Latest News
Most common misconceptions about retirement
Retirement is certainly weighing heavily on the minds of the approximately 10,000 baby boomers turning 65 each day. However, there are several misconceptions that can prevent them from making the right decisions when it comes to retirement. In the attached…
Beware of scammers
The Acting Inspector General of Social Security has issued a warning about an ongoing phone scam from thieves pretending to be from the Social Security Administration. The scammers try to convince you to give up personal information, like Social Security…
Simplify your taxes in retirement
Once older Americans have left the workplace, you still need to pay income taxes. But now, instead of having a set amount of federal taxes withheld from your pay, you now have to write a check for estimated amounts to…
5 Facts You Might Not Know About Social Security
Most people know at least something about Social Security. For decades, Social Security has been providing valuable information and tools to help you build financial security. Here’s your opportunity to find out a little more, with some lesser-known facts about…
New proposal would remove safe-harbor protections for drug rebates
The Office of Management and Budget was sent a proposed regulation that would make changes to federal safe harbor protections that have allowed drug rebates. Although the details of the proposal weren’t available, the title of the proposal “Removal of…
How resources are used to elicit life satisfaction in retirement
A new study found retirees tend to spend less in retirement than while they were working, but do so without an apparent decrease in life satisfaction. It’s not necessarily the amount you spend in retirement, it’s what you spend it…
Retiring as a single person isn’t easy, here are a few things you ought to know
Regardless of your marital status, retirement is a milestone you need to plan for. If you’re single, retirement can pose certain financial challenges that don’t tend to impact couples the same way. So if you are retiring as a single…
What is a Medigap supplement plan?
What is a Medigap supplement plan and what does it cover? In Philip Moeller’s “Ask Phil” column, he gives a tutorial on Medigap supplement plans. Read his tutorial here… Notice: The link provided in the text above connects readers to the full…
Solo Seniors
According to research by Dr. Maria Torroella Carney, chief of geriatric and palliative medicine at Northwell Health in Great Neck, New York, 22 percent of people 65 and over are either an elder orphan or at risk of becoming one.…
Most older workers are looking for these jobs
According to research from the Federal Reserve Bank nearly one in four workers over the age of 65 are active in the workforce. Also, according to Indeed, employment website, the most clicked-on job openings for workers 62 are an assortment…