Latest News
Avoiding identity theft is your responsibility
Despite all of the headlines about the Equifax security breach and the resulting calls for improvements in the credit reporting systems, the fact is that we’re in an electronic age that makes every computer system and every individual vulnerable to having…
Social Security COLA could be affected by recent hurricanes
While the devastation caused by hurricanes Harvey and Irma is stunning, if there’s a silver lining in those clouds it may be that inflated gasoline prices could cause an up-tick in the Consumer Price Index (CPI). Gas prices, one of the…
The Social Security disability backlog dilemma
Recent news revealed that the backlog for Social Security disability claims has reached over a million applications, meaning that a lot of disabled workers are waiting an extraordinarily long time to find out if they can get assistance. Clearly, cases…
25 years in prison for Social Security fraudster
Proving once again that “crime does not pay”, a judge in Kentucky handed down a sentence of 25 years in prison to one of three men convicted in the biggest Social Security fraud case in U.S. history. The scheme defrauded Social Security of…
The “retirement savings gap”
Much has been written lately about the “retirement savings gap” – the lack of retirement savings by Americans – and what we, as employers and employees, should do to ease the problem. After all, it’s our retirement so, thus, it’s…
Reverse mortgage not a good choice for income to delay Social Security
Most people today realize that the best way to get a larger Social Security benefit is to delay applying, at least until your full retirement age or even until you are age 70. But to do that, you may need an additional…
Besides the money, working past normal retirement age is good for you
The fact is, we’re living longer. Advances in healthcare technology have moved average life expectancy today well into the 80’s, meaning that more and more seniors find that they’re not ready to hang up their work boots when the traditional retirement…
Smart retirement choices for women
It’s a fairly well known fact that women face a different retirement landscape than men, due in large part to the gender pay gap and fewer years in the workforce due to raising children. But there are other factors involved…
It’s time to re-think our credit reporting system
American consumers have no choice, but their personal data are amassed in the electronic files of the three major credit reporting firms – Equifax, Trans Union, and Experian. And as the recent massive data breach at Equifax revealed, those data are…
Partial lump sum Social Security bill not a good proposal
House Bill H.R. 3112, the Providing Choice for Social Security Retirees Act introduced in June 2017, wouldn’t materially affect Social Security’s solvency issues and would, in fact, have a negative effect on the program in the earlier years. This is…