social security

Tom: Good morning, Mellody! Mellody: Good morning, Tom! Tom: This morning for Money Monday you are going to give us a heads up on some changes…

Tom: We have social security on tap for our listeners today, correct? Mellody: We certainly do. As most people know, social security is the primary…

Did you know that McDonald’s and WalMart have the highest employment rate of elderly people? I know you’ve seen them: greeting at the door, checking your returned items, slowly taking your order at the drive-thru window, cashiering.  Will that be you?  Will you have to work during your retirement years? Sadly, most people will not be […]

Have you ever read your Social Security statement?  Most of my clients say, “No”.  Many people simply get it in the mail and stash it in the pile of papers for shredding at best or toss it in the trash as soon as it arrives.  But the reality is, you need to know what it tells […]

Between 1946 and 1964, there were 76 million children born, which was an average of more than 4 millionaire births per year.  That growth surge was coined, the “baby boom” generation.  They became known as risk takers, job starters, law changers and more.  They paved the way for their future families to have abundantly more than they.  […]

I took on this writing assignment, not to color the page with a bunch of financial mumbo-jumbo but to offer you me…to show you the who, what, when, why and where.  To teach you things that most won’t so that you can have what others don’t.  This platform is my opportunity to share what I […]

People retiring today are part of the first generation of workers who have paid more in Social Security taxes during their careers than they will receive in benefits after they retire. It’s a historic shift that will only get worse for future retirees, according to an analysis by The Associated Press. Previous generations got a […]

Money

The trust funds that support Social Security will run dry in 2033 — three years earlier than previously projected — the government said Monday. There was no change in the year that Medicare’s hospital insurance fund is projected to run out of money. It’s still 2024. The program’s trustees, however, said the pace of Medicare […]

News

Starting next year, the check will no longer be in the mail for millions of people who receive Social Security and other government benefits. Read:Are You Paying More In Taxes Than You Should? The federal government, which issues 73 million payments a month, is phasing out paper checks for all benefit programs, requiring people to […]