Latest News
Social Security “no match” letters to be re-instated
The Social Security Administration (SSA) has announced that, starting in early 2019, it will once again notify employers when a submitted W-2 contains a name and Social Security Number that do not match with Social Security’s records. These notifications, known as “no match”…
Millennials and “Generation Z”: A new formidable workforce
The so-called millennial generation, and the somewhat younger “Generation Z” will prove to be a very formidable workforce in years coming, due to both workforce size and their choice of career fields. And, according to a report by financial firm…
Social Security encourages those on disability to return to work – but is it working?
Social Security Disability Insurance (SSDI) benefits help sustain about 8.6 million disabled American workers, providing an important lifeline to those who are prematurely prevented from working for more than one year. As an encouragement to return to work, there are…
How can you “lose” Social Security benefits?
For most Americans, working and earning carries an obligation to contribute a portion of your earnings to the Social Security system that you will surely rely on during your golden years. Your employer contributes the same amount as you do unless,…
Health Savings Accounts, and why the rules should be changed
It’s pretty much a given that expenses for healthcare will be one of the biggest hits on retirement income for most Americans. Today’s Health Savings Accounts, or HSAs, provide a vehicle to somewhat ease that pain, but the rules governing…
Turning your savings into retirement income
In this Forbes article by contributor Erik Carter, the author offers several strategies for how to take your retirement nest egg and turn it into an income stream for your golden years. The options range from living off interest and…
Social Security is no “Ponzi Scheme”
There are plenty of myths and accusations about how Congress has stolen Social Security’s assets or “borrowed” those dollars to fund other Government boondoggles, or that illegal immigration has drained the system from illegals’ collecting benefits, and that these are the reasons…
Could the Trust Fund last longer than now predicted?
While the most recent Trustees’ Report warns that the Social Security Trust Funds will be depleted in 2034 unless Congress acts soon to shore it up, investment firm Morgan Stanley is predicting a different scenario based upon it’s own workforce…
Social Security Inspector General’s Warning About Scams
It seems there is no end to the lengths scammers will go to try to con you. Most recently, Social Security’s Acting Inspector General has issued a warning to the public about a nationwide scam where callers claim to be…
Deadline for Medicare Open Enrollment is today!
Today is the deadline to sign up for this year’s Medicare open enrollment. If you are 65 years old or older, or about to enter that age group, it might be a good time to consider your plan options to…