Archive for February, 2009
How Do I Get A Replacement Social Security Card?
A Social Security Card is a vital part of any U.S. resident’s and citizen’s life. It is a very important document that has to be kept safe from identity thieves who might use your information to bankrupt you. A replacement Social Security Card can be received only 3 times a year and even that only [...]
Focus On Strengthening Social Security, Not Cutting It
The National Committee to Preserve Social Security and Medicare recently held an event on “Commissions, Cuts and Crisis Calls”. Over the next few days we will post recordings of some of the exciting and informative speeches that took place at the event.
BARBARA B. KENNELLY: Good morning. Thank you all for coming out here this morning [...]
Social Security Tips: Taxes on Social Security Benefits
“Social Security was first started by Franklin Delano Roosevelt, one of our greatest presidents in the United States, and it was meant as a benefit, not to be taxed to the American public. However, basically in the ’80s, 1981, taxes occurred at a 50% level when individuals met certain benchmarks, and in 1993 under the [...]
Fewer Americans Expect To Retire, But Most Are Confident
Scottrade recently commissioned a 2009 American Retirement Study for studying retirement plans and generational differences in financial planning. They sampled 1000 Americans aged 18 years or above for this study.
Following their study, Scottrade concluded that only 32% of respondents, 7% less than that in 2008, expected to fully retire at their retirement age. They also [...]
Why Doesn’t Obama Talk About Social Security?
The recent address to Congress by President Obama, in order to explain the need and function of the US Stimulus left supporters on both sides reassured, and opposition uneasy (and at times openly confrontational). But according to Neil H. Buchanan, it did more to show Obama’s strengths and weaknesses then it did to outline an [...]
Social Security Administration Targets Young Workers
A new program has been launched by the Social Security Administration, aimed at teaching the young work force about the importance of saving, investing, and preparing for retirement. It focuses mainly on small steps that can be taken to increase the amount of retirement funds available to them in the future, apart from benefits from [...]
Social Security Disability Insurance Recipients To Get Extra $250 By Summer
Belleville, Ill – Social Security Disability Insurance recipients can look forward to receiving a one-time $250 bonus payment by early summer, according to Allsup, which represents tens of thousands of people in the Social Security Disability Insurance (SSDI) process each year. The American Recovery and Reinvestment Act of 2009, recently signed by President Obama, launches [...]
Obama Backtracks on Social Security Reform
It’s no secret that many Republicans are hopeful of bipartisan reforms that would reduce benefits and raise the eligibility age. Therefore, even though they appreciated President Obama’s address on Tuesday night about deficit reduction and personal responsibility, they were livid with him for making just a passing reference on Social Security reforms.
Republican Senate Minority Leader [...]
A Social Security Tale That’s Sad, Funny And Scary At The Same Time
WOMAN IN GLASSES: I want to tell a tale, a true tale, a true story; something that happened, it’s kind of sad but kind of funny and kind of scary all at the same time.
My friend used to live here with hubby and I and he’s retired and he gets Social Security benefits. He [...]
$250 Stimulus Check For Social Security Recipients: Important News
The Social Security Administration released the following update:
“Social Security’s Economic Recovery One-Time Payments Information Page
President Obama recently signed the American Recovery and Reinvestment Act of 2009. This act provides for the one-time payment of $250 to individuals who get Supplemental Security Income (SSI) or Social Security benefits.
We expect everyone who is entitled to [...]
