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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…
So, you want to be a millionaire at retirement? Here’s a pathway to getting there.
The statistics…and the news reports covering those statistics…seem to be relentlessly stressing how financially unprepared future retirees are. And to further compound the confusion, just about every few days we see a new projection of how much you’ll need to…
Understanding Social Security’s “Representative Payee” Provision
Elder abuse and fraud perpetrated on seniors is a major concern to Social Security, so much so that the agency maintains a provision to help protect those beneficiaries unable to safely and securely manage their own finances. It’s call the…
For Those Planning to File Early and Continue Working…
You’ve seen the statistics on the absence of adequate savings among those aging into their retirement years, and you may be in that category and planning to continue working as a way around the problem. If so, you need to…
Some Pointers on Seeking Financial Advice for Retirement
Unbiased financial advice for those planning for their retirement years is difficult to come by, according to an article by Forbes contributor Peter Fisher posted on www.forbes.com. Fisher comments on the impact of conflicts of interest on the part of financial advisors…
The Hidden Impact of Drawing from Retirement Funds Early
Just about everybody knows that the pathway to a secure and comfortable retirement is the accumulation of a nest egg. And one of the surest ways to build this nest egg is to stick to a steady plan of contributing…
Making Sure You Get Your Due
As in most areas of life, the bottom line is that we are all responsible for ourselves. That’s also true when it comes to Social Security, and The Motley Fool’s Maurie Backman helps drive this point home with a list of…