Latest News
Synthetic Identity Fraud and Social Security Numbers–Yet Another Battle to be Fought
It sounds like a strange title for a vulnerability–“synthetic identity fraud”–but it’s not really that far-fetched. In simple terms the concept is used to describe situations where a “genuine social security number is used alongside a false name and date of…
Making Your Retirement Funds Last–Some Tops to Stretch Your Balances
It’s one of the most daunting questions faced by folks approaching their retirement years: How long will my finances hold out? The answer, of course, depends on how along you’ll live and what type of lifestyle you’ll want to have.…
Retirement–It’s More Than Just the Money
A post by Christopher Robbins on www.fa-mag.com suggests that financial advisors need to stress that retirement preparedness goes beyond the financial planning work that’s been done. According to Robbins, “Retirement carries implications for a person’s physical and mental well-being that cannot…
Social Security Doubles Down on Fraud Investigations
“We will find you; we will prosecute you; we will seek the maximum punishment under the law; and we will fight to restore the money you’ve stolen from the American people.” These are the words of Social Security Administration officials…
House Passes Family Savings Act
(Source: House Ways and Means Committee) Today, House Ways and Means Committee Chairman Kevin Brady (R-TX) released the following statement after the House passed the American Innovation Act and the Family Savings Act, two of the three bills that make up Tax Reform…
Extending the working years and what it can mean for you
The long-standing norm that age 65 was the end of the working career is being upended these days, with more and more folks opting to stay in the workforce well past what used to be the standard exit point. This www.bloomberg.com…
VA Disability and SSDI Benefits Explained
This post on http://www.dcmilitary.com explains the differences between Veterans Administration (VA) disability and Social Security;s Disability Income benefits (SSDI), and outlines circumstances under which dual eligibility might occur. The post also covers the steps for applying for benefits, as well as the…
New Online Social Security COLA Notices
(Source – Social Security Administration) We are constantly expanding our online services to give you freedom and control when doing business with us. Our new online cost-of-living adjustment (COLA) notices are another example of our commitment in this area. Later…
The Future of Retirement: “A Perfect Storm” in the Making?
The Hill’s Marc Cadin, in a post on thehill.com’s Opinion page, cites “Insufficient savings, longer life expectancy that requires more resources during retirement, and a sharp increase in the number of retirees that the federal government is ill-prepared to support” as indicators…
Chairman Johnson Opening Statement at Hearing on the State of Social Security’s Information Technology
(Source: House Ways and Means Committee) House Ways and Means Social Security Subcommittee Chairman Sam Johnson (R-TX) delivered the following opening statement at a Subcommittee Hearing on the State of Social Security’s Information Technology. “Good morning and welcome to today’s…