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| 2015 Social Security Increase |
Title: How to Make Early Retirement a Reality
Article Snip: "...Despite the total cost of a couple’s healthcare in their last 20 years being $215,000, the average savings of a 50-year-old is less than $44,000 – which equates to a total of $88,000 for retirement between a couple. This is far less than enough to cover half of the medical bills they will receive between age 65 and 85, and does not begin to account for housing, food, or any of the other necessities of a comfortable life..."
Reference: www.fedsmith.com |
| Long-Term Care Planning (Amazon) |
comes in. This comprehensive guide gives you questions to ask yourself and others about how best to achieve your goals, whether you have immediate needs or can take some time to sort out the possibilities. The book Covers home modifications so that you can stay at home safely for as long as you like
Lays out the opportunities and costs associated with independent living, assisted living, and other options
Gives you a range of driving and transportation alternatives
Sorts out the various sources of care at home
Helps you navigate the healthcare system
Reviews the legal documents you should prepare and update
Helps you determine whether you need long-term care insurance
Offers checklists and other resources to help you make decisions
Gives you guidance on how to talk to your family about sensitive issues
If you're looking for trusted information on how to prepare for the future care needs for yourself or a relative, this sensitive, realistic, and authoritative guide will start you on the right road...."Title: Is my Social Security check fair?
Article Snip: "...A widow(er) who has contributed to the Social Security system for years could lose his or her benefits if spousal benefits are higher than his or her own retirement benefit. Is that fair, readers ask..."
Reference: www.pbs.orgTitle: Why one-third of Americans aren't saving for retirement
Article Snip: "...a significant swath of those on the cusp of retirement haven't put anything away, including 14 percent Americans 65 and older and over a quarter (26 percent) of Americans between ages 50 and 64. ..."
Reference: www.csmonitor.comTitle: Sign up for a my Social Security Account
Article Snip: "...One of the best tools for planning a secure retirement is waiting for you at www.socialsecurity.gov: a my Social Security account. When you create your personal my Social Security online account, you will be able to get your online Social Security Statement, review your lifetime earnings history (and catch any errors while it is easier to fix them), see estimates of your future benefits, and more—important information that can help you plan and save for greater peace of mind. Opening a my Social Security account online is quick, safe, free, and easy. It takes only minutes. Go to the Social Security website at www.socialsecurity.gov and click on my Social Security...."
Reference: blog.usa.gov |
| 2015 Retiree COLA Update |
Article Snip: "...when searching for the best place to retire from the Armed Forces, there are several economic, social, and health care factors for a veteran to take into account. WalletHub, a personal-finance network, this week released a survey ranking the states and the District of Columbia as places for military retirement..."Title: How Much is the Maximum Annuity Supplement?
Article Snip: "...The procedure for calculating the supplement is clearly spelled out in Chapter 51 of the CSRS & FERS Handbook. However, the explanation and instructions are 40+ pages in length. Summarized, you must..."
Reference: www.fedsmith.comTitle: You May Be Better Off Than You Think
Article Snip: "...Under FERS, 40 years of service (I know, no one has this much service under FERS yet), would provide either 40 percent or 44 percent (if you’re 62 or older with more than 20 years of service) of your high-three. In addition, you’ll be entitled to Social Security or the FERS Supplement...."
Reference: www.govexec.com |
| Hagel wants you to pay more |
Article Snip: "...We cannot break our promise to our seniors. These are benefits they earned over a lifetime. Our parents and grandparents put their faith in us, and we will not let them down. Please use this link to send a message to the president...."Title: Military Retirement Cuts: Prelude To Coming Social Security Changes
Article Snip: "...bipartisan budget that scales back cost of living adjustments for working age military retirees starting in 2015. Several sources including Military.com suggests that qualified participants could lose between..."
Reference: www.forbes.comTitle: Kaiser recognized for federal employee health plans
Article Snip: "...Kaiser Permanente Hawaii’s health care plan for federal employees has been recognized as “Exemplary,” the highest possible rating, by the U.S. Office of Personnel Management, administrator of the Federal Employee Health Benefit Program...."
Reference: westhawaiitoday.comTitle: CEOs with Massive Retirement Fortunes Push Social Security Cuts
Article Snip: "...largely behind the scenes: Business Roundtable and Fix the Debt, corporate lobbies that use deficit fear-mongering to sell benefit cuts. These groups are made up of CEOs of America’s largest corporations—people with retirement accounts that are more than 1,000 times as large as those of the average Social Security beneficiary...."
Reference: www.thenation.comTitle: Labor puts Dems on notice: Don’t touch Medicare and Social Security benefits
Article Snip: "...“We are opposed to Social Security, Medicare, and Medicaid benefits cuts. Period,” Silvers told me. “There will be no cover for members of either party who vote for such a thing.”..."
Reference: www.washingtonpost.com |
| 2014 Social Security COLA |
Title: Medicare Choices
Article Snip: "...Little is more confusing for employees and retirees than the decisions that must be made when you become eligible for Medicare. Let's look at two scenarios to see how Medicare and Federal Employees Health Benefits Program can fit into one picture. ..."
Reference: www.govexec.comTitle: Retirement-eligible? Know your RIF options
Article Snip: "...options available to employees who are eligible to retire when facing a RIF..."
Reference: federaltimes.comTitle: The High Cost to Your Family of Filing for Social Security at 62, Even If You Need the Money
Article Snip: "...Even if you really need the money, consider picking up another job or downsizing before starting your Social Security benefits early...."
Reference: www.pbs.org