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Worried About Retirement Finances? So’s Your Employer!
Retirement research firm TIAA recently concluded that employers–as sponsors of retirement plans–share their employees concerns about financial security in retirement. Of particular note is the level of concern about the health care costs in later years. In a post on…
Social Security Misunderstandings (and Just Plain Wrong Answers)
It’s been said that whenever you have a question or a dilemma you need to resolve, there are two readily available sources of advice: the neighbor on your left and the neighbor on your right. Unfortunately, these two sources often differ…
Filing Early? Watch this.
In an informative video that covers just about a minute and a half, USA Today presents an overview of Social Security in terms of how early filing impacts monthly benefits. The video, titled “Your social security check might be less…
Social Security COLA Watch – A Six-Year High?
USA Today’s Karl Gelles, in a post on www.usatoday.com, offers COLA watchers some new excitement: The highest cost-of-lving adjustment since 2012 may be on the horizon. It all depends on the August and September, but there’s even the possibility that a 3%…
Social Security: Your Vote Could Make a Difference
Primary elections are taking place and, in the aftermath, it’s good time to assess the platforms of the candidates selected to represent your party in the General Elections. Take time to get a feel for their stance on issues like…
Another Scam Alert: “Medicare” Callers
The release of new Medicare cards–you know, the ones that have the Social Security number removed–has spawned a new scam. In this one, the callers identify themselves as affiliated with “Medicare” and ask for your Social Security number in order…
Thoughts on Social Security Reform
With the future of Social Security drawing more and more attention with each passing year, it’s interesting to see the variety of articles surfacing that offer projections on what’s likely to happen come 2034. Forbes Contributor Elizabeth Bauer, in a post on…
Retirement Savings Options Getting Increased Attention?
A post on www.law.com by Joseph N. Frabizzio examines what appears to be an uptick in legislative interest in retirement savings plans, citing the recently-introduced Retirement Enhancement and Savings Act of 2018 (RESA, S. 2526) as an indicator that “savings for…
Compassionate Allowances: Five Conditions Added to Fast Track
(Source: Social Security Administration) \Quickly and accurately processing disability claims is important to us. It is through this commitment to you that we use the Compassionate Allowances program to help us identify and fast-track cases where people have diseases that are most…
Looking at “Retirement” Differently
Forbes contributor Prudy Gourguechon, in a post on www.forbes.com, challenges the very definition of the word “retirement,” labeling it as “destructive” and “remarkably poor” in terms of its applicability to today’s thinking. Espousing the replacement phrase “starting older,” she notes that…