Article Snip: "...The Senior Citizens League increased its 2025 COLA forecast to 2.66% following the most recent inflation reading for April. That's an increase from earlier forecasts of 1.4% in January, 1.75% in February, and 2.6% in April. Still, many retirees may find the latest forecast surprising. Here are three reasons why. ..."
Reference: yahoo.comThursday, May 30, 2024
3 Reasons Retirees Could Be Surprised by the Most Recent 2025 Social Security Cost-of-Living Adjustment (COLA) Forecast
Sunday, May 26, 2024
How Technology Can Help Retirees Age in Place
Title: How Technology Can Help Retirees Age in Place
Article Snip: "Tech has solutions to enable people to safely stay in their homes at a time when few want to enter nursing homes. ...“Technology has an array of uses that are really going to help people retire in almost a different way,” says Kathleen Cameron, senior director of the National Council on Aging’s Center for Healthy Aging. ..."
Reference: www.kiplinger.comFriday, May 24, 2024
Destruction of the American Retiree | Stocks Retreat After Fed Minutes Show Uncertainty Over Inflation
Title: Stocks Retreat After Fed Minutes Show Uncertainty Over Inflation
Article Snip: "...Stocks fell Wednesday after minutes from the Federal Reserve’s latest policy meeting showed concerns about persisting inflation and cast more doubt on when officials might cut interest rates. The S&P 500 declined 0.3% and the Nasdaq Composite edged 0.2% lower after ..."
Reference: Wall Street JournalWednesday, May 22, 2024
Medicare Part B Covers A Bone Mass Measurement Once Every 24 Months or More Often If Necessary
Title: Bone mass measurements - Your Medicare Coverage
Article Snip: "...Your costs in Original Medicare? You pay nothing for this test if the doctor or other health care provider accepts assignment. ...Your doctor or other health care provider may recommend you get services more often than Medicare covers. Or, they may recommend services that Medicare doesn’t cover. If this happens, you may have to pay some or all of the costs. Ask questions so you understand why your doctor is recommending certain services and if, or how much, Medicare will pay for them."
Reference: www.medicare.govAfter Gas Prices Climb Again, Biden AGAIN Robs Our Gas Reserves (strategic reserves) to Temporarily Lower Prices So He Can Tout 'Lower Gas Prices'
Title: Trump Blasts Biden for Releasing Gas Reserves
Article Snip: "He's destroyed everything we had. We were energy independent. We were shortly going to be energy dominant, and now we have to go into what's called the strategic reserves. ...Under Biden, energy costs, especially the price of electricity, are up nearly 30%, according to a Wall Street Journal analysis of data from the Bureau of Labor Statistics. Electricity prices are up 29.4% since January 2021 and have risen 13 times faster than the previous seven years, the analysis found. "
Reference: www.newsmax.comTuesday, May 21, 2024
What Risks Do Near Retirees and Retirees Face from Inflation
Title: What Risks Do Near Retirees and Retirees Face from Inflation
Article Snip: "...High inflation tends to harm older households, but the size of the impact varies due to three factors: the extent to which income and assets...retirees are hurt more than near retirees as, outside of Social Security, their income is less indexed to prices and they hold less debt. ..."
Reference: crr.bc.eduFollowing Biden's Inflation lies, Senator Blackburn’s inflation fact sheet corrects the purposeful misrepresentations
Title: Blackburn Releases Inflation Fact Sheet Following Biden Lies
Article Snip: "...U.S. Senator Marsha Blackburn (R-Tenn.) released a fact sheet on the “True Cost of Bidenflation” in response to President Biden’s repeated dishonesty about his economic record. Under the Biden administration, inflation hit its highest rate in 41 years, and prices across the board are up nearly 20%. ...While the inflation rate is only up 3.4% over the past year, prices are up nearly 20% across the board since President Biden took office."
Reference: www.blackburn.senate.govFriday, May 17, 2024
Updated 2025 Social Security COLA Estimate Released
Title: Updated 2025 Social Security COLA Estimate Released
Article Snip: "...Mary Johnson, former Social Security and Medicare analyst for nonprofit Senior Citizens League, and still follows COLA changes, suggested that for 2025, it could jump 3.2 percent, higher than the forecast she provided last month of 3 percent, according to MarketWatch. The outlet pointed out that the official COLA for next year will be made public in October by the government. ..."
Reference: www.newsweek.comMonday, May 13, 2024
I’m a doc — and this embarrassing health issue is actually very common
Title: I’m a doc — and this embarrassing health issue is actually very common
Article Snip: "...frequent urination is surprisingly common — and not talked about enough. The health issue affects as many as 30% of men and 40% of women. And although treatment options exist, many people may not reach out to their doctor. ..."
Reference: nypost.comSaturday, May 11, 2024
76% of Americans feel it's a bad time to buy a house: Gallup
Title: 76% of Americans feel it's a bad time to buy a house: Gallup
Article Snip: "...the 30-year fixed mortgage rate still sits above 7%. Meanwhile, according to a Gallup Poll, 76% of Americans feel it is a bad time to buy a home. ..."
Reference: finance.yahoo.comWednesday, May 8, 2024
Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors
Article Snip: "...cope with the runaway inflation of earlier this decade and the continued high prices for food, housing, utilities and other necessities.
That’s forcing more of them to spend their emergency savings, carry debt on credit cards or apply for assistance programs, according to The Senior Citizens League, a nonpartisan public education and advocacy group. ...senior citizens are often in a more difficult predicament because many live off fixed incomes. Many depend heavily on Social Security – some 42% of elderly women and 37% of elderly men rely on the monthly payments"
Friday, April 26, 2024
Cannabis Use Linked to Epigenetic Changes, Study Reveals
Title: Cannabis Use Linked to Epigenetic Changes, Study Reveals
Article Snip: "...Using cannabis may cause changes in the human body's epigenome, a study of over 1,000 adults suggests. The epigenome functions like a set of switches, activating or deactivating genes to change how our bodies function.
"We observed associations between cumulative marijuana use and multiple epigenetic markers across time," Lifang Hou, a preventative medical doctor and epidemiologist from Northwestern University Feinberg School of Medicine explained in July 2023.
Cannabis is a commonly used substance in the United States, with 49 percent of people ..."
Reference: www.sciencealert.com
Thursday, April 18, 2024
Dave Pascoe | I’m 61 but have the body of a 38-year-old — here’s how I biohacked the aging process
Title: Dave Pascoe | I’m 61 but have the body of a 38-year-old — here’s how I biohacked the aging process
Article Snip: "...Dave Pascoe, who hails from Michigan, is a retired network-security engineer and a “full-time biohacker” devoted to turning back his genetic clock.
On his website, the age-defying singleton shares his elaborate exercise and diet plans, claiming that he takes a whopping 158 supplements per day. ..."
Saturday, April 13, 2024
OPM Video | A Quick Guide to the Federal Retirement Process
Title: OPM Video | A Quick Guide to the Federal Retirement Process
Article Snip: "...The Retirement Quick Guide walks you through what to expect as your retirement application is processed and your benefits are determined. Federal employees can see an outline of the steps they should take prior to retirement, as well as links to more information about different benefits..."
Reference: www.youtube.comSunday, March 31, 2024
Federal Register Notice Relating to a U.S. Postal Service Web Site Called keepingposted.org
A Notice by the Postal Service on 02/22/2013
Title: Federal Register Notice Relating to a U.S. Postal Service Web Site Called keepingposted.org
Article Snip: "The U.S. Postal Service has a Web site called keepingposted.org available for retired USPS employees who want to stay connected with postal news, events and people. This site also provides links to other retirement resources and services. ...
II. Rationale for Changes to USPS Privacy Act Systems of Records
The Postal Service wants to contact postal retirees to make them aware they can find on the Keeping Posted Web site up-to-date news and information about the organization, messages to retirees from the Postmaster General, as well as continuing federal retiree benefit information. ..."
Friday, March 29, 2024
Legislation to Protect Retirees From ESG Investing in Retirement Plans Resurfaces
Title: Legislation to Restrict ESG Investing in Retirement Plans Resurfaces
Article Snip: "...Retirement plans, like 401(k)s, that are tax-advantaged to help individuals save for retirement should be managed to maximize return, not to invest in risky holdings like those propped up by ESG factors,” Rep. Murphy said in a statement. “Americans' nest eggs should be built on a solid foundation that confers the greatest growth probability, not investments that are unstable and whitewashed with fake ethical and sustainability scores. ..."
Reference: www.asppa.orgMonday, March 25, 2024
I paid my 40 quarters, why is my social security benefit reduced?
Title: I paid my 40 quarters, why is my social security benefit reduced?
Article Snip: "...While your annuity cannot be reduced, any Social Security benefit you are entitled to will be affected by the Windfall Elimination Provision. The WEP reduces that benefit if you have fewer than 30 years of substantial earnings under Social Security. For a full explanation of the WEP and how it will affect you, go to https://www.ssa.gov/pubs/EN-05-10045.pdf . ..."
Reference: www.federaltimes.comSunday, March 24, 2024
Cost of Renting vs. Owning a Home in Every State
Title: Cost of Renting vs. Owning a Home in Every State
Article Snip: "According to conventional financial wisdom, it’s more cost-efficient to own a home than to rent one. But with high home prices across the U.S., is that still the case?...To find out the more affordable housing option, GOBankingRates analyzed the average price of renting versus owning a home in all 50 states, plus the District of Columbia. The study found that in the majority of states, it is..."
Reference: yahoo.comIn Denver, migrants can buy both a basic social security card and a green card for approximately $100-$150
Article Snip: "Illegal Aliens in Denver and New York City Purchasing Fraudulent Social Security Cards...Top destination choices for illegal aliens due to their sanctuary policies – are experiencing an uptick in illegal aliens purchasing fraudulent social security cards...This uptick is concerning given it signals both a growing amount of identity fraud perpetrated on Americans and the use of these numbers to illegally obtain jobs. In New York City, where nearly 180,000 illegal aliens have entered since 2022, criminals with ties to MS-13 and the 18th Street gang are openly selling social security cards to migrants on street corners in Queens."
Reference: finchannel.comSocial Security Administration (SSA) has set up a process whereby noncitizens can apply for a Social Security ...
Article Snip: "...The Social Security Administration (SSA) has set up a process whereby noncitizens can apply for a Social Security number as part of the immigration process. Typically, immigrants will simultaneously apply for both a Social Security number and work authorization...what qualifies a person for Social Security benefits, and how non-citizens and immigrants can oftentimes participate. ...Immigrants who have work permits — or those who acquire lawful permanent resident status — can qualify for Social Security benefits in the same manner as U.S. citizens. ...important note for immigrants is that if you have worked in a country that the U.S. has a “totalization agreement” with, you may be able to use your foreign work credits to help qualify for U.S. Social Security."
Reference: yahoo.com