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Another Article on the Retirement Savings Dilemma
While we’re on the theme of insufficient retirement savings (see today’s Headline article), here’s another post from The Motley Fool on the subject, this one by Maurie Backman. Ms. Backman focuses in her post on millennials and what appears to be…
Opinion: Trump’s Medicare Executive Order has Clear Positives
Robert Graboyes, a senior research fellow with the Mercatus Center at George Mason University, offers opinions in a insidesources.com post on the positive aspects of President Trump’s October 3 Executive Order, suggesting that “there’s quite a bit to like among…
SSA Urged to Adopt GAO Recommendations on Nursing Home Oversight
In a statement issued jointly with Rep. John Larson (D-CT), U.S. Rep. Tom Reed (R-NY) called for prompt adoption of recommendations developed by the Government Accountability Office regarding nursing home management of resident Social Security benefits. The recommendations, published in a…
Understanding Spousal Benefits
In this Forbes.com posting, Laurence Kotlikoff takes a look at a decision made by Social Security staffers regarding a question on spousal benefits. Kotlikoff is professor of economics at Boston University and a Fellow of the American Academy, and frequently offers contributions…
Social Security’s Focus on Children
Sometimes lost in the mist of observations about Social Security’s impending solvency issue is the fact that the program is key to the continued welfare of over four million children in our country. In point of fact, “The latest information…
An Aging Population and the Challenges That Come With it
“Consider this: by 2060, we will likely have a half million citizens who are 100 or older. The number of Americans who are 85 and older will triple. And like Japan, one in every four Americans will be 65 or…
Plan for the Future. Manage the Present. Open or access your my Social Security account today!
(Source: Social Security Administration) my Social Security is your online gateway to Social Security. There’s never been a better time to open or access your my Social Security account. We’ve added several new features. These features include: Continue reading → Notice: The link provided above…
The Impact of Social Security’s Budget Cuts
Citing an 11% (inflation adjusted) reduction since 2010 in its core operating budget and the loss of 12% of its staff, the Social Security Administration (SSA) is facing challenges in providing service to a growing number of beneficiaries. Kathleen Romig, senior…
Retirement Planning Myths
As you head into your retirement years, you’ll encounter myths–in the form of “advice” from well-meaning folks–that can cause you problems. For example, some folks will suggest a formula for managing finances that is a one-size-fits-all and that’s been around…
Retirement Basics: Some Fundamental Rules
Retired life can be relaxing and fulfilling, but it doesn’t mean you can completely take your eye off the ball. There are still some fundamental strategies that you need to pay attention to, and these are outlined in a post…