...providing retirement news snippets from various sources for federal employees, postal employees, seniors, veterans, and people with disabilities who receive Social Security . Your resource for retirement living, investment, employment, health care, and retirement leisure. - Stay Informed!
Title: Can this civil service retiree get Social Security benefits?
Article Snip: "...currently retired from United States Postal Service under Civil Service, so I didn’t pay into Social Security the whole time. I did before that job, and I’m four credits short for Social Security. However, my wife collects on disability. Can I possibly get my credits through her?..."
Reference: www.nj.comTitle: TSP Two-step authentication mandatory before the end of 2019
Article Snip: "...You can avoid interruption to your account access by adding these security features in your My Account Profile Settings now..."
Reference: www.tsp.govTitle: Best City to Live in Every State
Article Snip: "...The majority of the cities on this list are relatively wealthy. Valley, Alabama is an exception. The typical household in Valley earns just $39,387 a year, about $5,000 less than the typical Alabama household. Still, serious financial hardship is less common in Valley than in Alabama as a whole as 15.7% of area residents live below the poverty line, well below the 18.4% state poverty rate. Valley residents also benefit from a low cost of living as goods and services are about 6% less expensive in the city than they are nationwide on average. Valley is a pilot city for the Alabama Communities of Excellence program, a non-profit that partners with governments, businesses, and universities to prepare participating communities for a more vibrant future..."
Reference: 247wallst.comTitle: States Where People Live the Longest
Article Snip: "...To identify the states where people are expected to live the longest, 24/7 Wall St. reviewed life expectancy at birth figures for 2010-2015 obtained from the National Association for Public Health Statistics and Information Systems (NAPHSIS) and the Robert Wood Johnson Foundation (RWJF)..."
Reference: 247wallst.comTitle: United States Life Tables, 2008
Article Snip: "...Objectives — This report presents complete period life tables for the United States by race,Hispanic origin, and sex, based on age - specific death rates in 2008..."
Reference: www.cdc.govTitle: Life Tables for the United StatesSocial Security Area1900-2100
Article Snip: "...Actuarial Study No. 120 displays life tables based on historical and projected mortality in the area covered by the United States Social Security program. This projected mortality was used in estimating the future costs for the Old-Age, Survivors, and Disability Insurance (OASDI) program included in the2005 Report of the OASDI Board of Trustees to Congress. A web address for this and other Actuarial Studies is www.socialsecurity.gov/OACT/NOTES/actstud.html.The historical calendar year life tables in this study differ from those published by the National Center for Health Statistics (NCHS). NCHS prepares U.S. Decennial Life Tables based on the decennial census of population and deaths for a three year period containing the census year..."
Reference: www.ssa.govTitle: Why Delaying Social Security Benefits Could Be a Costly Mistake
Article Snip: "...Determining whether it's wiser to claim early or delay benefits comes down to your life expectancy. If you have health issues or other reason to believe you won't spend a long time in retirement, waiting to claim benefits may not make financial sense. For example, if you live until, say, age 75, you'll likely receive much more in benefits overall if you were to claim as early as possible at 62 rather than wait until age 70..."
Reference: madison.comTitle: Here's How Having A Pension Affects Your Social Security Benefits
Article Snip: "...The WEP may impact your retirement income if you qualify for both a pension and Social Security benefits. The WEP has been an ongoing source of debate among lawmakers. It was initially implemented to add fairness to the Social Security benefit calculation. But now lawmakers aren't so sure it's fair enough..."
Reference: madison.comTitle: Will The Maximum Social Security Benefit Increase In 2020?
Article Snip: "...There is some good news and some bad news for workers near the top of the Social Security payroll tax levels. For 2019, the top-level is $132,900 or more. The bad news is that more of your income will get hit with Social Security taxes in 2020..."
Reference: www.forbes.comTitle: Retire Before 40?! 10 Towns Where Your Dream Can Come True
Article Snip: "...#1 is Huntsville, Alabama, Average salary: $54,630**, Percentage of high-paying jobs: 28.1%, Median home sale price: $202,900. This Southern city is anything but sleepy, since it serves as home to the NASA Marshall Space Flight Center, the U.S. Army’s Redstone Arsenal, and offices for Lockheed Martin, Boeing, and Northrop Grumman. With such aerospace, defense, and tech heavyweights in the area, Huntsville is famed for its educated workforce and sky-high wages to go with it. Paired with Huntsville's low home prices and a cost of living 3.3% lower than the national average..."
Reference: www.chron.comTitle: Federal Retirees Will Get 1.6% COLA in 2020
Article Snip: "...Retired federal workers will receive a cost of living adjustment of 1.6% to their defined benefit pensions next year..."
Reference: www.govexec.comTitle: Watch for These 9 Signs of Identity Theft
Article Snip: "...contact the three major credit bureaus, Equifax, Experian and TransUnion, to request a credit freeze on your accounts. Also known as a security freeze, this helps prevent new accounts from being opened in your name. A credit freeze is free and won’t affect your credit score..."
Reference: www.msn.comTitle: Elizabeth Warren’s new plan calls for tax hike on wealthy to pay for Social Security overhaul
Article Snip: "...Sen. Elizabeth Warren is calling for the wealthy to pay for an overhaul of Social Security that would boost the annual payment to retirees by $2,400 and extend the program’s solvency by two decades..."
Reference: www.chicagotribune.comTitle: Top Retirement Strategies for Government Employees
Article Snip: "...Retirement planning is different if your career has been as a government employee. The mainstream advice about 401(k) plans and Social Security benefits doesn’t apply to you. Here’s a look at the top strategies for government employees to plan for a successful retirement..."
Reference: www.investopedia.comTitle: Should You Carry Your Mortgage Into Retirement?
Article Snip: "...there can be some drawbacks. Carrying a mortgage in retirement can be a good idea in certain situations, but it is certainly not a one-size-fits-all solution for increasing retirement income..."
Reference: www.investopedia.comTitle: Baby Boomers: Don't Buy Into These 10 Pre-Retirement Investment Myths
Article Snip: "...As Baby Boomers approach retirement, they may encounter a lot of so-called “expert” advice telling them how to invest just before or during their golden years. While some of this guidance is sound, other tips are myths that may, in fact, steer investors in the wrong direction..."
Reference: www.forbes.comTitle: What You Don't Know (But Should) About Your Thrift Savings Plan
Article Snip: "...federal employees and members of the military save for retirement with a different kind of account: the Thrift Savings Plan, or TSP. In some ways, TSPs function similarly to 401(k)s. You make contributions, and your..."
Reference: www.forbes.comTitle: What's a Roth 401(k)? The other employer-based retirement plan that lets your savings grow tax free
Article Snip: "...The Roth 401(k), like a Roth IRA, lets you build a nest egg that grows tax-free, but relatively few workers take advantage of this opportunity..."
Reference: www.nbcnews.comTitle: The 10 Worst US States for Opportunity
Article Snip: "...The Alabama State is ranked 3rd worst in opportunities mainly due to poor remuneration for employees. The workforce earns below the national average per household.Allocation to public schools is lesser than in other states. Crime rates are comparatively higher. The recent job growth is about 0.04% while the cost of living index is at 91.2. Alabama is ranked 48th in economic opportunities though in terms of affordability it is ranked 17th..."
Reference: www.worldatlas.comTitle: Alabama next to last in US News ranking of best and worst states
Article Snip: "...Alabama ranked last among the states in the education category. Its other rankings were..."
Reference: www.al.comeverify Social Security Lock | Protect Yourself From The Foreign Invasion Snippet of Article: "...Self Lock is the unique feature...