Category: financial security 2013
12/6/2013 - Money and mortality, or why to wait to start taking Social Security
by admin on December 6, 2013 9:59 pm
Social Security doesn’t care when you begin taking your money because people getting lower payments for longer periods cost the system the same as people getting highers payment for shorter periods. But when you take your money can make a huge difference to you and your survivors, as you’ll see. Read the full article at… Read more 12/6/2013 - Money and mortality, or why to wait to start taking Social Security
12/4/2013 - More 401(k) plans add retirement planning advice
by admin on December 5, 2013 5:34 am
Don’t know where to turn for retirement planning advice? The good news is more employers are offering retirement planning advice through their 401(k) and other retirement plans. But is this something you’ll want to take advantage of? Like many other retirement planning tasks, the answer is — it depends. Let’s take a look. Read the… Read more 12/4/2013 - More 401(k) plans add retirement planning advice
12/4/2013 - Retirement saving: the Great Divide
by admin on December 5, 2013 5:32 am
Only about half of boomers are saving enough to cover at least their basic retirement expenses — as are about 45% of Americans overall — but the news is even worse for younger savers, according to a new study that asked people to detail their savings habits and retirement plans. Read the full article at… Read more 12/4/2013 - Retirement saving: the Great Divide
12/1/2013 - Keeping dementia at bay
by admin on December 1, 2013 5:31 pm
Finding ways to stall the problem, even for a few years, can add up to big health cost savings. Read the full article at USA Today.
11/26/2013 - A New Way to Report Fraud
by admin on November 26, 2013 6:53 pm
The new antifraud hotline started by the Senate Special Committee on Aging will not solve the problem, but it will give harried seniors and family members another place to turn besides local law enforcement, the Federal Trade Commission and adult protective services agencies.
11/26/2013 - Let’s Operate 401(k) Plans as True Retirement Plans
by admin on November 26, 2013 5:34 pm
A defined-contribution retirement plan should not be just a savings vehicle. It should also generate retirement income. Read the full article by Center on Longevity Research Scholar Steve Vernon and Anna Rappaport at CFO.
11/22/2013 - Expanding Social Security
by admin on November 22, 2013 9:51 pm
“A funny thing has happened in the past year or so. Suddenly, we’re hearing open discussion of the idea that Social Security should be expanded, not cut. Talk of Social Security expansion has even reached the Senate, with Tom Harkin introducing legislation that would increase benefits. A few days ago Senator Elizabeth Warren gave a stirring floor speech making… Read more 11/22/2013 - Expanding Social Security
11/20/2013 - Medicaid Help Without Falling Into Poverty
by admin on November 20, 2013 8:46 pm
Tactics to keep elderly people’s assets and income within their family’s control while still qualifying them for Medicaid were common. Loopholes were exploited. But legislative changes in the late 1980s and a major overhaul in 2003 have closed some loopholes, and the eligibility requirements for Medicaid have been eased; they will relax further on Jan.… Read more 11/20/2013 - Medicaid Help Without Falling Into Poverty
11/19/2013 - You Plan Your Retirement, Then You Get the Health Bill
by admin on November 19, 2013 8:42 pm
As the American population ages and insurers try to rein in costs, the share of health and medical costs that retirees can expect to shoulder is becoming more formidable. A look at estimates of retiree health costs suggests that, if long-term care costs are included, it is not difficult to come up with a situation… Read more 11/19/2013 - You Plan Your Retirement, Then You Get the Health Bill
11/19/2013 - Federal cuts hit seniors who want to live at home
by admin on November 19, 2013 8:40 pm
For seniors desperate to avoid nursing homes, government-funded services such as free rides to doctors’ appointments are key to independent living. But the $80 billion in deep federal budget cuts this year has trimmed many such services, putting seniors more at risk of losing their ability to live at home, according to a survey of… Read more 11/19/2013 - Federal cuts hit seniors who want to live at home