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Recap of Ways and Means Committee Meeting on Social Security
Ways and Means Social Security Subcommittee, chaired by Rep. Sam Johnson (R-TX), held a hearing on the financial health of the federal government’s biggest program: Social Security. Continue reading to learn about the results… Notice: The link provided above connects readers…
Questions on Social Security that need attention from the Candidates
In an article posted on time.com/money, their staff sets forth some of the specific questions that they believe need to be addressed by the Presidential Candidates during Monday night’s debate. Check them out here… Notice: The link provided above…
Viewpoints on When to Take Social Security Benefits
It’s perhaps one of the most frequently-asked questions about Social Security, and the answer always seems to come back to the same basic answer: It Depends. In an article posted by The Motley Fool, three experts weigh-in on the subject.…
Mental Disorders Rule Update
(Source – Social Security Matters) On Monday, September 26, Social Security will publish a final rule to update the criteria we use to evaluate disability claims involving mental disorders. This rule, “Revised Medical Criteria for Evaluating Mental Disorders,” is the…
A Detailed Look at Social Security COLAs – Or the Lack Thereof
An article posted by Sean Williams on host.madison.com takes a look at how Social Security’s Cost of Living Adjustment calculation process takes place, and examines the basis for the determination of low (or no) incremental adjustments. Read the article here… Notice:…
AP-NORC Poll Cites Public Discontent with Presidential Race
Fox News reports that a poll conducted by AP-NORC reveals a substantial level of frustration and discontent among “a majority of Americans,” with Social Security cited as one of the areas where more specificity is being called for. The poll is…
Younger Generations Learning from the Older
Millennials are doing surprisingly well concerning their financials. They have heeded the warnings from their parents about retirement planning and saving. 72% of Millennials are already saving for retirement before the age of 27, and even more have a solid…
CMS releases 2017 Medicare Advantage premium rates: 4 takeaways
(By Morgan Haefner for Becker’s Hospital Review ) CMS announced premium rates for 2017, estimating the average Medicare Advantage premium will decrease $1.19. Continue reading article here… Notice: The link provided above connects readers to the full content of the…
Millennials and Family Heirlooms
We are at a stage in America right now that can be seen as a generational shift, with millennials replacing Baby Boomers as the largest generation in America. In this shift, and as they downsize, Baby Boomers are wanting to…
Saving for Retirement – Is the Tide Turning?
A recent Forbes.com article by contributor John Wasik indicates that the trend is upward for Americans and their rate of retirement savings. Citing a Bankrate.com report, he notes that “retirement savers are pumping more money into their long-term savings.” So,…