Trump Outlines a Significant Social Security Cut in His 2020 Budget

From The Motley Fool —  This past Monday, March 11, President Trump unveiled his fiscal 2020 budget proposal for the federal government. As a reminder, fiscal years for the federal government end on Sept. 30 and begin on Oct. 1. Unveiling a budget months in advance of...

The One Factor That Determines If Your Retirement Will Be A Success

From Forbes —  Almost all retirement planning focuses on finances. That’s unfortunate. The state of your finances determines retirement success only up to a point. Surveys of retirees make clear that satisfaction in retirement rarely hinges on finances.  People in...

This new Social Security bill could make Social Security even better

From Market Watch —  The Social Security actuaries project a program deficit over the next 75 years of 2.84% of taxable payrolls. As shown below, this deficit reflects the combination of rising costs and constant levels of income. The increasing costs are the result...

If You Do Medicare Sign-Up Wrong, It Will Cost You

From The New York Times —  Tony Farrell turned 65 four years ago — the age when most people shift their health coverage to Medicare. But he was still employed and covered by his company’s group insurance. When his birthday came around, he began researching whether he...

Audit of Social Security finds low-income beneficiaries underpaid

From PBS Newshour —  Low-income people receiving Supplemental Security Income (SSI) payments are supposed to automatically be switched over to “regular” Social Security retirement benefits once they turn 62 years old. The logic here is that the government should not...
Will the Government Shutdown Delay My Social Security Benefits?

Will the Government Shutdown Delay My Social Security Benefits?

From Kiplinger —  Retirees who depend on their monthly Social Security checks to make ends meet can breathe a sigh of relief: Benefits won’t be affected by the partial government shutdown. The Social Security Administration is already funded through September...