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Social Security Reform–A Radical Proposal
A far-reaching Social Security reform proposal developed by Barron’s contributors Dudley Kimball and Robert Morgan features a “private option” that would allow risk-tolerant individuals to select tax-advantaged, self-directed investments in lieu of participation in the government program. The proposal. though,…
Medicare Bars New ‘Seamless Conversion’ Efforts For Some Seniors
(By Susan Jaffe for Kaiser Health News) The federal government is temporarily blocking more health insurance companies from automatically moving customers who become eligible for Medicare into Medicare Advantage plans while officials review the controversial practice. Continue reading article here……
Saving for Retirement – Some Practical Suggestions
It’s never too late to think about your retirement nest egg. If you’ve already started, great, but there’s always more you can do. If you haven’t begun building a cash reserve for your later years, you need to give it…
More thoughts on the persistent “When to file” question.
Whether to file at age 62, 66, or 70…that is the question, and it’s one of the most frequently heard questions from those who have not yet decided. Russ Britt of Investor’s Business Daily offers more food for thought on…
Will your retirement savings last? There are myriad concerns.
Even among folks with multiple retirement income streams, there are serious concerns about running out of money in their later years. A study conducted by the AP-NORC Center for Public Affairs Research puts a spotlight on these concerns, and an article…
Savers get a boost with new IRS limits for 2017.
The internal Revenue Service announced its “2017 Limitations Adjusted As Provided in Section 415(d), etc.” and savers will be pleased to see that the opportunities for tax-advantaged savings have been enhanced, if only a little bit. The enhancements primarily involve…
Getting ready to file for Social Security? Here are the basics.
If you’re at that point where you ready to file for Social Security benefits, rest assured–it’s a fairly uncomplicated process. Jim Miller, creator of “Savvy Senior” (savvysenior.org), lays out the basics in an article posted on edmondsbeacon.villagesoup.com. Read it here… Notice:…
A primer on Social Security’s Disability Provisions
Hometown Focus contributor Valerie Peddycoart takes a look at two programs offered under the Social Security Disability umbrella and takes a look at their history in an article posted on www.hometownfocus.us. Her article also discusses the time frames associated with applications and…
An Analysis of Social Security’s Impact
The Fiscal Times’ senior editor Janna Herron provides a state-by-state review of how Social Security has had a beneficial affect on 22 million Americans in the past year. Examining the geographics and the demographics associated with Social Security beneficiaries, Ms.…
Social Security as an Election Issue
Judging from the number of seniors who place Social Security reform high in their list of priorities, its likely that this will be on their minds as they step into the voting booth between now and November 8. Reuters’ Mike…