Latest News
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…
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…