By Mary Johnson, editor The number of retirees reporting that Medicare costs are consuming more than one-third of their Social Security benefits appears to be growing more rapidly than experts ever expected. This has b ...
Daily Archives: July 18, 2016
Q & A: July 2016
Is There A Good Reason To Take Social Security Early? Q: I turn 62 this year. My spouse is 65 and still working. I’ve thought about delaying my Social Security benefit to let it grow, but a publication from the Socia ...
Ask the Advisor: July 2016
I Inherited An IRA From My Dad - How Does That Affect My Taxes? Q: I inherited an IRA from my dad worth roughly $232,000. I’m 65, and receive Social Security. Can you tell me what effect this will have on my taxes? W ...
Congressional Corner: Our Seniors Deserve Dignity and Security – I’m Fighting For This In Congress
By U.S. Representative Barbara Lee (CA-13) The ability to live with dignity and financial security in your Golden Years is fundamental to the American Dream. Yet, every day, it gets harder and harder for many seni ...
Legislative Update: July 2016
28% Of Medicare Beneficiaries Hit Doughnut Hole In 2015 By Jessie Gibbons, Senior Policy Analyst The Medicare Part D “doughnut hole” – the gap in coverage that occurs when beneficiaries reach their initial annual payme ...
Best Ways to Save: July 2016
Which Repairs Are Worth Doing Before Selling A Home? Selling a home to move to lower-cost housing, or as part of a move to assisted living, involves plenty of cleaning, repairs, and maybe some renovations. To get the m ...
Benefit Bulletin: July 2016
Family Caregivers Need Credit At age 62, Susan Gross of Barboursville, Virginia, is nearing retirement age, but has no plans to stop working yet. High prescription costs and the need to provide care for a disabled adu ...
What Was The Fastest Growing Retiree Cost In 2015? Hint: Not Prescriptions!
Older Americans are going without a cost-of-living adjustment (COLA) in 2016 due to lower inflation last year, but lower inflation didn’t translate into lower household expenses for retirees in 2015. In fact, nearly 1,20 ...
99% of Older Voters Not Happy About Secret Social Security Cuts
What do older voters think about the back-door debt limit deal tactics of using Social Security cuts in exchange for lifting the debt limit? The single biggest government account holding federal debt is the Social Secur ...
Close