Latest News
House Ways & Means Announces 6/29 Discussion on Social Security
ADVISORY: GOP Meeting: Democrats’ Partisan Approach to Social Security Hurts Current and Future Workers Democrats’ proposals heap tax hikes on workers and job creators, fail to put Social Security programs on sustainable footing Ways and Means Republican Leader Rep.…
Social Security and Food Insecurity–A Positive Story
One of the persistent concerns faced by older Americans is the need to stretch limited financial resources in many directions, one of which is ensuring availablity of funds for food shopping. Now, with the rate of inflation we’re all facing,…
The Importance of Realistically Assessing Social Security’s Role in Your Retirement Financing
The future of Social Security benefits in your retirement financial planning is increasingly in the news these days, certainly as the program’s trajectory toward insolvency picks up steam. By design, of course, the program was never intended to fully finance…
A Reminder of the Benefits Available Via a Personal Social Security Account
MySSA accounts, the personal account you can set up to facilitate access to your Social Security information, have been around for a few years now, and upwards of 65 million individuals have created their own account and have seen the…
Thoughts on Claiming Social Security at 62…It’s Still the Most Popular Age
Filing for Social Security benefits at the earliest possible point–age 62–remains the most popular starting point for benefits. In fact, a recent study by retirement solutions firm Allianz reports that a third of all folks close to retirement age are…
Sanders/Defazio Bill to Expand Social Security Encompasses Additional Benefits, Taxes
Legislation introduced earlier this month in both the House and the Senate call for additional cash benefits for seniors, coupled with an increase in the amount of payroll tax to be absorbed by an estimated 7% of the workforce. The…
Preparing for a comfortable retirement
We all want a comfortable retirement; that goes without saying. Yes, there is no one-size-fits-all retirement, but you still want your money to last throughout your retirement years. Heather Taylor outlines nine steps you can take to begin preparing for…
Is a Roth 401(k) right for you?
The Vanguard Groups 2022 How America Saves reports that 77 percent of 401(k) plans had adopted a Roth Savings option; however, only 15 percent of the participants had elected the option. Although a traditional 401(k) plan gives employees a tax…
Options available to current or aspiring retirees
The “4% retirement income rule” is not actually a rule; it is still a great place to start. But, some financial experts are questioning if it can still deliver with today’s low-interest, high-inflation, and low-expected-return stock market environment. Sam Swenson…
Creating a realistic retirement plan
Many media outlets are bombarding you with retirement strategies; it can become overwhelming, causing you to become bewildered and give up. But do not give up; retirement planning can be easier than you think. You can create a realistic retirement…