By Mary Johnson, editor What would you do with a 0.9% cost-of-living adjustment (COLA)? That’s right, a COLA of less than 1%. If you receive an average Social Security benefit of $1,240 per month, your benefit would g ...
Category: Issues
Savings Hurt By Low Interest Rates? So Is Social Security’s, CBO Says
Today’s almost non-existent interest rates on U.S. Treasury bonds are hastening the insolvency of the Social Security Trust Fund, says a new report from the Congressional Budget Office (CBO). The CBO said that the shortf ...
Will Social Security Last As Long As You Do?
Social Security recipients often worry whether their benefits will be paid as promised throughout retirements that could last 25 years or more. Anxiety over impending changes to Social Security leads some people to claim ...
Strengthen Social Security — Why NOW is the Time!
Social Security recipients often worry whether their benefits will be paid as promised throughout retirements that could last 25 years or more. Anxiety over impending changes to Social Security leads some people to claim ...
Supreme Court Decision Could Have Big Consequences For Social Security and Medicare
The U.S. Supreme Court is expected to decide a case in June that could have far -reaching implications for Social Security and Medicare. The Obama Administration has asked the Supreme Court to reinstate its executive act ...
Another Banner Year For Medicare Fraud?
By Mary Johnson, editor “Hello seniors!” the voice bellows. “Medicare covers a remarkable new device that can give you freedom from lower back pain! Hold the phone to find out how to get your free, Medicare-covered ba ...
Ask the Advisor: April 2016
Why Are My Social Security Benefits Taxed? This Is Double Taxation! Q: I’m a divorced retiree and I file taxes as a single household. Can you tell me why my benefits are taxed and how the income threshold that subject ...
70% Of Older Voters Think Social Security Payroll Tax Should Apply To All Earnings
(Washington, DC) – Seventy percent of older Americans think Social Security’s solvency can be improved by scrapping the Social Security taxable wage limit of $118,500, according to a survey by The Senior Citizens League ...
Ask the Advisor: February/March 2016
Q: I turned 65 in February 2015, and started Medicare last year. Prior to getting Medicare I received my healthcare through my employer. Can you tell me if Medicare Part B and Medicare Advantage premiums are a deductible ...
Q & A: February/March 2016
Will Social Security Changes Affect Our Plans? Q: My husband and I are both 65 and won’t turn 66 until later in 2016. I’m entitled to a monthly benefit of $810 at 66, and my husband a benefit of about $2,300. He origi ...
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