Social Security
Social Security Myth Alert–Another Debunking
We’ve covered this subject before, several times–the popular myths and misconceptions that can cause folks to make unfortunate decisions about their Social Security benefits–but it’s always good to take a fresh look at some of the more frequently cited mis-truths…
Synthetic Identity Fraud and Social Security Numbers–Yet Another Battle to be Fought
It sounds like a strange title for a vulnerability–“synthetic identity fraud”–but it’s not really that far-fetched. In simple terms the concept is used to describe situations where a “genuine social security number is used alongside a false name and date of…
Bill Introduced to Eradicate Current Social Security Windfall Elimination Provision (WEP)
(Source: House Ways and Means Committee Press Release) Brady, Neal Introduce Legislation to Ensure Equal Treatment for Teachers, Firefighters, Police Officers, and Other Public Servants When It Comes to Social Security Washington, D.C. – This week, House Ways and Means Committee Chairman…
Indirectly Addressing Social Security’s Woes
In Late August, House Ways and Means Committee Chairman Kevin Brady (R-TX) praised the 1.6 million jobs created this year and the highest level of wage gains since 2009, largely attributing these factors as evidence of the efforts underway in the current…
Extending the working years and what it can mean for you
The long-standing norm that age 65 was the end of the working career is being upended these days, with more and more folks opting to stay in the workforce well past what used to be the standard exit point. This www.bloomberg.com…
New Online Social Security COLA Notices
(Source – Social Security Administration) We are constantly expanding our online services to give you freedom and control when doing business with us. Our new online cost-of-living adjustment (COLA) notices are another example of our commitment in this area. Later…
Chairman Johnson Opening Statement at Hearing on the State of Social Security’s Information Technology
(Source: House Ways and Means Committee) House Ways and Means Social Security Subcommittee Chairman Sam Johnson (R-TX) delivered the following opening statement at a Subcommittee Hearing on the State of Social Security’s Information Technology. “Good morning and welcome to today’s…
More on the Social Security Earnings Test
In a post on www.forbes.com, Laurence Kotlikoff provides a detailed explanation of the Social Security earnings test and how it impacts the benefits of those who choose to continue employment after filing for benefits. His post also addresses questions on an assortment…
Submitting Fraud Allegations to the OIG
(Source: Social Security Administration) The SSA Office of the Inspector General (OIG) has determined that, due to a computer error, it did not receive any fraud allegations submitted through its online fraud-reporting form from 3:30 p.m. on Monday, September 10 to 9:30…
Retirement–Preparing for the Long Haul
Planning the financial side of retirement life is a challenge–no doubt about that! The unknowns can cause the serious planners to lose sleep at night, and sometimes the simple truth that one may not even know what one doesn’t know…