Social Security
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…
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…
The Importance of Understanding SSDI Eligibility
Tyler Smith, in a post on the American Economic Association’s website, recaps an article from the American Economic Journal: Economic Policy, asserting that communications from federal agencies regarding individual eligibility for programs like Social Security Disability Income may not be…
Social Security Fundamentals: Potential Pitfalls for Those Who Don’t Get the Details
Jay Gershman, of EWest Hartford’s Retirement Visions LLC, knows from experience that many folks jumping into retirement without understanding the many details of Social Security wind up making huge and costly mistakes. In a post on we-ha.com, he provides a…
When to Collect Benefits?–Not A Simple Question
Juts like the calendar, the Baby Boom Generation continues to march relentlessly forward in time, with a large portion of this population group now finding themselves in their mid-50s and starting to think about Social Security. While it’s still a…
The Nuances of Switching from Disability to Retirement Benefits
In response to a question from a disability benefits recipient approaching her automatic transition to retirement benefits, this post on maximizemysocialsecurity.com outlines the mechanics of the process, and explains the recipient’s inability to defer retirement benefits and continue on disability…
Negative Viewpoints on Changing the Full Retirement Age
In an article on www.huffingtonpost.com, reporter Daniel Marans recaps the whitewater facing former New Mexico governor and two-time Libertarian presidential candidate Gary Johnson as a consequence of his stance on raising Social Security’s full retirement age (FRA). While Johnson’s position…
Expand a Program Headed for Insolvency?
(By: Jeff Szymanski, Association of Mature American Citizens) Who would spend more money on something that, in the absence of reform, will be insolvent in just over a decade? Answer—‘The Left’ of course. That is just what 150 Democrat members…
Social Security–Dependence vs. Basic Understanding
As explained in a recent www.msfiology.com post, it’s important that those planning for retirement do not place excessive reliance on Social Security benefits to carry them through their retirement years, After all, it was never designed to completely replace all…
More on the Myth of Social Security’s “Stolen” Funds
It’s an untruth that just won’t go away…that through the years, politicians have “raided” Social Security’s trust funds and redeployed workers’ deposited taxes for other purposes. As explained by The Motley Fool’s Sean Williams in a post on helenair.com, the…