My Comments: No comments from me this time. I think 55 things to think about are more than enough. There's probably a 56th, but I have no idea what it could be. Good luck! Well, as luck would have it, I just thought of something. There is likely to be some movement in Congress soon …
Category: Social Security
Undocumented Immigrants and Social Security: Separating Fact From Fiction
Are undocumented workers really a drain on Social Security's resources? My Comments: The boogyman is trying to get you riled up. And to the extent you are riled up, it’s diverting you from an uncomfortable truth. Congress needs to change the Social Security rules in a manner similar to what it did back in 1983. …
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Retirees across America are facing a fiscal crisis as Social Security weakens
My Comments: I post this because you and I have the power to make sure the Social Security safety net is fixed so it remains viable well into this century. To make that happen, we have to put pressure on those whom we elect to represent us at the Federal level. It was last fixed …
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3 Social Security Rules You Should Know by Heart
My Comments: Believe it or not, Social Security is NOT rocket science. But you’d never know that from some of the questions asked. First step for everyone, no matter how old you are today, is to go to the Social Security web site and, assuming you have a social security number, get yourself registered so …
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3 Smart Reasons to Take Social Security at Full Retirement Age
My Comments: Full Retirement Age is that month, according to the Social Security Administration, where you gain some real advantages. I have some reservations about Sean Williams' comments since he’s not yet old enough to understand the emotional side of financial decisions when it comes to retirement income. However, the headline resonates with me as …
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3 Things That Affect When You Should Apply for Social Security
My Comments: This was clearly written by someone not yet fully versed in the subject. He’s young with expertise in picking stocks for future gain. Unfortunately, this is typical of what a reader finds when searching for ideas about their retirement and how to make critical financial decisions. There are far more than 3 questions …
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2 Reasons Social Security Is Expected to Run in the Red 4 Years Earlier Than Previously Forecast
My Comments: Social Security was created in 1935. Apart from one in 1939, since 1950, there have been 30 Amendments across the years. The one I best remember happened in 1983 when the Full Retirement Age changed from 65 up to age 67. Additionally, the income percentage that we paid (FICA), along with the upper …
