Latest News
Are You One of the 3.5 Percent Affected by WEP and the GPO?
In USA Today’s Money Q&A column, Robert Powell answers the question on how WEP (Windfall Elimination Provision) or GPO (Government Pension Offset) will affect one’s Social Security benefits. Read his answer here… Notice: The link provided in the text above connects…
Social Security Death Master File
If you are one of the 7,400 annually that find your name erroneously listed on the Death Master File, Social Security Administration’s recommendations in removing your name are outlined in Liz Weston’s article. Read article here… Notice: The link provided…
Six Steps Women Should Take to Improve their Retirement Security
According to a recent study from Aon Hewitt, women will need 11.5 times their final pay to meet their needs in retirement compared to 10.6 for men. In Robert Powell’s column, he explores the six steps women can take to…
You May Be Eligible for Extra Help from Social Security
It is open enrollment period with Medicare; this may be a good time to see if you are eligible to receive extra help from Social Security. Read article here……. Notice: The link provided in the text above connects readers to the full…
Should You Return to Work?
Boston University economist Larry Kotlikoff answers a question that he often hears: Should I return to work in order to increase the size of my Social Security retirement benefits? Continue reading article here…… Notice: The link provided in the text…
A Roadmap for the Surviving Spouse
As a surviving spouse, you have much to think about in the weeks and months ahead of the passing of a loved one. It can seem like a daunting task, but with some guidance the path can be made a…
‘Stingy’ Increase in Social Security Benefits Puts New Focus on the Need For a Better System, Says AMAC Chief Dan Weber
I was incensed when I learned of the 2017 .3% COLA WASHINGTON, DC, Oct 28 – “The Social Security Administration added insult to injury when it announced last week that those receiving benefits can look forward to a miserly three…
Low-wage workers and retirement–a sad story.
Associated Press reporter Maria Ines Zamudio examines the plight of low-wage workers in America, using the findings of a 2016 study by The Associated Press-NORC Center for Public Affairs Research as a backdrop. The absence of sufficient income, and the resulting inability…
Retirement Finances–The Importance of Understanding the Details
The Organization for Economic Cooperation and Development recently surveyed adults in 30 countries to determine how up-to-date they were on financial matters affecting their future security, finding that “just 56 percent of adults can answer five of seven basic questions about…
Social Security: Who Needs it?
Financial journalist Scott Burns, in a post today on www.mystatesman.com, responds to a reader question on why Social Security is relevant to all but the top two or three percent of wage earners. Read his comments here… Notice: The link…