Results for "social security"

Displaying 598 results

Sort: Date | Relevance

Author:

Almost half of near-retirees fail basic Social Security quiz

May 15, 2018

Near-retirees still have a lot to learn about Social Security retirement benefits and may be leaving money on the table, according to a new consumer poll released Tuesday by Massachusetts Mutual Life Insurance Co. Nearly half (47%) of Americans...

Social Security's most confusing rules

May 9, 2018

I've just returned from the annual InvestmentNews Retirement Income Summit in Chicago. It is one of my favorite conferences of the year, not just because of the excellent content, but because it provides me an opportunity to meet with readers...

Countdown to retirement

May 3, 2018

I celebrated a major milestone with a group of friends recently. We met as newly minted teenagers in 1968 when we were freshmen in high school. Today, with most of us on the cusp of retirement, we took a trip to Charleston to commemorate 50...

Future retirees expect Social Security to be main source of income

April 25, 2018

More than half of current or soon-to-be retirees cite Social Security as their primary source of income, well ahead of the 18% of those who identified a pension as their main income source, according to a new survey. But that heavy reliance...

Recent rule changes to boost retiree health costs

April 30, 2018

Individually, recent updates to Medicare and Social Security rules may not have seemed like a big deal. But when taken together, seven changes to Medicare means testing, Social Security cost-of-living adjustments (COLAs) and Social Security...

Graying of America will put pressure on Social Security reform

March 16, 2018

Investment News readers and audiences who attend my Social Security seminars around the country frequently ask me when I think Congress will tackle Social Security reform. I joke that my crystal ball looks more like a blurry snow globe when...

Employees say workplace retirement plan will be a major retirement income source

April 24, 2018

An increasing percentage of workers say their workplace retirement savings plan will be a major source of retirement income, according to an annual survey by the Employee Benefit Research Institute issued Tuesday. In 2018, 53% of workers said...

Social Security budget cuts lead to declining customer service

March 12, 2018

A month before my husband Mike turned 66, he received a letter from the Social Security Administration reminding him that he could start receiving unreduced retirement benefits at his full retirement age, even if he continued to work, or he...

Social Security and divorce: Mary Beth Franklin answers your questions

March 7, 2018

During a recent webinar on how to maximize Social Security benefits, I received a question from an attendee that perfectly summarizes the type of challenge that many financial advisers face when trying to help divorced clients create a secure...

Social Security benefits for grandchildren

April 5, 2018

Perhaps it is a sign of the times, but I have noticed an uptick in questions from InvestmentNews readers about the possibility of grandchildren being able to collect Social Security benefits on their grandparent's earnings record. In some cases,...

Timing is crucial for Social Security and Medicare

January 29, 2018

Sometimes the most important advice I can give readers is, "Don't do it!" For example, one reader wrote to me recently asking if she should collect benefits on her ex-husband's earnings record now, at age 65, and later switch to her own larger...

Public employee retirement systems could face shortfalls as retirees outnumber workers

March 14, 2018

For those worried about the ability of U.S. state and local governments to cover promised pension checks, the Census Bureau announced a milestone that should add to their fears: by 2030, for the first time, senior citizens will outnumber children....

Social Security underpaid 82% of dually entitled widows and widowers

February 16, 2018

I read a lot of audit reports from the Social Security Administration's Office of Inspector General, but I don't think I have ever read one as damning as the one issued on Valentine's Day. The purpose of the internal audit was to determine whether...

Social Security rules for new retirees

January 8, 2018

I've received several questions from financial advisers recently asking what will happen to their clients who claim Social Security this year after they have already earned more than the annual earnings limit. Will their benefits be reduced...

Deciphering Social Security survivor benefit rules

March 23, 2018

A financial adviser from South Carolina reached out to me recently for help sifting through the numerous Social Security regulations affecting potential benefits for his recently widowed client. "This is probably the most complex situation I...

Online Social Security accounts are just the first step in preventing identity theft

February 8, 2018

A disturbing trend has come to my attention thanks to a loyal InvestmentNews reader: Americans who have dutifully set up personal online Social Security accounts are still vulnerable to having their benefits stolen out from under them. Robert...

Social Security benefits losing buying power

March 20, 2018

Automatic cost-of-living adjustments are supposed to help Social Security benefits keep pace with inflation, but years of low inflation and rising Medicare costs are threatening the adequacy of a key component of seniors' income. Over the past...

New Social Security rules trip up widow's adviser

December 22, 2017

Whenever I conduct Social Security seminars for consumers and financial advisers around the country, I tell audiences that retirement benefits and survivor benefits represent two separate pots of money. Generally, if you are entitled to both,...

Social Security: Advisers must stay current on regulations

March 3, 2018

Imagine finding​ out that your widowed mother's monthly Social Security benefit check was less than she was entitled to. You'd likely be furious and more than a little ashamed for not having watched out for her best interests more closely....

Medicare surcharge notices are shocking retirees

December 5, 2017

There's a new Grinch in town and her name is IRMAA. That's shorthand for the Income-Related Monthly Adjustment Amount notices that the Social Security Administration sends at the end of each year to inform Medicare enrollees how much they will...

Next Page »

1 | 2 | 3 | 4 | 5 ... 30

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.