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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…
Three Things Every Family Should Do When Expecting a New Baby
Your nine-digit Social Security number is your first and continuous link with Social Security. That’s why when you have a baby, one of the first things on your “to do” list, besides picking a name, should be to get your…
Social Security Administration Can Help You With the Basics
Essie Landry, public affairs specialist for the Social Security Administration in the Sierra West Area, provides an itemization of a variety of ways the agency can help you with basic aspects of Social Security. Check out her post on santamariatimes.com here……
The “New Retirement”–It Just May Involve Working
So much has been written about the savings habits of Americans and the statistics that say many folks enter their retirement years with insufficient accumulated wealth to assure them a comfortable retirement. These reports indicate that one of the clear…
Beware of the New Scam–The promise of an Immediate COLA
Over the past several weeks, a new con game has developed to prey on unsuspecting seniors. Simply put, a caller claiming to represent the Social Security Administration uses the promise of a 1.7% cost-of-living-adjustment (COLA) to elicit personal information which…