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How Social Security Benefits Millions of People
Not only retirees, but people in many other walks of life benefit from our country’s Social Security program. As explained by Social Security Administration District Manager Brian L. Hewitt in a post on www.tribstar.com, this includes Wounded Warriors, the disabled, and people who…
The Impact of Filing at Full Retirement Age
The Motley Fool’s Sean Williams analyzes the long-term impact of filing for Social Security at various ages, from 62 to 70, in an article posted on www.fool.com. His article contrasts the benefits available to those who wait to file with those who…
The Effect of Working While Receiving SSI Benefits
In a Q&A post on www.ohio.com, Social Security official Robert Fenn provides an explanation of how Supplemental Security Income (SSI) benefits are affected when a recipient goes back to work. His post also provides an explanation of substantial gainful activity (SGA). Check it out…
Some Social Security Provisions You May Not Know About
In addition to the simple issue of periodically examining the records that Social Security is keeping about your work history, there are a few basic rules you should be aware of that can help you avoid surprises when you reach…
Statistics Point to Potential Housing Problems for Aging Demographic
With debt levels and housing costs rising, and with a large percentage of seniors relying on Social Security as their sole source of financial sustenance, the proportion of older folks dealing with potential homelessness also appears to be rising rapidly. Business…
Assessing Your 401(k) Plan’s Capabilities
It’s pretty well known that most people will require retirement income in excess of Social Security. One of the key ways to fill this need is through a 401(k) plan, and this post by Maurie Backman on host.madison.com provides some guidance…
Strategies for Dealing With Savings Shortfalls
Dealing with the gap between what you have and what you’ll need, financially, for retirement can cause momentary panic, depencing on how soon you plan to retire. If you find yourself in that panic phase, there are some strategic steps…
Future Health Care Cost Trends Will Likely Follow Savings Trends
Healthcare Dive’s Meg Bryant examines the likely relationship between inadequate levels of retirement saving and chronic health problems that drive up medical spending in an article posted on www.healthcaredive.com. Her article recaps statistics from a number of sources in support of…
Attention Millennials: Some Tips on Retirement Saving
Those comprising the millennial generation–the population cohort with birth years from the early 1980s to the mid-1990s to early 2000s–typically don’t spend a lot of time thinking about their retirement years. After all, that’s a lifetime away, isn’t it? Well, yes and no,…
Dispelling Some Basic Social Security Myths
The Motley Fool’s Maurie Backman takes aim at three of the most basic Social Security myths that seem to persist these days, ranging from the long-term solvency issue to the adequacy of benefits as a sole income source, and including the…