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“American Greed” to feature the saga of “Mr. Social Security”
For those having an interest in understanding how a major Social Security fraud is created, tune in to CNBC’s long-running true-crime show, “American Greed” on Monday April 2 at 10:00 pm. The documentary will lay out the development of the largest…
More thoughts on waiting to file for Social Security
As the song goes, “Waiting is the hardest part.” Most folks approaching their age of Social Security eligibility understand, at least intuitively, that resisting the impulse to file early produces a higher benefit later. There are reasons, of course, to…
Rosie The Riveter: Working Women’s Icon
(Source: Social Security Administration) “Rosie the Riveter” is an American icon representing women working in factories during World War II. These women learned new jobs and filled in for the men who were away at war. They produced much of…
Wait for Full Retirement Age? Maybe, maybe not. It depends.
Conventional wisdom among financial advisors is to wait at least to your full retirement age to claim you Social Security benefits, or longer if you can. But there are circumstances where this might not work best, as explained in this…
Get Set for Your New Medicare Card!
Delaware, District of Columbia, Maryland, Pennsylvania, Virginia, and West Virginia Medicare beneficiaries can expect to receive their new Medicare ID cards starting in just a few days. They’re the first wave of cards to be issued, while Alaska, American Samoa,California, Guam, Hawaii, Northern…
The Upside of Working Longer
To some, the thought of working longer than originally anticipated might be depressing. To others, this option might represent a partial solution to their nagging concerns over outliving their assets in retirement. And with so much written about the lack…
The “Saving for Retirement” Issue from a Different Perspective
Much has been written about what statisticians say is a severe shortage of accumulated wealth among those heading into their retirement years. And, while the issue and its impacts are debated, it’s important to recognize that every day thousands step…
Medicare Part B Payments for Those Not Yet Drawing Social Security
Joining the ranks of those covered by Social Security before filing for Social Security benefits presents a different process for premium payments, as explained in a post on www.chron.com by consultant Toni King. Her article cautions readers o the importance of keeping…
Ensuring Retiring Security Calls for Bold, Bipartisan Action
In a post on www.forbes.com, contributor Teresa Ghilarducci discusses a “growing political will to take bold action to ensure our workers can retire and our retirees stay out of poverty. Her article lays out a multi-part pathway featuring a 5.8% bump in…
The Other Side of the Retirement Savings Issue
In a Harvard Business Review post by Teresa Ghilarducci and Tony James, the lack of savings for retirement is seen as being on “The Road to the Retirement Crisis.” In contrast to the position taken by Forbes contributor and resident scholar at the…