Latest News
New Budget Director and Plans for Social Security & Medicare
There’s no clear cut indication of where the chips will fall with respect to upcoming budget discussions, but one thing is clear: Mick Mulvaney will play a key role in whatever happens. Eric Pianin of the Fiscal Times takes a…
Receiving Housing Benefits? A Trip to Social Security May Not Be Necessary
(Source: Social Security Administration) Social Security is constantly evolving to make your life easier. If you are currently receiving benefits from the U.S. Department of Housing and Urban Development (HUD), and are reapplying for benefits, or are assisting someone with…
A Reminder on Social Security Taxation
MoneyTips.com, in a post today on www.huffingtonpost.com, providers a reminder on the rules of taxation applied to Social Security or Social Security Disability Insurance (SSDI) income. From a planning standpoint, it’s good to be aware of these rules as one sets their…
Some Thoughts on the Social Security Earnings Penalty
It’s a topic that sometimes catches early claimants off-guard, and in any event it’s a little confusing at times because of its structure, but the Earnings Penalty faced by Social Security beneficiaries remaining in the workforce before attaining full retirement…
More on the Gun-Ban Reversal
The reversal this week of the Social Security Administration (SSA) regulation that would have denied Second and Fourth Amendment rights to tens of thousands of citizens who do not pose a danger to themselves or others has provoked a storm of media controversy. As…
Retirement Surprises – Keep Health Care Cost in Mind!
Information published by the Employee Benefit Research Institute suggests that married couples retiring at age 65 will need more than a quarter of a million dollars to obtain a “90% certainty that they can cover healthcare expenses in retirement (Medicare Part B…
Explaining the Relationship Between DRCs and Spousal Benefits
In response to a question, Retirement Weekly editor and regular USA Today contributor Robert Powell provides an analysis of the impact that Delayed Retirement Credits can have on spousal benefits. Essentially, the bottom line holds that DRCs do not increase the value…
Congressional Review Act Results in Reversal of Gun Ban for Some Social Security Recioients
The December, 2016 Obama Administration ruling that enabled the government to declare “some Social Security recipients unfit to own guns after they’ve been deemed mentally incapable of managing their financial affairs” has been struck down in a 57-43 Senate vote.…
CBO Explores Tax Change for Social Security Benefits
Large federal budget deficits are looming, no secret about that. And in exploring ways to deal with the problem, the Congressional Budget Office is taking a look at various ways to bolster revenue, and one has to do with changing…
“Hold Harmless” Explained
Yes, it’s confusing, and it takes some in depth explaining of the relationships between Social Security and Medicare. Journalist Philip Moeller, in response to several related questions, provides a measure of understanding. Read his article here…