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3 Important things to know before applying for Social Security benefits
If you’re approaching the age at which you are thinking about applying for Social Security, there are some things you should take time to investigate before you decide. This Motley Fool article by Brian Stoffel highlights 3 things you should consider…
Are State-Run Retirement Plans the Answer?
In an article posted on www.newsweek.com, the Center for Popular Democracy’s Michele Kilpatrick takes a look at the emerging trend of state-offered retirement plans for individuals without adequate financial resources for their later years. Is it an answer to the oft-reported…
The Gap in Medigap
(By Tricia Neuman and Juliette Cubanski for Kaiser Family Foundation) Medicare provides coverage for a wide array of medical and drug benefits, but, with its deductibles, cost-sharing requirements, and lack of an annual out-of-pocket spending limit, many people on Medicare…
Social Security Reform: The Cost of Waiting
Associated Press reporter Stephen Ohlemacher takes an in-depth look at the implications of Social Security’s long-term funding problems in an article posted on www.usnews.com. His article is part of AP’s “Why it Matters” series, and it admonishes the presidential candidates’ for…
New Survey Highlights Social Security Concerns Among Workers
Survey results from Transamerica Center for Retirement Studies® (TCRS) study conducted earlier this year shed some light on the concerns that a cross-section of American workers have about Social Security. Foremost in the results is the concluding statement by TCRS that…
Attention: Singles…Some Things to Think About for Retirement
A substantial amount of media attention on the subject of Social Security is typically focused on married couples, and specifically on topics like coordinating spousal benefits, surviving spouse benefits, and the like. But what about the single (never married, divorced,…
The Info Social Security Employees Don’t Tell You
A recent report showed that employees of the Social Security Administration often do not provide all of the information required to obtain maximum benefits. The goal of these employees is to expedite sign-ups, with the result that much of the strategic information is often…
Choosing When to Take Social Security
Deciding when to start benefits is one of the biggest decisions in retirement. This decision will affect the entirety of your retirement and will dictate how much you receive each month from Social Security. Taking benefits earlier results in a…
How big would your Social Security check be if you wait until you’re 70 to collect?
Although most recipients of Social Security start their benefits earlier, there is a big financial gain waiting for those who wait until well after they reach their full retirement age. A person’s full retirement age for Social Security purposes depends on the…
Reality-checking your retirement assumptions
A KRC Research study published by TIAA–based on The TIAA Lifetime Income Security questionnaire–indicates that some of the assumptions future retirees have made may need a reality check. Read Sean Williams’ comments on this subject posted on host.madison.com here… Notice: The…