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The Payroll Tax Cut Idea, Again
President Donald Trump has again come out in favor of a payroll tax cut to ” … help the American economy to continue to recover from the shutdown caused by the COVID-19 virus.” And once again, the debate on the wisdom…
Remembering Rep. Sam Johnson
The Heritage Foundation’s Rachel Greszler, research fellow in economics, budget, and entitlements in the Institute for Economic Freedom, offers a fitting tribute to the life and accomplishments of Rep. Sam Johnson, who died of natural causes May 27 at age 89.…
More on the Realities of Our Social Security Situation
In a post today on Newsmax.com, columnist Trevor Gerszt offers thoughts on the truths of Social Security, including a recap of how the program is structured and how its financing has evolved over time. Gerszt also discusses the political situation surrounding Social…
A Second Stimulus Check? Maybe, Maybe not.
The “Heroes Act” is causing a stir these days, as many folks speculate on whether a second round of stimulus payments might be in the offing. But, according to Forbes contributor Zack Friedman, final resolution of the matter will likely not…
Your Retirement Age: What’s Ideal for You?
There’s an early retirement age, a full retirement age, and a deferred retirement age. Deciding which one is appropriate for you can be a mind-boggling exercise. So, what’s an “ideal” retirement age? The Motley Fool’s Katie Brockman discusses the science for…
The Elusive “Retirement Dream”
For many folks, the thought of an eventual, comfortable retirement life has kept them going during those long working years. They have even been steadfast in their financial planning, putting what funds they could aside for those “golden tears.” But…
The Coronavirus Impact on Individuals’ Social Security
As noted in a companion post today, the COVID-19 pandemic is creating a long-term impact on Social Security’s long-term financial picture. Often overlooked in this discussion, though, is the impact on future retirees as a result of time spent off…
June is World Elder Abuse Awareness Month; Social Security is a Key Vulnerability
It’s a pretty constant threat, but the scammers in recent months appear to have ramped up their efforts amid the stimulus confusion and the general havoc in the economy. So much so that the Social Security Administration today issued another…
More on “my Social Security” Accounts
We’re in a time where many of are still remaining ay home to handle business, both personal and vocational. Based on this current situation, the Social Security Administration notes that having a my Social Security account can be particularly helpful…
IRS provides relief to retirement plan participants to sign elections remotely
WASHINGTON — The Internal Revenue Service today provided temporary administrative relief to help certain retirement plan participants or beneficiaries who need to make participant elections by allowing flexibility for remote signatures. The change relates to signatures of the individual making the…