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Social Security by the Numbers
In Maurie Backman’s column appearing on The Motley Fool website (www.fool.com), she lists ten jaw-dropping statistics about Social Security that you probably weren’t aware of. Read article here… Notice: The link provided in the text above connects readers to the full content…
Protecting Your Social Security Number
Two bills (H.R.1513 and H.R. 1512) were introduced last week in an attempt to prevent identity theft by enhancing protections for social security numbers. Read article here… Notice: The link provided in the text above connects readers to the full content of…
Cash-Back Rewards Program for Retirement
Eugeny Prudchyenko, CEO at EvoShare, writing for Forbes, makes this assertion: “Cash-back rewards programs have traditionally been powerful tools to keep consumers loyal to a particular merchant.asks: But what if a cash-back solution could streamline the cash-back rewards to the retirement…
Married Couples in Business
(Source – www.irs.gov) Announcement One of the advantages of operating your own business is hiring family members. However, the employment tax requirements for family employees may vary from those that apply to other employees. Below, we point out some issues…
What the “Average” Joe/Jane Receives in Social Security Benefits
Ever wonder what the “average” American is receiving in Social Security benefits at age 62, 66 and 70? Read article here… Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this…
Snowbirds and Estate Planning
In Kimberly Lankford, Contributing Editor for Kiplinger’s Personal Finance website (www.kiplinger.com) she answers a reader’s question from a snowbird on whether or not her current will, and other estate-planning documents, applies in both states. Read her answer here… Notice: The link…
CPI-E Act of 2017
Earlier this month, John Garamendi (D-CA) introduced the CPI-E Act of 2017 (Consumer Price Index for the Elderly) into Congress. This bill would replace the CPI-W in calculating Social Security’s COLA. Read article here… Notice: The link provided in the text…
Social Security is key to retirement, and the FICA you pay is what funds the program
Social Security is clearly the cornerstone of retirement planning for nearly all American seniors. This article by Madeline Patrick appears on the Normangee Star website and summarizes how your benefits are calculated, and also discusses the program’s importance to American seniors and…
Medicare: The more you know, the more you benefit
For America’s senior citizens, Medicare is probably the most critical part of their healthcare plan for the rest of their lives. From how much it costs (Part A – hospital coverage – is the only part that may be free), to…
Clueless about Social Security? Here’s some key information you should know
Considering that Social Security is a significant source of income for nearly all retirees, and that most people have contributed to the program for decades, it’s surprising that so many people approaching the age they can apply know so little about…