Tag: Social Security

2018 Federal Employee Pay Raise and COLAs

By on March 13, 2017 in Pay & Benefits with 0 Comments
2018 Federal Employee Pay Raise and COLAs

There is often confusion about the federal employee pay system. Here are some of the common misconceptions and an explanation.

Continue Reading »

How Much is the Maximum 2017 FERS Annuity Supplement?

By on March 8, 2017 in Retirement with 0 Comments
How Much is the Maximum 2017 FERS Annuity Supplement?

How much is the FERS annuity supplement for 2017? The author provides an explanation and an example.

Continue Reading »

Will the Hiring Freeze Cause Delays in Getting Social Security?

on March 2, 2017 in Retirement with 0 Comments
The hiring freeze could make it take longer for new retirees to start collecting Social Security benefits.

Continue Reading »

COLA Wars

By on March 2, 2017 in Retirement with 0 Comments
COLA Wars

Recently proposed legislation would apply a new COLA for all federal benefits programs. While the bill claims to be an improvement for benefits recipients, the author says that “better” in this case means that everybody would ultimately pay more.

Continue Reading »

A Billion Dollar Tweak For Saving Social Security

By on February 24, 2017 in Retirement with 0 Comments
A Billion Dollar Tweak For Saving Social Security

The author proposes a change to Social Security that he says would enable the program to pay out more in benefits than it is currently projected to be able to do.

Continue Reading »

Where is Esurance Beatrice When You Need Her?

By on January 31, 2017 in Retirement with 0 Comments
Where is Esurance Beatrice When You Need Her?

The author says that it appears that the Trump administration’s nominee to lead the Office of Management and Budget has a fundamental misunderstanding of Social Security’s relationship to the federal debt.

Continue Reading »

What The Latest Social Security Numbers Mean to You

By on January 9, 2017 in Retirement with 0 Comments
What The Latest Social Security Numbers Mean to You

The author suggests that the consequences of Social Security will arrive much sooner than the experts are predicting and says that we may actually have to repay the Trust Fund.

Continue Reading »

CBO: Social Security Benefits Would Need to be Reduced by 29%

By on December 23, 2016 in Retirement with 0 Comments
CBO: Social Security Benefits Would Need to be Reduced by 29%

A new report from the Congressional Budget Office says that under current law, Social Security benefits would have to be cut 29% beginning in 2030 at the current rate of consumption.

Continue Reading »

Legislation Introduced to Apply the Chained CPI to Social Security COLA

By on December 11, 2016 in Retirement with 0 Comments
Legislation Introduced to Apply the Chained CPI to Social Security COLA

Legislation has been introduced that would make sweeping reforms to Social Security. The author says it would make cuts to the program that would potentially harm older Americans.

Continue Reading »

How to Boost Your Social Security Check by 85 Percent

on December 2, 2016 in Retirement with 0 Comments
While you can draw Social Security as early as age 62, there are incentives to waiting. Here is some guidance based on some recent studies.

Continue Reading »

Top