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More on the Social Security Earnings Test
In a post on www.forbes.com, Laurence Kotlikoff provides a detailed explanation of the Social Security earnings test and how it impacts the benefits of those who choose to continue employment after filing for benefits. His post also addresses questions on an assortment…
Submitting Fraud Allegations to the OIG
(Source: Social Security Administration) The SSA Office of the Inspector General (OIG) has determined that, due to a computer error, it did not receive any fraud allegations submitted through its online fraud-reporting form from 3:30 p.m. on Monday, September 10 to 9:30…
The Importance of Understanding SSDI Eligibility
Tyler Smith, in a post on the American Economic Association’s website, recaps an article from the American Economic Journal: Economic Policy, asserting that communications from federal agencies regarding individual eligibility for programs like Social Security Disability Income may not be adequately attracting…
Social Security Fundamentals: Potential Pitfalls for Those Who Don’t Get the Details
Jay Gershman, of EWest Hartford’s Retirement Visions LLC, knows from experience that many folks jumping into retirement without understanding the many details of Social Security wind up making huge and costly mistakes. In a post on we-ha.com, he provides a…
The Retirement Savings Conundrum
You’ve no doubt seen many media articles about what is often termed “America’s Retirement Crisis,” a situation where an inordinate number of families are heading into retirement without sufficient financial resources to sustain a comfortable lifestyle. You’ve probably also seen frequent…
Social Security Disability Insurance–Why It’s Important
With statistics that project 25% of American’s age 25 and over eventually finding themselves in need of disability income, it’s critical that everyone have at least a general understanding of the this Social Security component and how it works. The…
The Nuances of Switching from Disability to Retirement Benefits
In response to a question from a disability benefits recipient approaching her automatic transition to retirement benefits, this post on maximizemysocialsecurity.com outlines the mechanics of the process, and explains the recipient’s inability to defer retirement benefits and continue on disability to…
Negative Viewpoints on Changing the Full Retirement Age
In an article on www.huffingtonpost.com, reporter Daniel Marans recaps the whitewater facing former New Mexico governor and two-time Libertarian presidential candidate Gary Johnson as a consequence of his stance on raising Social Security’s full retirement age (FRA). While Johnson’s position would call…
HSAs as a Retirement Funding Vehicle?
Accumulating retirement funds via a Health Savings Account seems to be coming into its own, according to a post on asppa-net.org by contributor John Iekel. Calling HSAs a “well kept secret, Iekel suggests “Though designed in a health plan context, HSAs are quite…
Social Security–Dependence vs. Basic Understanding
As explained in a recent www.msfiology.com post, it’s important that those planning for retirement do not place excessive reliance on Social Security benefits to carry them through their retirement years, After all, it was never designed to completely replace all of…