Latest News
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…
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…