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Filing for Social Security at 62 can be a mistake
A very sizable percentage of Social Security recipients file for their benefits as soon as they are eligible at age 62. And while that is sometimes exactly the right thing to do, it is also often a mistake. As revealed…
Social Security’s future, for younger workers
If you’re savvy at all on the goings on in Washington, you know that Social Security’s future is a hot topic of discussion theses days. That’s because the program’s annual Trustee’s Report forecasts that it’s Trust Fund, now flush with about…
When should retirement saving start?
Well, of course, the answer is as soon as possible, but as logical and obvious as that seems saving anything at all when just starting a career is much easier said than done. Surprisingly, most Americans think that age 22 is…
Here’s how to build your retirement nest egg
Known in business circles as “Pearson’s Law”, things that you measure improve and things that you measure and track improve exponentially. And in this Forbes article by Nancy L. Anderson, the author offers guidance to use this principle when it comes to…
On the buying power of your Social Security benefit
You probably don’t need to be told this, but the buying power of your Social Security benefit has gone down, because the cost of things you buy has gone up more than your cumulative Social Security cost of living adjustments…
When will Social Security’s finances be fixed? Here’s an opinion
It has been pretty well publicized that Social Security has financial woes which will, this year, cause it to start paying out more in benefits than it receives in revenue. That means that the Trust Fund, now flush with $2.9…
Getting Social Security benefits from an ex-spouse
Often not known by those who are divorced, it is possible to get spousal benefits from your ex, provided you meet the qualifications, and the qualification criteria can even be easier than if a couple were still married. In this…
Congressional subcommittee hearing on SSDI changes
At a hearing held by the House’s Subcommittee on Social Security, committee Representatives heard testimony from various interested and affected parties about the impact of pending changes to Social Security’s disability appeals process. For nearly 20 years, ten states have benefited from…
Opinion: Social Security is being squandered
In this thoughtful Newsmax article by Dr. Ada Fisher, the author laments that the Social Security program has, over the years, strayed from its original intent as a backup retirement plan for aging workers, to become largesse for those who did…
Here’s a government agency in big trouble!
No, it’s not Social Security, although Social Security certainly does have financial woes which need to be addressed by Congress soon. In this Daily Signal article by Rachel Greszler, the author reveals that the Pension Benefit Guarantee Corporation (PBGC) is, in…