Latest News
“Unretiring” Is Becoming a Growing Trend for Seniors
Whether it’s a lack of finances or a remedy for boredom, statistics show that more and more retirees are electing to return to the workforce. In 2022, for example, Indeed Hiring Lab reported that millions of retirees had returned to…
An Amusing Review of Social Security Teminology Issues
As a 32-year veteran of Social Security work, and as the writer of many public documents on behalf of Social Security’s policy matters, Tom Margenau is someone we frequently repost on this website. His insights are not only accurate, but…
An Insolvency Reminder–The Clock Continues to Wind Down
Anyone following Social Security-related news this year and for the past several years is well aware of the program’s steadily declining financial situation. More and more folks are waking up to the possibility of legislative inattention to the problem and…
Medicare costs are going up next year
Like most things, Medicare costs are going up next year. Medicare Part A and Part B deductibles will increase, along with Part B premiums. In 2025, Medicare placed a cap on out-of-pocket prescription drug costs. What other changes are taking…
Social Security in 2025
The only thing constant is change, and that holds for Social Security. In Social Security’s almost 90-year history (August 14, 1935), many things have changed, and next year will be no different. Starting in January, there will be five changes…
Appointments Growing (and Lines Shrinking) for Social Security Cards and Other Services
In recent years, some Social Security offices saw lines getting longer, in some cases lasting hours. In 2024, we started to tackle this, renewing our commitment to better customer experiences. Continue reading here… Notice: The link provided above connects readers to the…
Does the 4% rule still hold true?
Developed by financial planner William Bengen in 1994, the 4 percent rule is a widely accepted guideline for determining how much a retiree can withdraw from their retirement savings each year without running out of money. But does this still…
The top regret of retirees
What is the one thing that the majority of retirees regret? When asked in a recent survey, the number one regret of retirees was they did not prioritize saving for retirement during their younger working life instead of waiting to…
The latest on the Social Security Fairness Act
U.S. Senate Majority Leader Chuck Schumer told union members he is “doing everything” to pass legislation to pass the Social Security Fairness Act, which would eliminate the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). However, Congress is…
Retirement facts for 2024
American workers face many challenges in saving for retirement, but we as a nation are saving despite the news articles pointing to the lack of retirement preparedness. However, there is room for optimism. John Manganaro presents the 12 merry retirement…