Social Security
Medicare’s “enrollment periods” explained
Although most people enroll in Medicare during their “Initial Enrollment Period” (IEP), which starts three months before the month you turn 65 and ends three months thereafter, there are other times which you can also sign up for Medicare healthcare…
Not sure your nest egg will support your retirement? Here are some tips to correct that.
Many who are approaching retirement are uncomfortable that their savings and investment (otherwise called their “nest egg”) will be enough to keep them comfortable in retirement. It that is you, and you still have some time to adjust, then this…
Political Promises vs. Social Security Reality
During the 2024 election season, we often heard candidates promising that cuts to Social Security were “off the table.” President Trump was among those so promising but, as is already evident, that promise did not extend to cutting waste and…
Ask Rusty – Can I Get Extra Social Security for my Military Service?
Dear Rusty: Please help. I served from 1964 to 1966 in the US Army. I have been trying to contact Social Security in order to request extra benefits for veterans. The telephone is a recording, and you never get to…
Interesting Twist: Social Security Can Free You to Invest More Aggressively
Historically, most investment advisors counsel us to become more conservative in our investment strategy as we approach retirement. Conventional wisdom often suggests changing our investment portfolio from higher-risk stocks to lower risk investments such as the guaranteed returns from the…
New Proposal Raises Retirement Age
The Brookings Institution released a proposal for Social Security reform that includes raising the Full Retirement Age for high earners and taxing all Social Security benefits with adjusted gross incomes above $100,000 for individuals and $125,000 for couples. Melanie Waddell…
Working on the Budget
Congress is putting together a budget. Of course, there is disagreement on some of the items in the budget. According to this article by Tim for VB Vermont republicans have rejected amendments that would protect affordable health insurance and Social…
Retirement Crisis in America
If you are relying on Social Security alone for your retirement income you will be living below the poverty level. People are living longer and our retirement system is outdated. Jeannine Mancini for Benzinga explains here… The link provided above connects…
2026 COLA Prediction – Already !
Every year the inflation rate is analyzed to calculate the next year’s Cost of Living Adjustment (COLA) to Social Security benefits. It is only February, but the Senior Citizens League has analyzed the projected numbers and come up with a…
Social Security Fraud
The new Department of Government Efficiency (DOGE) is looking into fraudulent spending of social Security funds. Instead of joining the effort to rid Social Security of waste, Democrats are spreading erroneous information, saying the Trump administration is going to dump…