Should She Sign Up For Unemployment or Disability? Q: My mom has Parkinson’s disease, but was still working until the coronavirus forced her company to shut down indefinitely. She has applied for partial unemployment ...
Category: Issues
Benefit Bulletin: June 2020
Medicare Premiums Could Spike Due to Coronavirus By Rick Delaney The coronavirus has hit older Americans particularly hard and sent tens of thousands of Medicare recipients to hospital emergency rooms and intensive ...
What Are Your Fastest Rising Costs?
Mary Johnson, editor Every year, I take a look at how the Social Security cost of living adjustment (COLA) compares with the rise in average retiree costs. Data that I collect for my report on the buying power of Soc ...
A Coronavirus Caused Recession Could Eliminate Next Year’s COLA
Older Americans have the highest health risk from the coronavirus and now the coronavirus-caused economic recession, along with falling oil prices, put the next Social Security cost-of-living adjustment (COLA) in jeopard ...
How the Corona Virus Affects Social Security
The abrupt and severe contraction in the U.S. economy caused by the coronavirus has far-reaching consequences for Social Security. Twenty million workers filed claims for unemployment between March 15, 2020 and April 17 ...
Ask the Advisor: April/May 2020
I’m Entitled to a Pension for Work as a City Cop… Should I Continue to Pay Into Social Security for Other Work I am Doing Now? Q: I worked in a California city police department for 30 years and I’m now entitled t ...
Q & A: April/May 2020
How Much May I Earn in the Year I Turn Full Retirement Age? Q: I turn 66 in August of next year, and plan to start Social Security retirement benefits. How much may I earn in 2021 without reducing my benefits? A: ...
Benefit Bulletin: April/May 2020
What’s Retirees’ Biggest Concern About the Future of Social Security? A $300 Benefit Cut By Rick Delaney, Chairman of the Board There’s a discussion about Social Security that we haven’t yet heard much about f ...
Q & A: March/April 2020
What is the full retirement age for Social Security? Q: I turn 61 this year and I’m still employed. I’ve read about waiting until my full retirement age before starting Social Security benefits. Is that 66? Do I e ...
What It Looks Like to Live on Just Social Security — (It’s Not Pretty)
Forty-three percent of respondents say they do not have any retirement savings according to a recent TSCL survey. This sobering finding is actually a slight improvement from a 2017 estimate by the U.S. Government Accoun ...