Social Security Benefits

Ron Paul: “Politicians Must Stop Stealing from Seniors and Our Future”

Here’s a great commentary by Congressman Ron Paul. He quotes an economist who says that if the original methodology of CPI had not changed, Social Security checks would be nearly double what they are today!

Ron Paul: There has been a lot of talk in Washington recently about senior citizens, mostly about how various healthcare reform [...]

Social Security Benefits, Social Security Card, Social Security History

Pump Up Your Social Security

A few days ago, CNBC’s Sharon Epperson shares her helpful advice on how to maximize your Social Security benefits.
Reporter: This morning on today’s Fountain of Youth: Maximizing Social Security Payouts. More than 52 million Americans who draw Social Security will not see a cost of living increase next year. But according to US News [...]

Retirement Planning, Social Security Benefits

No Social Security Benefit Increase In 2010

For the first time in 30 years, Social Security recipients in the United States will not receive an annual adjustment in benefits. More than 52 million older Americans depend on Social Security for all or part of their retirement income. As pension funds and the stock market have declined in the last decade, Social Security [...]

Free Money, Social Security Benefits, Stimulus Check

Social Security Confirms: No COLA in 2010!

Prompt Passage of Economic Recovery Act Payment for 2010 Needed
Law Does Not Provide for a Social Security Cost-of-Living Adjustment for 2010
With consumer prices down over the past year, monthly Social Security and Supplemental Security Income benefits for more than 57 million Americans will not automatically increase in 2010.  This will be the first [...]

Free Money, Social Security Benefits, Stimulus Check

No COLA for SS Beneficiaries = Lower Benefits?

There will be no COLA this year because officially there is no inflation. But in reality, many prices — above all healthcare costs — continue to rise.
What is your experience? Are your costs of living going up? Should COLA be redefined so that it is more consistent with reality?

Mr. Shepard Smith: For many, [...]

Save Social Security, Social Security Benefits

Will my Social Security benefits change at full retirement age?

Senior Citizen: I received Social Security disability benefits. Will my Social Security benefits change when I reached full retirement age?
Social Security Representative: The benefit information will change, but you won’t really see it. The interesting thing that some of our clients don’t understand is that Social Security disability is calculated, you know, the amount, [...]

Retirement Planning, Social Security Benefits

Online Application for Social Security Retirement Benefits

Senior Citizen: What type of information will I need to complete my online application for retirement benefits?
Social Security Representative: This is a good time with that last question about retirement age because we’re really encouraging individuals to take advantage of the fact that we have improved our computer access that individuals can go [...]

Social Security Benefits

Social Security Increases for 2010 and 2012 Uncertain; Stimulus Check Coming In 2009

This year’s 5.8% cost-of-living adjustment, the largest increase since 1982 when there was a 7.4% increase, might be the last one until 2012, predicts the Congressional Budget Office.
Though accurate estimates are difficult to make at this moment, the Congressional Budget Office (CBO) envisions that only after 2012 will there be any cost-of-living adjustments and that [...]

Social Security Benefits, Stimulus Check

How long does a person need to work to become eligible for retirement benefits?

Ken Hess: I like to review this question with people just so they get a real good idea that it doesn’t take that long to be vested for their retirement. I like to use the word “vested” because once a person has 10 years of work – it doesn’t haven’t to be all in one [...]

Frequently Asked Questions, Social Security Benefits

Social Security Retirement Age: Making The Right Choice

With prices ever increasing in the public market, and Social Security become more and more of a concern, it isn’t a surprise that many are choosing to opt for benefits at the youngest possible retirement age. But choosing to receive your checks at age 62 could be an extremely bad idea, especially if you are [...]

Retirement Planning, Social Security Benefits, Social Security Tips