Social Security
Social Security Rules to help Make the Best “When to Claim” Decision
Although millions of people are receiving or about to receive Social Security benefits some rules are not as well known as others. These 3 in particular can affect your benefit amount: You have to work at least 35 years to…
New Legislation to be Applied to Social Security Clawbacks
The new bill was introduced on August 20th. It is called Protecting Americans from Social Security Clawbacks Act. If passed it would eliminate pay back of overpayments that are more than 3 years old, as long as fraud was not…
Presidential Hopefuls’ Perspectives on Social Security and Medicare
These two programs are important issues to consider when choosing how to vote. They are the income and health lifeline for many of our senior citizens. Read about it here… Similar to many consulting organizations, the Association of Mature American…
Social Security is a Primary Issue for Americans this November
Voting may be swayed by Social Security this November. There are many ideas of how to modify it. What do Harris and Trump say? Keith Speights for The Motley Fool explains here… Similar to many consulting organizations, the Association of…
Yearly Adjustments to Social Security
There are some standard built in changes that happen with Social Security every year: Benefits increase due to the COLA increases The amount needed to qualify for an earned credit increases The earnings limit, which is the amount you can…
A Different COLA Perspective
The latest estimate projects a COLA increase of 2.57% in 2025, which is lower than it was in 2024. Of course, this is still an estimate and the actual number will be released in October. A smaller percentage could be…
Social Security: Beyond Retirement Benefits
Sometimes we forget that Social Security also provides survivor benefits for families. Tragically, when a young person dies and leaves young or disabled children the program helps support the family. Kathryn Anne Edwards for Bloomberg Opinion explains here…. The link provided…
H.R. 82 in the News…Sponsor Launches Discharge Petition
Shreveport-Times reports that Rep. Garret Graves (R-LA-6) has initiated action to take H.R. 82 (The Social Security Fairness Act of 2023 bill he introduced in January of 2023) to a floor vote. The Bill has been held in the House…
Social Security’s Over/Under Problem Hits a New Level
According to a post by moneywise reporter Chris Clark on finance.yahoo.com, Social Security’s cumulative tally of erroneous payments recently hit a milestone: $1 billion. The problem of incorrect payments is not new. It has been discussed in many media articles…
Another Scary Headline!
Reflecting on the “Latest News” article posted here Tuesday, we find another headline likely to cause concern among seniors until they read it. The article is titled “Seniors Losing Nearly $400 Each Month in Social Security: Report” and outlines a…