Spencer Platt | Getty Images News | fake pictures Medicare beneficiaries would get a relief from the higher Part B costs next year in the Republican-proposed coronavirus relief package in the Senate on Monday. Under the provision in the Republican Party proposal, called the HEALS Act, Medicare Part B premiums …
Read More »When does it make sense to take Social Security at age 62?
It’s best to wait until you’re 70 to start receiving Social Security retirement benefits, even if it means tapping your retirement assets deep in a bear market. Why? Because the guaranteed and risk-free increase of 8% per year in the Social Security benefit is an unbeatable deal. And yet, in …
Read More »When does it make sense to take Social Security at age 62?
It’s best to wait until you’re 70 to start receiving Social Security retirement benefits, even if it means tapping your retirement assets deep in a bear market. Why? Because the guaranteed and risk-free increase of 8% per year in the Social Security benefit is an unbeatable deal. And yet, in …
Read More »The doctor behind a cognitive test Trump did says ‘it’s supposed to be easy’
The doctor who developed a widely used test that detects early signs of dementia and Alzheimer’s disease says that cognition is “a pertinent question” during a presidential election with suspected candidates over the age of 70. The problem is that both sides of the political divide are interpreting this. wrong …
Read More »Test your knowledge of Social Security benefits
Jim McGuire | fake pictures If you are like many Americans, you will not answer this question about Social Security correctly: “I must be a US citizen to collect Social Security retirement benefits.” The insurance company MassMutual recently asked 12 true / false questions like this about the federal program …
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