Is Taking a Loan Against Your Social Security Benefits a Reasonable Option When You are Out of Work? Q: Recently I read about a stimulus proposal that would allow people who are out of work to access $5,000 of Socia ...
Author Archives: georgette
Best Ways to Save To Save: August 2020
Worried About Food Shortages This Fall? Plant an Undercover Vegetable Garden By Mary Johnson, editor As people struggled to find food in the grocery stores during the coronavirus lockdown earlier this year, intere ...
Congressional Corner: Medicare Should Protect Your Teeth Too!
By Representative Robin Kelly (IL-2) I can still remember losing my first baby tooth. I put it under my pillow and got a quarter. When I was 6, losing my teeth meant money in my pocket. Now that I’m older, the idea ...
Legislative Update: August 2020
Prescription Drug Legislation Delayed by Coronavirus By Shannon Benton, Executive Director The coronavirus pandemic has taken priority on Capitol Hill in recent months. As a result, action on a number of important ...
Benefit Bulletin: August 2020
Coronavirus Has Devastating Impact On Nursing Homes: Full Scope Still Unclear By Rick Delaney COVID-19 has been particularly dangerous for older and sicker people living in nursing homes. One example of just how q ...
Coronavirus Throws Monkey Wrench Into COLA Calculations
By Mary Johnson, editor Impute. Today’s word comes to us from the economists at the U.S. Bureau of Labor Statistics (BLS). Since March of this year, they have been forced to use this estimation technique much more f ...
Hospitals Re-start Non-Urgent Care After Coronavirus Shutdowns
Hospitals and other medical providers were forced to stop routine “non-urgent and elective care” earlier this year to preserve scarce personal protective equipment and to avoid the risk of spreading the coronavirus. Onc ...
How Does the High Unemployment Affect Social Security’s Solvency?
Social Security’s finances depend largely on payroll taxes, tying the strength of Social Security to the strength of the U.S. economy. The U.S. unemployment rate was more than 13.3% through May. That was worse than the ...
Q & A: July 2020
What Should I Do? I Lost My Job And Health Insurance. Q: The company that I worked for shut down in March because of the coronavirus, and I did not get my job back. I lost my paycheck and my health insurance. I’m ...
Ask the Advisor: July 2020
Can You Tell Me How Recent Law Changes Affect RMDs From My 401(k)? Q: The value of my 401(k) fell in March of this year and still hasn’t fully recovered. I turned 70 in April. Will I be forced to sell investments a ...
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