Latest News
Is there a link between the “Wage Gap” and the “Retirement Gap?”
Anna-Louise Jackson, a staff writer at NerdWallet, examines statistics showing a marked difference between the retirement assets of women and men. In an article posted on newsok.com, she offers suggestions for dealing with this matter. Read the article here… …
Your Two-Year Old Taxes Determine Your Medicare Premiums
In October each year the federal government announces the cost for Medicare premiums; based on your income tax return from two years ago, for the coming year. Read article here… Notice : The link provided above connects readers to the…
Three Areas Where Future Retirees Need Direction
Working in retirement, picking a retirement target date, and managing home equity emerge as the three areas where investors raise concerns when thinking ahead to retirement. A survey conducted by Marketwatch seeking to better to understand where investors stand in…
A Look at Disability Claims in Rural America
In a post today at socsecnews.blogspot.com, Charles T. Hall provides insights into what a recent Washington Post article claims is the cause for a “higher incidence of Social Security disability claims in rural areas.’ His comments counter the Post’s suggestion…
Stay-At-Home Workers Count! Claim Your Benefits
For those who elected to stay at home and maintain a household instead of joining the external workforce and earning Social Security credits, remember that you are indeed eligible for benefits based on a spouse’s earnings. Mike Piershale, ChFC, president…
Medicare is great for seniors, but it doesn’t stem the growth in out-of-pocket spending.
Forbes contributor Howard Gleckman takes a look at the the estimate that the “typical senior will spend one out of every seven dollars of retirement income on medical care, a 40 percent increase from 2012.” With the increase in out-of-pocket…
13 Million Americans on SSDI and/or SSI
The most recent statistics reported by Social Security Administration indicate that 13 million Americans are drawing Social Security Disability Insurance or Supplemental Security Income benefits, with nearly $200 billion allocated in the 2017 federal budget to cover the expense. The…
Social Security Benefits - Are You Leaving Money on the Table?
Missteps or short-term strategies can cause you to miss out on getting the highest level of benefits available to you as a Social Security participant. It could be the implications of filing too early, it could be failing to properly…
FICA Tax Explained - A Backgrounder
We’ve heard about this thing called FICA tax all of our working lives, especially every payday. In case you’re not fully up-to-date on its scope and the rates it entails, Matthew Frankel’s article posted today at www.fool.com is a worthwhile…
Stretching Income During Retirement
Managing your money before retirement is critical to having a comfortable life in those later years, but it’s also important to choose strategies that will enable you to stay comfortable as the years progress. In an article posted today on…