Tuesday, January 31, 2023

More than $5.4 billion in Covid loans went to applicants using 'questionable' Social Security numbers, watchdog says

Title: More than $5.4 billion in Covid loans went to applicants using 'questionable' Social Security numbers, watchdog says

Article Snip: "...The numbers were either not issued by the U.S. government or "did not match the name and/or date of birth information provided … suggesting potential identity fraud.”..."

Reference: www.nbcnews.com
Fraud, Social Security,

Thursday, January 26, 2023

How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor (Paperback)

Title: How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor (Paperback)

How to Retire Happy, Wild, and Free: Retirement Wisdom
Article Snip: "...How to Retire Happy, Wild, and Free offers inspirational advice on how to enjoy life to its fullest. The key to achieving an active and satisfying retirement involves a great deal more than having adequate financial resources; it also encompasses all other aspects of life -- interesting leisure activities, creative pursuits, physical well-being, mental well-being, and solid social support. World-class author..."

Reference: Amazon
"How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won't Get from Your Financial Advisor Paperback",books for federal retirees,Amazon, Gifts for Retirees,


What is ‘Ozempic face’? Doctors warn about facial ageing side effect of diabetes medications

Title: What is ‘Ozempic face’? Doctors warn about facial ageing side effect of diabetes medications

Article Snip: "“Weight loss may turn back your biological age, but it tends to turn your facial clock forward,” one dermatologist says ...Doctors are warning individuals who have turned to diabetes medications to lose weight that the drugs may result in unwanted side effects such as facial ageing. In recent months, injectable prescription medications such as Ozempic, Mounjaro and Wegovy, which were created for those with type 2 diabetes, have seen a rise in popularity among individuals who view the drugs as a quick-fix weight-loss method. ..."

Reference: www.independent.co.uk
Aging, Medication, Ozempic face, Diabetes Medications,Weight loss,


When can I download my 1099r tax form?

Title: When can I download my 1099r tax form?

Article Snip: "The 2022 '1099R Statements of Annuity Paid' are now available. ..."

Reference: Federal Retiree
Taxes for Federal Retirees,1099-R,Postal Retirees,


Sunday, January 22, 2023

Trump: ‘Under no circumstances’ should Republicans cut Social Security or Medicare

Title: Trump: ‘Under no circumstances’ should Republicans cut Social Security or Medicare

Article Snip: "...“Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security to help pay for Joe Biden’s reckless spending spree, which is more reckless than anybody’s ever done or had in the history of our country,” Trump said in a recorded video statement posted to Truth Social. The former president, who in November launched a 2024 White House campaign, called for cuts to a slew of other areas, including funding for “corrupt foreign countries,” “climate extremism,” “left-wing gender programs from our military” and “waste, fraud and abuse everywhere we can find it.”..."

Reference: yahoo.com
Trump and Social Security,debt ceiling,Democrats will force Republicans to Shutdown Government on Debt Ceiling Fight, Democrat Pork and the Debt Ceiling,

How early can I apply if I want to draw Social Security at age 62?

Title: How early can I apply if I want to draw Social Security at age 62?

Article Snip: "...You can apply for retirement benefits up to four months before you want to start receiving your benefits. Even if you are not ready to retire, you still should sign up for Medicare three months before your 65th birthday. ..."

Reference: ssa.gov
How early can I apply if I want to draw Social Security at age 62?

How many years must you have worked to apply for Social Security benefits?

Title: How many years must you have worked to apply for Social Security benefits?

Article Snip: "...The Social Security Administration was established in 1935 to provide financial support for retired workers who contributed to the program through taxes on earned income. Additional programs have been added over the years to cover benefits for disability, survivors and those with limited financial means. While the standard amount of credits a worker must obtain to apply for retirement benefits is 40, each program has its own requirements. Here’s a look at how long you need to work in order to qualify for Social Security benefits. ..."

Reference: as.com
Social Security

Friday, January 20, 2023

What is the federal government's new retirement program?

Title: What is the federal government's new retirement program?

Article Snip: "...Under the new program, the federal government will deposit a 50% match on up to $2,000 of a worker’s contribution to a workplace or individual retirement account — a maximum of $1,000 per person. Eligibility is based on income, and the match is reduced over certain limits. ..."

Reference: www.seattletimes.com
federal government's new retirement program, Saver’s Credit,Secure 2.0,


Monday, January 16, 2023

Want that $7,500 EV tax break? Why buyers need to talk with an accountant and not just a car dealer

Title: Want that $7,500 EV tax break? Why buyers need to talk with an accountant and not just a car dealer

Article Snip: "...Consumers considering electric vehicles, solar panels or other home energy efficiency upgrades should do some tax planning before making big-ticket purchases ...Want that $7,500 EV tax break? Why buyers need to talk with an accountant and not just a car dealer /tt>"

Reference: www.marketwatch.com
Tesla, Tax Credit, EV tax break,Taxes in Retirement,


Sunday, January 15, 2023

Which state is the worst to retire? You guessed it, California

Title: California ranked one of the worst places in US to retire, study says

Article Snip: "...Blacktower Financial Management Group ranked every state in the U.S. based on several factors, including cost of living, crime, and life expectancy. ..."

Reference:
Worst State to Retire (California),


Friday, January 13, 2023

Average Retirement Income 2022: How Do You Compare?

Title: Average Retirement Income 2022: How Do You Compare?

Article Snip: "...The numbers you will review below represent both mean (average) and median income. Median income is closer to the reality for most households of retirement age. ...Average Household Retirement Income 2022 is $...down from $56,632 in 2019..."

Reference: www.newretirement.com
Median vs Mean,Average Household Retirement Income 2022,


Saturday, January 7, 2023

Oversight of Federal Employment, Retirement Issues Ahead

Title: Oversight of Federal Employment, Retirement Issues Ahead

Article Snip: "...“Republicans will return the Oversight Committee to its primary duty to root out waste, fraud, abuse, and mismanagement in the federal government and hold the Biden Administration accountable,” he said in a statement. Those priorities will include, he said, Biden family business dealings, immigration, the origins of Covid-19, the withdrawal from Afghanistan and how pandemic relief funds were spent. Not a word about federal employees and retirees, except indirectly in a reference to making the government “more efficient, effective, transparent, and accountable to the American people.”..."

Reference: www.fedweek.com
Biden family business dealings, Hold the Biden Administration accountable, Immigration ,retirees,