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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…
Do you understand Medicare? Test your knowledge
Medicare is America’s most prevalent healthcare plan for seniors who’ve reached 65 years of age, but it’s also a fairly complex program which confuses many who do or will need to rely on it for their medical needs. Given its…
Three steps to bolster your retirement nest egg
It’s pretty widely known that Americans seem to have a problem saving enough money to secure a comfortable retirement. And many future retirees don’t even start thinking about saving for retirement until they’re well into their career, only to find…
“Gen-X” behind the 8 ball with their savings
“Gen-X’ers”, that loosely defined generation of people born between the mid-60’s and mid-80’s, seem to be heading for a painful future retirement because most of them have little or nothing saved for their so-called golden years. And, sadly, most of the…
New SSA changes could affect SSDI claimants’ representatives
Social Security Disability Insurance (SSDI) is notoriously backlogged with claims, about two-thirds of which are initially denied. A denial often ends up in Social Security’s disability appeal process which can ultimately go before an Administrative Law Judge (ALJ) for resolution. A whole…
Older workers staying on the job is more effective strategy than increasing savings
According to new research by the National Bureau of Economic Research (NBER), working a little longer and postponing the start of Social Security benefits can raise annual retirement income by as much as a modestly higher saving rate over several…
Sorting through the misconceptions surrounding annuities
With so many different types of annuities to choose from, it’s essential to understand what’s involved with this type of investment option. The attached article sorts through the most common misnomers about annuities and identified the realities behind them. Read…