Social Security and Medicare Face Financial Challenges

How Social Security and Medicare will be affected by the COVID-19 pandemic is still uncertain; the Trustees acknowledge that the estimates and analysis included in the reports do not reflect the potential effects. Social Security Trust Funds The Social Security program consists of two parts, each with its own financial account (trust fund) that holds … Read more

Give and Take

Lots of important financial announcements came down from the government this week that should be of interest to retirees and those looking to retire in the near future. As usual with Washington, there’s some good news and some bad news. Here’s a quick look… For those who are still working and can contribute to some … Read more

To Claim or Not To Claim

“What’s the harm in that?” you might well ask. These folks have worked hard all their lives, they’ve paid into Social Security for all their working years and they deserve to get some of that hard earned cash back in the form of a government pension. What does it mean to take an early Social … Read more