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New Congress Likely to Attempt Federal Pension Reform; What Should Federal Workers Expect?

The New Congress has already proved it has its eye on retirement benefits. But even with lawmakers’ eyes locked on Social Security, there may be federal pension changes coming down ...
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When Should You Give Out Your Social Security Number?

Alan Prahl of the Financial Information and Service Center recently wrote a column diving into a common question: under what circumstances should people give out their Social Security ...
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Should Retirees Be Concerned With the New U.S. Congress? Experts Weigh In

What does the new Congress have in store for retirees in 2015? Before the legislative session began, many observers thought entitlement reform would be inevitable in a Republican-controlled ...
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Retirement Benefits May Soon Be Exempt From Taxation in Rhode Island

One of Rhode Island’s top lawmakers says he is making it a priority to exempt retirement benefits from the state income tax. House Speaker Nicholas Mattiello has proposed a bill ...
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Watch Out For This Dating Scam Targeting Seniors

The Better Business Bureau (BBB) says a dating scam has surfaced in the last few months that targets seniors. The scam involves a dating service that promises to make a relationship ...
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Dispelling the Myth: For Many, Retirement Doesn’t Mean Lower Taxes

In a recent column, wealth manager Montgomery Taylor (CPA, CFP) has a simple message for soon-to-be retirees: don’t assume your tax burden will fall when you enter retirement. Taylor ...
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A History of the Social Security COLA

Social Security recipients will receive a 1.7 percent cost-of-living adjustment (COLA) in 2015. The COLA is designed to protect benefits against inflation – but that protection hasn’t ...
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Complete These Six Steps to Calculate Your Retirement Budget

The Wall Street Journal asked retirement experts to weigh in on the best New Year’s resolutions for soon-to-be retirees. Perhaps the most interesting was the idea of calculating ...
What Happens to Your Disability Benefit When You Reach Full Retirement Age?

Lawmakers: Social Security Administration’s Response to Physician-Assisted Fraud Is “Woefully Insufficient”

Two top-ranking Republican lawmakers are drawing attention to a recent report from the Government Accountability Office (GAO) that details how the Social Security Administration’s ...
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Senate Hearing Explores Strengthening Social Security For Women

The Senate Finance Committee held a hearing on Tuesday titled “Social Security: Is a Key Foundation of Economic Security Working for Women?” The hearing explored how Social ...
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