Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
H.R. 3040: House OKs Fraud Database Bill
By staff WriterMembers of the House have voted 335-81 for H.R. 3040, the Senior Financial Empowerment Act of 2010.
July 26, 2010
Securities America Names Jim Nagengast as CEOSecurities America, the 1,900-representative independent broker/dealer, announced Monday, July 26 that it had named Jim Nagengast to succeed Steve McWhorter as CEO of the Omaha-based firm, a subsidiary of Ameriprise Financial.
July 19, 2010
Social Security Survey Stats55% of people aged 65+ say they do or plan to rely on Social Security "in a substantial way."
July 19, 2010
Social Security Survey Stats55% of people aged 65+ say they do or plan to rely on Social Security "in a substantial way."
July 16, 2010
Tough Talk From Social Security's Chief Actuary on RetirementTestifying before the Senate on July 15, Stephen Goss, chief actuary of the Social Security Administration, said that encouraging Americans to "work longer and be more productive can potentially contribute to meeting" financial challenges.
July 15, 2010
Boomers Weigh in on Value of Social SecurityThe presumption that an individual will use Social Security in a "substantial way" increases the nearer retirement looms. A recent survey by AARP found that...
July 15, 2010
Witnesses: Accept No Substitutes for Social SecurityPrivate companies are not really set up to provide the kind of long-term financial protection that Social Security programs provide, speakers said today at a hearing on Capitol Hill.
July 15, 2010
Schwab Sues BofA's Merrill, UBS and Bear Stearns over MBS SalesSuit alleges banks lied or omitted critical information