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Social Security Benefits

Women and Social Security

Bobbie Brinegar | Posted 09.02.2015 | Politics
Bobbie Brinegar

Today -- 80 years after FDR signed the Social Security Act -- Social Security continues to be one of the nation's most successful, effective, and popular programs. It's by far the most effective anti-poverty program in the United States.

Here's What Social Security Will Look Like by the Time Millennials Retire

GOBankingRates | Posted 08.21.2015 | Money

Since millennials don't know how much government support they will have during retirement, they need to start saving now. Here are a few good retirement savings tips: Pay off all debt first to avoid accruing interest and put money into an IRA automatically.

Filing for Ex-Spouse Social Security Benefits: Does Your Ex Have to Be Involved?

Carrie Schwab-Pomerantz, CFP | Posted 08.21.2015 | Divorce
Carrie Schwab-Pomerantz, CFP

Unfortunately, if you aren't in touch with your ex and don't know his PIA, you won't know exactly what your spousal benefit will be until you file. The Social Security Administration (SSA) can't tell you anything in advance.

Social Security: Many Happy Returns

Christopher Brauchli | Posted 08.20.2015 | Politics
Christopher Brauchli

More and more baby boomers are attaining retirement age and qualifying for Social Security payments, and Social Security is finding itself having to support a lot more people than it anticipated. The result is that by 2033 the Social Security trust fund will be depleted.

Social Security's Past, Present and Future

Ben Veghte | Posted 08.14.2015 | Politics
Ben Veghte

It is likely that a very large share of American households will have little besides Social Security to rely on in old age, and that a significant share of seniors will forgo retirement altogether, taking us closer to the circumstances that reigned before Social Security's passage.

5 Things Same-Sex Couples Need To Know About Social Security

The Huffington Post | Ann Brenoff | Posted 07.15.2015 | Fifty

Until the recent U.S. Supreme Court ruling requiring states to recognize same-sex marriages, Social Security was a crapshoot for gay couples. The Soci...

Social Security Questions: Where Can You Get Good Advice?

Carrie Schwab-Pomerantz, CFP | Posted 07.13.2015 | Business
Carrie Schwab-Pomerantz, CFP

I don't believe that the Social Security Administration (SSA) is out to intentionally mislead us, but the system is extraordinarily complicated. And of course it's always possible that an agent will misinterpret your question or even make a mistake.

5 Ways Women Are Getting Screwed In Retirement

The Huffington Post | Ann Brenoff | Posted 07.10.2015 | Fifty

The pay gender gap lives on, even in retirement. Here are five ways women get screwed in retirement -- and some tips about how to lessen the sting. ...

The Extinction of the American Dream

Dustin DeMoss | Posted 07.08.2015 | Politics
Dustin DeMoss

The poor are confronted with two choices: stay poor or get poorer. Here's why the American Dream is a continuing nightmare for so many.

How Well Do Individuals Understand Social Security (And Its Overseas Counterparts)?

David H. Bailey | Posted 06.25.2015 | Business
David H. Bailey

Given the disappointing performance of most 401(k) accounts, the Pension Research Council estimates that more than half of U.S. retirees will rely on Social Security for more than 50 percent of their total income.

Can You Pass This Very Basic Test About Social Security?

The Huffington Post | Ann Brenoff | Posted 06.16.2015 | Fifty

Despite Social Security being the backbone of most Americans' retirement, we have a tremendous lack of basic knowledge about the program and its benef...

5 Social Security Tips To Get Ahead Of The Game

Michael Lazar | Posted 06.11.2015 | Fifty
Michael Lazar

Social Security can be a confusing system to understand. We'll help you make more sense of your options with these five helpful tips. A lot of peop...

Divorced? You May Be Able To Tap Your Ex's Social Security Benefit

Buck Wargo | Posted 06.02.2015 | Fifty
Buck Wargo

You may not have spoken to your ex-spouse in a decade (and have no interest in doing so!) but, even 10 years or more after your divorce, you could actually benefit from it financially. And most people don't even know it.

Social Security Offers Lump Sum Payouts to Retirees

Jim T. Miller | Posted 06.06.2015 | Fifty
Jim T. Miller

There are actually two different kinds of Social Security claiming strategies that can provide retirees a big lump-sum benefit, but you need to be past full retirement age to be eligible, and there are financial drawbacks you need to be aware of too.

Ryan Grim

Social Security Fight Heats Up In Maryland Senate Race | Ryan Grim | Posted 03.19.2015 | Politics

WASHINGTON -- It was a good thing Chris Van Hollen showed up. At a press conference Wednesday, Van Hollen, a House Democrat running for U.S. Senate in...

Sen. Sanders' Bold Plan to Expand Social Security

Ben Veghte | Posted 05.16.2015 | Politics
Ben Veghte

Last week U.S. Sen. Bernie Sanders (I-Vermont) introduced the Social Security Expansion Act, a plan to both ensure greater retirement security for today's workers and retirees and strengthen Social Security's finances over the long term. It achieves these goals in large part by reforming Social Security to better come to terms with higher levels of inequality.

The Money You and Loved Ones May Be Leaving on the Table

Paul Solman | Posted 04.20.2015 | Money
Paul Solman

The Social Security system is what it is: a maddeningly complex legal puzzle that's impossible to solve without help. The choices you choose to make about benefits are up to you. But I figure at least we all ought to know them.

Five Facts You May Not Know About Retirement Income... But Should

Jacob Gold | Posted 03.30.2015 | Fifty
Jacob Gold

As retirement gets closer, many people begin to worry about how they will find the funds they need to replace their paychecks after they've stopped working. What will serve as their income? Will they have enough to live on day-to-day? Will their money last long enough?

When I Retire Will My Social Security Be Reduced Because of Student Loans?

Steve Rhode | Posted 03.29.2015 | Money
Steve Rhode

I am 63 and was wondering if the consolidation loans are not paid off by the time I reach my full Social Security age (66), will it affect the amount of Social Security I receive?

Igor Bobic

Rand Paul: Disability Insurance Wasted On People With Anxiety And Back Pain | Igor Bobic | Posted 01.15.2015 | Politics

Sen. Rand Paul (R-Ky.) on Wednesday began a two-day tour through New Hampshire, the first Republican primary state, where where he offered up a heap o...

Social Security Administration Must Expedite Approval of Disability Claims for Patients with IBD

Rebecca Kaplan | Posted 03.07.2015 | Healthy Living
Rebecca Kaplan

The White House must urge the Social Security Administration to convene a hearing to add inflammatory bowel diseases, including Crohn's disease and ulcerative colitis, to its Compassionate Allowance initiative in order to expedite the approval of critical government assistance for patients living with these incurable digestive diseases.

How Working Past Age 65 Can Hurt Your Finances

Simple. Thrifty. Living. | Posted 02.15.2015 | Money
Simple. Thrifty. Living.

Continuing to work past age 65 might initially appear to be a no-brainer, but it's important to know all the facts and how these will impact your individual situation before you make this important decision.

Some Immigrants Eligible For Social Security Under Obama Immigration Executive Order

AP | JIM KUHNHENN | Posted 01.26.2015 | Politics

WASHINGTON (AP) — Many immigrants in the United States illegally who apply for work permits under President Barack Obama's new executive actions wou...

Matt Sledge

GOP Senate Candidate Says Poor People Can Just Retire Early If Social Security Age Rises | Matt Sledge | Posted 11.03.2014 | Politics

BATON ROUGE, La. -- Bill Cassidy, the Republican challenger to Sen. Mary Landrieu (D-La.), suggested during a debate Wednesday that residents of a des...

Another Year, Another Small Social Security Bump

AP | By STEPHEN OHLEMACHER | Posted 12.18.2014 | Politics

WASHINGTON (AP) — For the third straight year, millions of Social Security recipients, disabled veterans and federal retirees can expect historicall...