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Yes, Social Security checks and SSI checks will continue to be paid
The Social Security Administration Commissioner, Andrew Saul, wants to remind the public that Social Security and Supplemental Security Income benefit payments will continue to be paid on time during the pandemic. Also, the agency wants to remind people to be…
What could it mean to Social Security Trust Fund with a lot less money coming in
Paul Brandus, the White House bureau chief for West Wing Report, writes in an Opinion column on MartketWatch.com, titled “Thanks to COVID-19, Social Security’s day of reckoning may be even closer than we thought.” He explains the collapse of the…
You should definitely know these six Social Security rules
The U.S. Social Security program is currently keeping nearly 15 million retirees out of poverty and millions more rely on it to supplement their retirement income. So, it is important to know at least the basic rules of Social Security…
What we should do to help create retirement security for millions of Americans
Wayne Chopus, president and CEO of the Insured Retirement Institute, writes in an opinion piece published by CNBC on how to build retirement security for millions of American workers as we recover from the coronavirus pandemic. He outlines the Insured…
The ‘stay safe at home’ policy is similar to retirement
This era of self-quarantine may change your outlook and expectations for retirement. Will it convince you to retire early or has the experience been the opposite for you? Retirement is a choice while quarantine is a mandate; still the similarities…
Social Security checks could get a surprise boost after all in 2021
In most years, Social Security recipients receive a cost of living adjustment (COLA) designed to counteract the effects of inflation. Food, energy, and other items that households purchase or consume with regularity are used to determine the Consumer Price Index for…
Public Service Announcement – Recapping the Stimulus Checks for Social Security Recipients
So much has been posted here and on numerous news sites across the internet about the details of economic impact payments (stimulus checks) being issued to Americans. Likewise, the question of whether and how Social Security recipients are receiving stimulus checks has…
Can Debt Collectors Steal Your Stimulus Check?
Yes, debt collectors CAN take your stimulus check, and they appear to be grabbing stimulus funds in order to satisfy people’s past debts. It appears to be legal due to the way Congress set up the stimulus check program — but as Dan…
CARES Act 2020: Retirement Fund Access & Student Loan Relief
The over $2 trillion CARES Act has a number of favorable provisions for students and seniors, but most specifically related to required minimum distributions (RMDs) and loans from a 401k plan. Below are four things to know, as put together by…
13 steps to take if you lost your job in this pandemic
With so many millions out of work and more expected, it can be daunting to know what to do and how to cope. This piece by Sarah Foster posted on bankrate.com provides 13 steps to take, starting with filing for…