd), the Social Security Administration has reemphasized its commitment to disability benefits to people with autism. Social Security actually has two different disability programs: Social Security Disability Insurance (SSDI), and Supplemental Security…

What to do when the Stock Market declines

If you’re been watching the stock market at all these days, you are already aware of the quite severe decline which has occurred as a result of President Trump’s tariff announcements. Any decline in the market can be stressful for…

Who is enrolling in Medicare Advantage?

The creation of Medicare Advantage health plans was part of the 1997 Balanced Budget Act. Medicare Advantage grew from almost zero in 1998 to 33.8 million subscribers in 2024, or 55 percent of Medicare recipients. One reason Medicare recipients enroll…

How should workers with a 401(k) react to the dip?

With the stock market tumbling, concerns among investors are stashing away money in retirement funds like 401(k)s.  Stock market volatility can be stressful, especially for those nearing retirement age, but don’t panic. So, how should workers nearing retirement react to…

Social Security repayment rules

Are you in an overpayment status with the Social Security Administration? On March 27th, SSA changed how they collect overpayments, reversing the policy of having 10 percent of your overpayment withheld from your check to 100 percent.  However, this new…

Medicare penalties

Medicare Penalty refers to the additional costs imposed for not enrolling in Medicare or its components (like Part D) during the designated enrollment periods. Understanding how these penalties are calculated and how long they last is essential to managing your…

Turning 70 this year?

Are you turning 70 this year and have not started your Social Security benefits? You should sign up for your benefits since you will stop earning delayed retirement credits. Delayed retirement credits result in an increased monthly benefit amount of…

RMDs start in the year you turn 73

Retirement accounts like 401(k)s and traditional IRAs give you a tax break by lowering your taxable income; however, withdrawals are subject to taxation. Yes, the year you turn age 73, you are required to make withdrawals. If you don’t, it…

Operationalizing the scope of the Medicare drug negotiations

The Inflation Reduction Act of 2022 allowed Medicare to directly negotiate the prices of certain high-expenditure, single-source drugs without generic or biosimilar competition. The first set of negotiated prices will take effect in 2026. The Centers for Medicare and Medicaid…

Social Security Administration’s moves from old programming language sparks fears

Some experts feel that DOGE’s effect in eliminating fraud at the Social Security Administration is misplaced. This concern stems from new reports that the Social Security Administration plans to migrate from an old COBOL computer programming language to a more…

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