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The Mechanics of Taxation and Retirement Income
Combining Social Security income with other types of income in retirement–pensions, IRA withdrawals, part-time employment, for example–can material impact the amount of taxation some seniors face. That’s not necessarily a secret, but it still comes as a surprise to many who…
How Policymakers Set Policy in Areas Like Social Security
Many people have wondered through the years about how those in Washington make the long-term decisions they make about policies that involve millions and millions of us. It takes a lot of research and debate, for sure, but it also…
Some Interesting Things to Know About Social Security
The Motley Fool’s Maurie Backman, a journalist consistently on top of what’s happening on the Social Security scene, provides some fascinating statistics about this massive program in an article posted today on www.fool.com. Some of this information sheds light on the male/female…
Capital Gains and Your Retirement Income Stream
The availability of a zero Capital Gains tax rate is something that many retired filers may not be aware of when planning their financial income stream. Kiplinger contributor and certified financial planner Michael Yoder provides some background on this issue in…
Study: Medicare reimbursement covers less than two-thirds of air medical transport costs
(By Morgan Haefner for Becker’s Hospital Review) Medicare reimbursement rates do not adequately cover the cost of air medical transport services, according to a report prepared for the Association of Air Medical Services. Continue reading article here… Notice: The link provided…
Five Resources to Prepare You for Retirement
(Source: Social Security Administration) Social Security wants to help you prepare for a secure, comfortable retirement. “Security” is our middle name and we want everyone to enjoy the fruits of a lifetime of labor. We mentioned before that being prepared…
The Importance–for Everyone–of an Online Social Security Account
You don’t need to be in your 60s to have a my Social Security account. In fact, workers of all ages can, and should, use this account to keep a watchful eye on the accuracy of the records that will…
More on the trend of postponing retirement
Moneywatch’s Steve Vernon takes a look at the continuing trend of staying the workforce longer and delaying Social Benefits in an article posted today on www.cbsnews.com. Using statistics compiled through studies by Fidelity Investments and the Pew Research Center, Vernon explains…
Signing up for Social Security…Where do you start?
USA Today contributor and editor of Retirement Weekly Robert Powell maps out the basic steps one needs to follow to successfully register for Social Security benefits, including the timing of these steps and the preparatory questions that typically cause applicants to stumble.…
Longevity and Your Retirement Nest Egg
Citing statistical lengthening of life expediency, The Motley Fool’s Maurie Backman examines the growing problem of retirees exhausting their financial reserves, and provides an approach readers can use to assess how vulnerable they might be to this problem. Read her…