Latest News
Is Someone You Know Wondering “Who” FICA Is?
(Source – Social Security Matters) Social Security’s Acting Commissioner, Carolyn W. Colvin, likes to tell this amusing story. A colleague’s teenage daughter came home bursting with excitement after receiving her first paycheck. But she had one question about her earnings…
Medicare Facts for Boomers
Medicare and Social Security go hand in hand. Both systems exist to ease the financial burdens of those entering retirement yet both can also be a headache to those attempting to understand them. As with Social Security, there are many…
What if you don’t retire?
As has been reported frequently in the past months and years, people are tending to stay in the workforce longer and longer, leading some employers to consider “phased retirement” approaches for older workers. Personal Finance Writer Tom Anderson, in a…
The Retirement Savings Conundrum – Analyzing a Real-life Case
Like more than a quarter of the respondents to a Northwestern Mutual survey, a couple in their 50s from Everett, Washington had concerns about the their retirement saving strategies and sought help. This article by George Erb posted at www.seattletimes.com takes a look…
More thoughts on fixing Social Security
Columnist Scott Burns, in a post on www.mystatesman.com, provides an explanation of the manner in which Treasury bond interest affects Social Security, and discusses the impact of eliminating the cap on taxable earnings. His remarks also address the process of using…
Looking To Taxes as a Social Security Longevity Solution
In an article posted on host.madison.com by Motley Fool’s Sean Williams, the issue of taxation strategies as a potential solution to a portion of the long-term viability problem facing Social Security. His article discusses the numerical side of the argument, while…
Boosting your Social Security Benefits – No-brainers but good reminders
Just about weekly–and often multiple times n a week–articles are posted advising future Social Security beneficiaries that it pays to delay filing as long as you can. Forbes Contributor John Wasik weighs in on this subject with his own thoughts…
Social Security’s Advice on Scams
As America’s Seniors are well aware, constant vigilance is critical in today’s world of seemingly never-ending streams of misleading advertisements. And many of these specifically target the population segment in, or aging into, Social Security beneficiary status. The Social Security Administration…
No Expiration on Survivors Benefits
As long as you qualify for Survivors Benefits there is no deadline on when you must claim it. Although, there are reasons why you should claim it or when to claim it just the same as your own Social Security.…
The Rules on Social Security Claiming Strategies in Second Marriages
In response to a reader question, Boston University Economist and Forbes Contributor Larry Kotlikoff takes a look at the complicated rules associated with spousal benefits in divorce situations. Continue reading here… Notice: The link provided above connects readers to the full…