Title: APWU | Watching Your Wallet in 2024
Article Snip: "The Consumer Finance Protection Bureau (CFPB) is a federal agency created to ensure consumers are treated fairly. ...The CFPB is working to save households billions of dollars a year by reducing exploitative junk fees charged by banks and financial companies. ...Find answers to your money questions"
Reference: apwu.orgTitle: What's Medicare Supplement Insurance (Medigap)?
Article Snip: "...Medicare Supplement Insurance (Medigap) is extra insurance you can buy from a private health insurance company to help pay your share of out-of-pocket costs in Original Medicare. Generally, you must have Original Medicare – Part A (Hospital Insurance) and Part B (Medical Insurance) – to buy a Medigap policy. ... Get Medigap basics and Learn what Medigap covers, how it works, and general costs."
Reference: www.medicare.govTitle: Overview of Immigrant Eligibility for Federal Programs
Article Snip: "...Last revised MARCH 2023*
This table provides an overview of immigrant eligibility for the major federal public assistance programs. The programs listed in the table are the following:
Supplemental Security Income (SSI)
Supplemental Nutrition Assistance Program (SNAP)
Temporary Assistance for Needy Families (TANF)
Emergency Medicaid (includes labor and delivery)
Full-Scope Medicaid
Children’s Health Insurance Program (CHIP)
Medicare “Premium-Free” Part A (hospitalization) (Eligibility based on work history.)
Premium “Buy-in” Medicare
HUD Public Housing and Section 8 Programs
Title XX Block Grants
Social Security
Other Federal Public Benefits Subject to Welfare Law’s Restrictions
Benefits Exempt from Welfare Law’s Restrictions
Some states provide assistance to immigrants who are not eligible for federally funded services...."
Title: 2024 Tax Filing Guide: Key Changes and Mistakes To Avoid
Article Snip: "...Each year with tax filing season comes changes and updates. Being aware of these changes is important as you begin your year-end tax planning and gathering information for the preparation of your 2023 tax return. Here’s a look at how certain tax thresholds, deductions and credits will shift for the 2023 tax year: There are seven federal tax brackets, and they will remain the same as 2022 — 10%, 12%, 22%..."
Reference: www.thestreet.comTitle: The Income Gap Jeopardizing Retirement for Millions
Article Snip: "...the inequities between the very bottom and the top of income distribution,” said Jack Chapel, the lead author of the study, an economist and doctoral candidate... “We wanted to look at the middle class, where people are struggling.”
Drawing on data from the national Health and Retirement Study between 1994 and 2018, the researchers found “a bifurcation” among Americans in their mid-50s, he said.
In effect, they now divide into two middle classes: the ..."
Title: Here’s What It’s Like to Retire on Almost Nothing but Social Security
Article Snip: "Four retirees with limited incomes open up about how they make it..."
Reference: www.wsj.comTitle: 92-year-old sets world record with trek across Grand Canyon
Article Snip: "...Alfredo Aliaga Burdio, 92, set a Guinness World Record when he made a 24-mile hike across the Grand Canyon last October. ...Burdio's takeaway from the hike is that it is never too late to try something, even at old age.
"I began living a healthy lifestyle really at age 76," he said."
Title: Writing About Your Life: A Journey into the Past | Paperback
Title: How to register for a LOGIN.gov account
Title: Equal COLA Act Needed as Federal Retirees Continue to Get Different COLA Rates
Article Snip: "Social Security beneficiaries and Civil Service Retirement System (CSRS) retirees are expected to receive a 3.2% COLA for 2024, while Federal Employees Retirement System (FERS) retirees, those hired in 1984 or later, will only see a diet COLA of 2.2%.
That’s because of the way COLA is calculated for FERS.
Under current law, the COLAs for Social Security, CSRS, and FERS are all calculated based on the rate of inflation as measured by..."
Title: Bidenflation Archives
Article Snip: "...From denying inflation and claiming it was “temporary,” to passing the buck with “Putin’s Price Hike,” the White House and congressional Democrats are out of touch with the challenges Americans face. The typical family now has to spend $450 more per month to buy the same goods and services they did a year ago, prompting more Americans to rely on loans and credit cards to make ends meet, even as the Federal Reserve makes borrowing more expensive. ..."
Reference: waysandmeans.house.govTitle: Biden's 2020 Promised Lies for Social Security That Never Happened
Article Snip: "He would expand some benefits while not reducing any, reducing economic hardship. ...Biden would raise benefits for long-term low-wage workers, widow(er)s from dual earner-couples, caregivers, government workers, and long-term beneficiaries. My colleagues and I have long argued for increasing Social Security benefits for people..."
Reference: www.taxpolicycenter.orgTitle: Facing Financial Ruin as Costs Soar for Elder Care
Article Snip: "...daunting life choices — and potential financial ruin — as the escalating costs of in-home care, assisted living facilities, and nursing homes devour the savings and incomes of older Americans and their relatives. “People are exposed to the possibility of depleting almost all their wealth,” said Richard Johnson, director of the program on retirement policy at the Urban Institute. The prospect of dying broke looms as an imminent threat for the boomer generation..."
Reference: nmindepth.comTitle: ‘No greater honor’: Federal retirees proud of public service in survey
Article Snip: "“My dad [imparted to us] from the time we were little on that this nation educated us. This nation gave us all kinds of privileges. With that came responsibilities of giving back as much as you could,” said the second-generation American. Taska Elin, a veteran and a retired federal firefighter of nearly 30 years with the Navy... About 35% worked in defense-related agencies, and a third said they also received veterans benefits..."
Reference: www.federaltimes.comArticle Snip: "...Many baby boomers across the country are now coming to terms with the hard reality that working for your entire adult life is no longer enough to guarantee you’ll have a roof over your head in your later years. ...the over-50 demographic represents half of the homeless single adults in the U.S. — with no sign of their numbers slowing, leaving baby boomers (those aged 57 to 75) particularly vulnerable. “Elderly homelessness has been rare within the contemporary homeless problem. We’ve always had very few people over 60 who’ve been homeless historically. ...older adults on fixed incomes are struggling to scrounge up what they need to cover basic necessities."
Reference: yahoo.comTitle: Learn Origami | Easy Origami: over 30 simple projects
Reference Source: RVerTV
Title: Will the Stock Market Dip Once Boomers Take Out Retirement? Here’s What Experts Say
Article Snip: "...Boomers — individuals born between 1946 and 1964 — represent 21% of the U.S. population, according to Axios. And as The Washington Post reported, from now until 2030, 10,000 baby boomers each day will hit retirement age. In turn, this has had and will continue to have many ramifications for the economy. ..."
Reference: yahoo.com'Leroy Brown was just about to start his career with the United States Postal Service. His first day: Dec. 31, 1955. ...He's still going strong, working in the Los Angeles International Service Center, a USPS processing center. The 90-year-old is in his 70th year of service to the federal government, including a two-year stint in the U.S. Army...Retirement doesn't seem to be in the nonagenarian's plans. He's healthy, he's active, he loves being around other people and, well, he's not really sure what he'd do anyway. "I don't want to turn into a couch potato," Brown said. "I don't just want to sit around in one place."...'