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Social Security: Some States Tax it, Most Don’t
Thirty-seven states and the District of Columbia do not tax Social Security benefits, and some states also do not tax private pensions. The Motley Fool editors have developed a list of both of these groups for those who are contemplating…
Opposition Mounting for Rubio/Wagner Family Leave Initiatives
Paid family leave is becoming a pretty hot topic in Washington, with opposition being expressed in response to Florida Senator Marco Rubio’s “Economic Security for New Parents Act” (see our post yesterday on this subject) and a similar bill being…
It’s Your Social Security…Make Sure Your Getting the Most!
In a post on sgadvisor.net, InvestmentNews contributing editor Mary Beth Franklin offers an extensive overview of the basics of ensuring a correct and appropriate level of Social Security benefits. Ms. Franklin covers the importance of being constantly vigilant on the…
The Importance of a Post-Retirement Strategy
If you’ve retired from the workforce but haven’t filed for Social Security benefits, most financial advisors would advise you to hold off as long as you can (by the way, take a look at our recent post on this issue…
Sailing Past the Mythical “Retirement Age”
As life expectancy continue to advance, and as more and more older folks are realizing the inadequacy of their retirement nest egg, it’s no longer uncommon for seniors to roll right past what was once the traditional retirement age and…
Retirement Savings: How do you stack up?
Amid all the media accounts about a widespread lack of savings for retirement, you may be wondering how your situation compares to others in your age bracket. NerdWallet’s Arielle O’Shea, in a post on www.nerdwallet.com, can nswer that question for…
Understanding “Administrative Offset”
The term “administrative offset” is a kind of catch-all phrase referring to a process where funds due–including Social Security Disability payments–to a recipient can be redirected to cover an outstanding debt. The process, for example, can apply to student loans,…
Senate hosts 3rd hearing on healthcare costs: 5 takeaways
A Senate panel tackled administrative spending in healthcare during a hearing July 31, the third in a series of hearings focused on reducing healthcare costs. Continue reading article here… Notice : The link provided above connects readers to the…
Navigating Financial Obstacles in Retirement
It can be a mine field, this process of building and managing a solid retirement financial picture. In fact, this mine filed is strewn with obstacles that can derail one’s financial plans quickly. Fox Business reporter Leia Klingel, in a…
Entering Your 60s? It’s not too late to shore up your Social Security picture
With nearly a third of all seniors finding themselves totally reliant on Social Security for their independence, and with fully 62% of seniors depending on the program for at least half of their retirement income, it’s critical for so many…