Latest News
Attention, Women: Some Rules You Should Know About
Social Security is, as most people know, gender-neutral. But that doesn’t mean there aren’t portions of the rulebook that women need to pay special attention to. Tom Margenau, a 32-year veteran of various positions with the Social Security Administration, offers…
Warren Buffett–A Historical View of What Should be Done About Social Security
Social Security’s looming solvency problem is beginning to draw attention (again), now as a segment of the 2024 presidential election debates. Solutions are popping up in many corners, and they range from doing nothing to shoring up the revenue side…
Attention 75+ Retirees: You May be able to Avoid RMDs (temporarily, anyway)
There are circumstances in which seniors can delay taking required minimum distributions from employer-sponsored plans like a 401(k) or a 403(b) plans. There are qualifications, though, beginning with the requirement that you must remain an employee (not a contractor) of…
Social Security Numbers Emerge as Key Voter Concern
Election-related cybersecurity concerns have cast a spotlight on Social Security numbers, at least indirectly. The Center for Digital Government, a division of e.Republic, Government Technology’s parent company, reports that “phishing” (the hazard induced by clicking on emailed links or opening attachments from…
Social Security Retirement Benefits and Boomers…A Note of Caution
The often-reported absence of adequate savings by those intending to rely on Social Security benefits for a comfortable retirement suggests that there may be some rough waters ahead, according to a post by GoBankingRates’ Sean Fisher on their website. Fisher…
Retire, or Wait…Some Factors to Consider
Whether to retire is, for many Americans, a bit of a choice that requires some serious planning. If you have the luxury of considering whether now or later is the best scenario for you, there are some key considerations beyond…
Spousal Benefits: The Importance of Knowing the Rules
With Social Security benefits playing a key role in so many retirement financial plans–and especially for married couples–being fully aware of the many rules that govern eligibility for–and calculation of– spousal benefits is critical. From the provisions for one spouse…
National Social Security Advisor Credentials Explained
You may have seen references to National Social Security Advisor (NSSA) designations in various financial media reports, and you may know that the AMAC Foundation Social Security Advisor staff includes seven members who’ve earned this designation. In a Bankrate.com post…
Here We Go Again–Government Shutdown and Social Security
It seems like Déjà vu all over again, to quote a phrase from the great Yogi Berra decades ago, but the potential of a government shutdown has again raised the question of how Social Security payments would fare. CNBC personal…
Trust Fund ROI Rates Continue to be Questionned
Picking up on an issue explored recently in a “Latest News” post on this site, GoBankingRates’ financial reporter Vance Cariaga takes a look at the interest income generated by Social Security’s trust fund reserves last year. Contrasting the nearly 2.4%…