Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
Fed Reports Steep Losses On AIG Securities
By Arthur D. PostalThe Federal Reserve Board suffered paper losses of almost $9 billion, or 19%, in the first quarter of 2009 on risky securities it took over from American International Group Inc.
May 21, 2009
A scary perspective on Social SecurityFor all the hype about Social Security's impending demise, it's nothing compared with your clients' 401(k)s. In a follow-up to last week's commentary on the...
May 19, 2009
Impact of Social Security23% -- Percentage of seniors who depend on Social Security for at least 90 percent of their income.
May 19, 2009
Impact of Social Security23% -- Percentage of seniors who depend on Social Security for at least 90 percent of their income.
May 14, 2009
(In)sure to failSeems now most agree the Bush Administration did -- or at least tried to do -- something right. Their attempt in 2005 to reform "the...
May 13, 2009
Letter to the editor: Out of whose pocket?When erroneous findings are reported as unanalyzed fact, it is annoying, writes Steve Moses in a letter to the editor of LTC e-Wire. One example he cites is a report by Avalere that 30% of long term care expenses are paid out of pocket.
May 13, 2009
Social Security's underfunding - what does it mean for boomers?Social Security trust fund reserves are supposed to be dry by 2037, according to a report released Tuesday by The Social Security Board of Trustees....
May 12, 2009
Social Security draining faster than expectedThe Social Security Administration confirmed Tuesday Social Security and Medicare funds are depleting at a rate faster than expected. Lawmakers are urging major reform of the...