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Experts have concerns with the coronavirus relief bills
In the proposed House and Senate coronavirus legislation to help Americans and companies deal with economic fallout from this virus, is a provisions related to retirement, including a waiver for retirees who need to take required minimum withdrawals (RMDs) and…
Location matters when choosing a retirement home
As they say in real estate, it’s all about location, location, location. Location is a large factor to consider when you are choosing a retirement facility as well. According to Genworth Financial, the annual median price tag for a retirement home…
Should you continue funding your retirement or emergency fund?
During the COVID-19 pandemic, it is tempting to scale back on contributions to your 401(k) or IRA. Most financial advisors, however, would advise you to do your best to continue funding your retirement. Millions of Americans are struggling financially during…
Do you know how much you need to save for retirement?
How much should American workers be saving for their retirement? We know preparing for retirement is a monumental task, but it helps to be able to tell whether your retirement savings are on the right track or not. A new…
Retirement savers could use some guidance
A recent USA TODAY/Ipsos Poll shows Americans are more concerned about their finances than their health. In fact, it appears that Wall Street may be fueling that concern right now with stocks having fallen more than 30 percent. This volatility stems…
In March, our nation celebrates Women’s History Month
For over 80 years, Social Security has served a vital role in the lives of women. With longer life expectancy than men, women have more years in retirement and have a greater chance of exhausting other sources of income and…
Medicare and Costs Related to COVID-19
There are quite a few fast-moving parts involved with the evolving coronavirus pandemic, and one of the more frequently asked question areas these days is the handling of costs associated with COVID-19 testing and treatment. To address these questions, the…
Understanding Survivor Benefits
One of the most-often questioned areas of Social Security relates to the issue of survivor benefits and what scenarios need to be considered when one’s initial filing decisions are made. For example, what will be the increase a lower-earning spouse…
The Case Against a Payroll Tax Cut
As we pointed out in our March 18 headline post, the idea of a payroll tax reduction or the complete elimination of the payroll tax for a period of time could have serious consequences for a program already in the…
More on Women and Social Security
As a follow-up to yesterday’s headline article about the retirement issues women face, we came across another a forbes.com article by contributor David Rae exploring the most significant worries women face when approaching that stage of their lives. Again, running out…