President Trump said his plan to permanently order tax cuts through an executive order could “have no impact” on social security benefits. Speaking to reporters before boarding Marine One, Trump said his double proposal to boost the economy by cutting back amid the coronavirus crisis would in no way affect …
Read More »Republican Party’s proposed HEALS Act would freeze Medicare Part B premium by 2021
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 »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 …
Read More »Here’s an easy, low-cost way to build a retirement plan like the pros
Saving for retirement can be difficult. Planning how to spend that savings, while making sure the money doesn’t run out, is more difficult. But there is good news: According to experts, Americans can build a simple, low-cost retirement plan using only Social Security and savings. From an academic standpoint, the …
Read More »What to know if you plan to claim Social Security
PeopleImages | E + | fake pictures Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you do it. Making that call during the coronavirus pandemic can increase the stakes. This is because the age at which you decide to claim will block …
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