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Medicare Advantage: Is it Right Plan for You?
Medicare Advantage or Medicare Part C plans have their advantages, such as eye care and gym membership coverage; however, is it the right plan for you? What if Medicare Supplement plan is better for you, where do you go to…
Social Security’s Fiscal Year 2016 Agency Financial Report
(Source: SSA.gov) SSA’s Fiscal Year (FY) 2016 Agency Financial Report (AFR) is now available online. Our FY 2016 AFR provides information enabling Congress, the President, and the public to assess our stewardship of the financial resources entrusted to us, our…
Taking a Realistic look at “Retirement Anxiety”
Drawing on statistics and conclusions presented in a recent Merrill Lynch/Age Wave article titled “Leisure in Retirement: Beyond the Bucket List,” the Motley Fool’s Brian Stoffel offers hope that the “retirement crisis” so frequently trumpeted in the popular media may not be viewed…
Life-Expectancy and Your Planning Horizon
With the 85-and-older population continuing to expand, it’s clear that the traditional “plan for a 20-year retirement” approach is something that will lead many to ultimately experience a cash shortfall. In fact, the Society of Actuaries observes that one out…
Dealing with Fraud–2017 Tax Laws Increase Scrutiny on Certain Provisions
Erin Brookshier, Virginia Today Reporter, discusses changes in the tax laws taking affect in 2017 that will provide additional time for the IRS to analyze returns before granting refunds, with an intent to reduce fraud in areas like earned income credit, additional…
The 30 year retirement.
You’ve done all of the right things and built a nest egg to take into retirement with you. But will it be enough? People are living a lot longer nowadays and retirement can often mean decades of leisure after a…
Three tips to a happy retirement.
Sure, retirement planning can be tedious, sometimes confusing, and often replete with detailed recommendations on how to live your retirement in comfort. This Fox Business News article offers tips from several Motley Fool advisors on three easy to understand tricks to guide…
Social Security dates & figures you should know.
Every year, the Social Security Board of Trustees analyzes the status of the Social Security program and publishes its Actuarial Report to project the future of the program. Though this report teems with various statistics and projections, there are four…
New SSA/VA record sharing initiative part of a larger eHealth project
Fittingly on Veterans Day, it was announced that the VA and the Social Security Administration have collaborated to speed up processing of veterans’ SSDI applications. This is done by now transferring veterans’ health records to the SSA electronically, rather…
The future of retirement planning?
To be sure, retirement planning can be tedious, especially when you’re faced with the myriad of possibilities and assumptions that go into any such plan. Some thought leaders think that using today’s technology to make retirement planning more like a…