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Social Security: If this is your year to claim, read this!
There are some very basic–and very important–fundamentals anyone on the cusp of claiming their Social Security benefits should know. For example, where you stand chronologically compared to your full retirement age is a key to what your monthly benefit payment…
Ticket to Work: A Benefit for the Disabled
Enterprise reporter Joelle Jones at KOIN 6 digital news in Portland, Oregon writes on the importance of those drawing Social Security’s disability benefits knowing about the program’s Ticket to Work program. As she explains, “The little-known Social Security Administration program…
Courage for America, Opportunity Wisconsin Join Forces to Escalate Calls for Social Security Reform
With the issue of Social Security’s looming insolvency stoking public concern, two citizen-based groups have teamed up to take a message to the nation’s Capital. And that message is clear: “preserve programs such as Social Security and Medicare.” Now having…
Tax Day is Tomorrow…Are You Clear on the Taxability of Your Social Security Benefits?
If you’re taking the filing of your 2022 IRS tax returns down to the wire, now would be a good time to be certain about how much, if at all, your Social Security benefits in 2022 will affect your tax…
Battle Lines are Being Drawn on the Retirement Age Issue
Although there are many advocates for raising the Social Security full retirement age (FRA) as a measure to save the program from insolvency, the issue is generating strong headwinds in the court of public opinion. A post by US News…
Medicare for You: What You Need to Know Part 2
By Chiquita Brooks-LaSure, Administrator, Centers for Medicare & Medicaid Services Did you know you can save money on Medicare costs this year? The Inflation Reduction Act which President Biden signed into law in August 2022 will help you save money…
Medicare for You: What You Need to Know Part 1
By Chiquita Brooks-LaSure, Administrator, Centers for Medicare & Medicaid Services Your health is important and needs to be protected. If you are 65 or older, or have certain disabilities, or End-Stage Renal Disease, you can get health care coverage through the…
Medicare and Social Security are the two largest federal government programs
Mandatory outlays by the federal government totaled $4.1 trillion in 2022; nearly half was for Social Security and Medicare. However, most people are not aware of the details of these two programs. Romina Boccia and Dominik Lett created a fact…
Will the 2024 COLA be lower than three percent?
Although the public announcement of the 2024 Social Security cost-of-living-adjustment is six months away, financial experts are predicting a significantly lower COLA increase for 2024. It appears that the Social Security cost of living adjustment (COLA) for 2024 will be…
Should You Wait Until 70 to Claim Social Security?
That, of course, is a question which cannot be answered with 100% confidence because their are many factors which might change, regardless of when you decide to claim. You can, however, make an informed decision on when to claim the…