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Social Security Benefits

Social Security Offers Lump Sum Payouts to Retirees

Jim T. Miller | Posted 04.06.2015 | 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...

Obama Announcing Tightened Security For Cards Carrying Federal Benefits

AP | MARCY GORDON and JOSH LEDERMAN | Posted 12.17.2014 | Politics

WASHINGTON (AP) — Saying more must be done to stop data breaches affecting consumers, President Barack Obama announced on Friday a government plan t...

Ann Brenoff

7 Ways You May Be Unwittingly Sabotaging Your Retirement | Ann Brenoff | Posted 09.25.2014 | Fifty

OK, nobody is expecting to have the kind of retirement that our parents had. But there are some things we are doing now that may actually hurt our re...

What Your Retirement Plan Needs More Than Money

Buck Wargo | Posted 11.18.2014 | Fifty
Buck Wargo

With all the talk about retirement, the national focus is on how much to stash away in your 401(k) and IRA and when you should leave your job and start taking Social Security benefits. That's all crucial, but what people are forgetting is what they want to be and do when they grow up.

Congressman John Larson's Important Plan to Expand Social Security

Eric Kingson | Posted 10.20.2014 | Politics
Eric Kingson

In the last month alone, three bills expanding Social Security have been introduced. The three add to a growing number which see Social Security as the solution to a looming retirement income crisis.

The Case of the Deleted Social Security Data: Why It Is Bad for Workers and Retirees

Karen Friedman | Posted 10.20.2014 | Money
Karen Friedman

When policymakers shape legislation to expand retirement savings and pension coverage, it's important for them to know the truth about how much Social Security provides, which isn't a lot.

Social Security: The Biggest Decision You'll Ever Make

Buck Wargo | Posted 10.13.2014 | Fifty
Buck Wargo

People need to consider all sources of income before making a decision about Social Security, including the use of a reverse mortgage that are growing more popular.

Social Security Benefits Made Easy -- Part 5

Jay Lickus | Posted 10.04.2014 | Fifty
Jay Lickus

OK, Baby Boomers, we are now at day five of our deep dive into the Social Security System and its benefit programs.

Social Security Benefits Made Easy - Part 3

Jay Lickus | Posted 10.04.2014 | Fifty
Jay Lickus

Today, Baby Boomers, we start to dig into the meat and potatoes of the Social Security system.

Statement on the 2014 Social Security Trustees' Report

Bob Greenstein | Posted 09.27.2014 | Politics
Bob Greenstein

Social Security is the most effective and successful income-security program in the nation's history. Policymakers should design reforms judiciously so that it remains so.

Awaiting the 2014 Social Security Trustees' Report

Kathy Ruffing | Posted 09.24.2014 | Politics
Kathy Ruffing

Social Security's trustees will release their annual review of the program's finances on Monday, and while we're not sure what the report will say, the trustees last year estimated that Social Security's combined trust funds will be exhausted in 2033.

Are Disabled Americans Pawns in a Larger Social Security Game?

Richard (RJ) Eskow | Posted 09.15.2014 | Politics
Richard (RJ) Eskow

Right-wing wars of disinformation and demonization can be a wonder to behold, but the attacks on disabled recipients of Social Security benefits have been especially mean-spirited.

Who Qualifies for Social Security Disability Benefits?

Carrie Schwab-Pomerantz, CFP | Posted 08.24.2014 | Money
Carrie Schwab-Pomerantz, CFP

I wish there were a quick and easy answer to your question, but unfortunately there's nothing quick and easy about Social Security disability insurance (SSDI). There are a lot of rules and regulations, and it's tough to qualify.

A Five Point Approach to Fix Social Security: What Everyone Needs to Know

Dominik Knoll | Posted 08.21.2014 | Business
Dominik Knoll

It's no secret that Congress has not been solving many problems lately - and its popularity reflects this. Some of the issues the country faces are co...