Latest News
Goodbye myRA. It didn’t work out as planned.
A post by Stephen Miller, the Society for Human Resources Management’s Online Manager/Editor, Compensation & Benefits, explains the decision by the U.S. Department of the Treasury to terminate the myRA program initially rolled out by the Obama administration in 2014. Citing a dearth…
Looking at Retirement–Before and After
In a video posted on wtvr.com, Phil Umansky, Ph.D. from the Virginia Society of CPAs provides some tips on planning for retirement, as well as some thoughts on managing after you pull the plug. Watch the video here… Notice: The link…
HSAs and Medicare…It’s Important to Understand the Details
Author and journalist Toni King examines the intricacies of Medicare for those have Health Savings Accounts in place. In responding to a reader question, King uses excerpts form the 2017 Medicare & You handbook to explain the rules currently in place…
Saving For Retirement–It’s Complicated These Days!
What once, many years ago, was a fairly simple process has become a multi-dimension task. We’re talking about saving for retirement, where just socking money away in a savings account was the go-to way to do it. These days, the…
Millennial Retirement Savings Rates on the Rebound
A recent Bank of America study concludes that the millennial generation–those with birth dates from the early 80s to the late 90s–have gotten more serious about saving for retirement. The study reveals that better than 8 of 10 surveyed report…
A Different Look the “Retirement Crisis” and Today’s Retirees
Citing flaws in media reports of an impending cash flow crisis for retirees, Forbes contributor and American Enterprise Institute resident scholar Andrew Biggs suggests that income measurements based on Census Bureau’s Current Population Survey (CPS) data may not tell an accurate story about…
Planning on Living Abroad? Keep Social Security in Mind.
If you’re planning on retiring to a further land, and if you’re eligible to receive Social Security benefits based on your work history under the program, know that there are certain rules and regulations you’ll need to follow. The Motley Fool’s Maurie…
Understanding Women’s Social Security Benefits
Statistically, women typically fare worse than men when it comes to Social Security benefits. There are explanations for that, and there are steps you can take to deal with it. Elder law and estates attorney Janet M. Colliton takes a look at this…
NEW REPORT: Federal Agencies Continue Unnecessary Use of SSNs, More Work Needed to Protect Americans’ Identities
July 27, 2017 – WASHINGTON, D.C. – Today, the Government Accountability Office (GAO) released a new report requested by House Ways and Means Social Security Subcommittee Chairman Sam Johnson (R-TX) and former Oversight and Government Reform Chairman Jason Chaffetz (R-UT) on government-wide efforts to…
The “Savings Dilemma” in the News Again
The Motley Fool’s Maurie Backman, in a post on www.nwitimes.com, takes up the recurring theme of insufficient wealth accumulation and its potential impact on future retirees. Her article cites the looming problems faced by those with a lack of savings, citing Economic Policy…