Latest News
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…
2021 COLA Projections and the Likelihood of a “Zero Year”
Based on what’s happening in the economy these days, it appears possible–maybe even likely–that the Social Security Cost-of-Living-Adjustment (COLA) may be zeroed out for 2021. Citing the collapse of prices in the fuel markets as a leading reason why the…
The Duties of a Representative Payee
Social Security Public Affairs Specialist Marilenin Vasquez, in a post on patch.com, discusses the role of a Representative Payee in helping seniors manage their Social Security benefits. Her post begins with an outline of Social Security’s process for helping to ensure…
Safe Deposit Boxes and Your Social Security Card
Kiplinger Online Editor Bob Niedt, in a post www.kiplinger.com, takes a look at what many folks tend to keep in safe deposit boxes, highlighting the pros and cons of certain items many consider appropriate items to subject to this form of security.…
Reasons Why Your Social Security Benefits Could be Lessened
The Motley Fool’s Maurie Backman, in a post on their website today, outlines three reasons why your Social Security benefits may not be what you’re planing for. The first, of course, makes reference to the overall trust fund solvency issue, something…
Investment Protection from Social Security
The Social Security Administration’s Erin Thompson in an article posted today on the News-Herald, outlines the SSA’s stance on fraud and the steps the agency takes to protect beneficiaries from the attacks of scammers, imposters, and the like. The post includes…
The National Debt and Social Security’s Inherent Role
The Bryan (Ohio) Times today carries an article outlining the conceptual pitfalls of the rapidly escalating U.S. national debt and, although it contains some incorrect assumptions (e.g., the comment implying that the Social Security trust fund tends to “take in…
Social Security Reform Called for in Letter to House
The Fiscal Times reports that a bipartisan group of lawmakers is advocating for any future pandemic relief measures to include focus on national debt problems, including Social Security’s long-term trust fund solvency issues. In a post by Editor in Chief Yuval…