Social Security
Another Scam Alert: “Medicare” Callers
The release of new Medicare cards–you know, the ones that have the Social Security number removed–has spawned a new scam. In this one, the callers identify themselves as affiliated with “Medicare” and ask for your Social Security number in order…
Thoughts on Social Security Reform
With the future of Social Security drawing more and more attention with each passing year, it’s interesting to see the variety of articles surfacing that offer projections on what’s likely to happen come 2034. Forbes Contributor Elizabeth Bauer, in a post on…
Thoughts on Social Security and its “Rate of Return”
In a post on www.dailysignal.com, Heritage Foundation writers Rachel Greszler and Julia Howe take aim at the “rates of return” produced by Social Security, drawing a conclusion that “Despite its popularity, Social Security typically provides very low—and in many cases, negative—rates of…
Understanding Social Security’s “Representative Payee” Provision
Elder abuse and fraud perpetrated on seniors is a major concern to Social Security, so much so that the agency maintains a provision to help protect those beneficiaries unable to safely and securely manage their own finances. It’s call the…
For Those Planning to File Early and Continue Working…
You’ve seen the statistics on the absence of adequate savings among those aging into their retirement years, and you may be in that category and planning to continue working as a way around the problem. If so, you need to…
Penn Wharton: National Debt Worsens Social Security Outlook
The Wharton School of Business at the University of Pennsylvania recently weighed in on the Social Security solvency dilemma, shining an even dimmer light on the program’s impending solvency crisis. As explained in a post by Solano County (California) Daily Republic’s…
Making Sure You Get Your Due
As in most areas of life, the bottom line is that we are all responsible for ourselves. That’s also true when it comes to Social Security, and The Motley Fool’s Maurie Backman helps drive this point home with a list of…
Seniors and the Student Loan Debt Crisis
The numbers are frightening…according to the Consumer Financial Protection Bureau (CFPB), the last decade has seen a dramatic increase in the number of older Americans with student loan debt, much of which is attributable to loans they’ve co-signed on behalf of family…
More Thoughts on Filing at Age 62
The ongoing debate on the merits of deferring one’s Social Security filing date generates a fair amount of press, with some arguments explaining why it can be appropriate to file early and others strongly advocating waiting until full retirement age…
Social Security Benefits and Health Care Expense Trends: A 2019 Respite?
Bernice Napach, senior writer at ThinkAdvisor, provides an analysis of current statistics on Social Security benefits and the portion that is consumed by health care costs. Following a jump in 2018, a year in which the Senior Citizen League reports…