retirement
Who Will Solve Social Security’s Financial Crisis?
Congress has been kicking this can down the road for a long time. For several decades, the Trustees of Social Security have warned, in their annual report to Congress, that Social Security is facing a financial crisis. For many years,…
Claiming too Early Could Hurt Your Spouse Later
Deciding when to claim Social Security is always a challenge, and far too many make that decision without fully understanding the consequences. It’s confusing, especially since there is a window of about 8 years during which you can claim SS…
A Misguided Approach to Solving Social Security’s Financial Issue
In this somewhat scathing indictment, noted economist Alicia Munnell discusses a proposal by U.S. Senators Cassidy and Kaine to solve the Social Security program’s financial woes through borrowed funding. The so-called Cassidy-Kaine Proposal suggests that the federal government borrow $1.5…
A Resource for You; A Mission for Us
Every story begins with a vision. And almost every vision begins by recognizing a problem that needs fixing. Such is the case with this story – one of a problem recognized some years ago, which resulted in a vision, which…
Social Security: Looking Ahead to 2027
As most of us know, annual changes to Social Security are inevitable, some of which are good and some of which may take a bit more out of your pocket. This Motley Fool article by Christy Bieber discusses several SS…
SSA Warns of New Scam Technique
There is no shortage of nefarious individuals seeking to gain access to your money, and your Social Security benefit is an inviting target for these cyber criminals. The Social Security Administration (SSA) has warned SS beneficiaries of a new technique…
The Financial Status of Social Security
Is Social Security really “going broke?” Well, it is not, because SS benefits will always be there as long as American’s are working and contributing to the program. But Social Security IS facing financial issues in about 6 years because…
Military Veterans – Are You Eligible for VA benefits?
As a country, we have no higher obligation than that owed to our military veterans, whose sacrifices made the freedoms we enjoy available. The U.S. Department of Veterans Affairs, known more familiarly as the “Veterans Administration (VA), provides eligible U.S.…
SSA Commissioner Enhancing Services while Reducing Fraud and Waste
Frank Bisignano, a successful and proven business executive, was appointed by President Trump last year to head up the Social Security Administration (and some time later, also the Internal Revenue Service). Since his appointment, Commissioner Bisignanco has been focused with…
Claiming SS early? Beware of the “Earnings Test”
Claiming Social Security at any time after age 62, while continuing to work, can seem like a great way to enhance your monthly income and make life a bit more comfortable. After all, you’ve worked an entire career contributing to…