Latest News
Only the complex cases remain
The Social Security Administration has completed 87 percent of adjustments and retroactive payments to beneficiaries who were affected by the Windfall Elimination Provision and Government Pension Offset before the passage of the Social Security Fairness Act. The remaining beneficiaries with…
How prioritizing Social Security Fairness Act claims affects other claims
According to Social Security employees at several processing centers, because officials at Social Security have prioritized the remaining 900,000 complicated cases resulting from the Social Security Fairness Act, those claims are now at the top of their work list, causing…
When is the Medicare initial enrollment period?
Medicare initial enrollment period (IEP) occurs three months before your 65th birthday, the month of your 65th birthday, and the three months after your 65th birthday. You can enroll in Original Medicare, which includes Parts A and Part B. Once…
Turning retirement savings into regular income
Turning retirement savings into regular income continues to pose a challenge for retirees, according to Vanguard’s investment strategy group. The group examined information from 70,000 retirees who had been in an employer-sponsored 401(k) plan administrated by Vanguard for five years…
How can employers better prepare employees for retirement
A recent report from the TIAA Institute and the Global Financial Literacy Excellence Center found that over a quarter of millennials surveyed expect to live 30 or more years in retirement; however, their retirement savings are falling short. Employers can…
The disadvantages of claiming at 62
You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits only when you reach your full retirement age. There are advantages and disadvantages to taking your benefits before your…
Stop pretending that nothing is happening to Social Security
How important is Social Security to the American seniors? According to a recent survey from The Senior Citizens League, “67 percent of seniors said they rely on Social Security for more than half their income.” Among Social Security beneficiaries age…
What You Should Know About Social Security if Your Spouse Passes Away
The death of a spouse is among the most stressful life events. Losing a spouse can be devastating both emotionally and financially. You can depend on us during this difficult time. Can I get surviving spouse benefits? When your spouse…
Future Retirees Looking More Toward Professional Guidance for Financial Planning
Perhaps it’s an example of how complex the matter of financial planning for retirement has become, or maybe it’s recognition of how educational institutions have dropped the ball on basic life-planning issues. Whatever the reason, it’s interesting to see that…
SSA Commissioner Details Plans for AI Deployment
In a piece related to today’s earlier “Latest News” post here, Selfemployed.com staff editor Emily Luderdale follows up on Social Security Commissioner Frank Bisignano’s recent public statements on the implementation of artificial intelligence (AI) concepts into the agency’s operations in…