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Understanding the Social Security Trust Fund
With all the media coverage of Socil Security’s “trust fund dilemma” and the projections about what’s likely to happen in the future absent corrective action, it’s important that those impacted by the program have a good understanding of the Trust…
Social Security: Where the money comes from, where it goes
The source of money paid out in benefits to Social Security recipients is primarily the 6.2% payroll tax paid by both workers and employers. That’s about 86% of the total, but what about the rest of it? Sean Williams of…
Changing Attitudes About Retirement
As on the eve of this year’s annual Labor Day festivities, it’s interesting to learn that there seems to be a major shift in viewpoints about retirement. An article by Tim Krohn of Mankota Free Press takes a look at…
Discover a Whole World of Retirement Possibilities
(Source – Social Security Matters) Christopher Columbus might be one of the most famous explorers in America. He’s credited with discovering the New World, though Native Americans were here long before the Italian sailor. Centuries later, there are new horizons…
Medicare Premium Increases Again in Focus
Once again, the potential of a substantial rise in Medicare premiums is looming for a large portion of current beneficiaries. The issue is discussed in a post by Motley Fool’s Sean Williams…Read the article here… Notice: The link provided…
Taking a look at Social Security Calculators…
The best way to start planning for your future is by creating a “My Social Security” account online. With My Social Security, you can verify your earnings, get your Social Security Statement, and much more – all from the comfort…
Potential Retirement Surprises
There’s no substitute for sound planning to secure your retirement. Still, there are unplanned hurdles that often crop up that most of us need to think about. An article by Forbes contributor Joel Johnson can help you prepare for these…
Ride-Sharing Businesses Targeting Seniors
Uber and Lyft are relatively new businesses that Millennials have been using since their inception. They serve the same role as a cab, but can be summoned and paid for through an app on a smartphone. They are commonly used…
Disability Benefits: Protection against the Unexpected
(Source: Social Security Matters) Disability is unpredictable and can happen to any person, at any age. Millions of Americans live with disabilities that are the result of a sudden traumatic event or onset of a serious medical condition. Social Security…
Who Does Social Security Help?
Social Security effects tens of millions of Americans, there are almost 60 million current beneficiaries. The average annual pay out to these beneficiaries is $14,776 and covers retirees, disabled persons, and children. Sometimes it can be easy to forget how…