Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
NAIC to Consider Initiative to Grow Financial Modeling Suite
By Elizabeth D. FestaNo determination has been made as of yet, but the NAIC no longer can rely on the rating agencies for structured security ratings, per Dodd- Frank, and suffers from a "lack of expertise to model these securities internally."
October 21, 2011
Millennials See Social Security as Doomed, Aren’t Saving, EitherHalf of millennials do not believe Social Security will still exist when they are ready to retire, a survey released Wednesday by the iOMe Challenge and conducted by the St. Norbert College Strategic Research Institute found.
October 20, 2011
Social Security’s 3.6% Benefit Increase Scorned as Not EnoughFor the first time since 2009, the U.S. government said Wednesday that it will raise Social Security benefits with a cost-of-living adjustment, up 3.6%, and the announcement was followed by praiseand criticism.
October 19, 2011
3.6% Social Security Boost May Be Lost to Medicare Hike (SmartMoney)For the first time in two years, Social Security recipients will be receiving a 3.6 COLA percent raise in 2012 though it's likely to be eaten up by a comparable hike in Medicare Part B premiums, which cover common medical expenses such as doctor visits, outpatient care, and home...
October 19, 2011
Most Retirees Will Not See Full COLA in 2012 Social Security ChecksInsured Retirement Institute President Cathy Weatherford says the need for guaranteed income is growing as Social Security and pensions become less reliable forms of retirement income.
October 19, 2011
Most Retirees Will Not See Full COLA in 2012 Social Security ChecksInsured Retirement Institute President Cathy Weatherford says the need for guaranteed income is growing as Social Security and pensions become less reliable forms of retirement income.
October 19, 2011
Half of Millennial Generation Doubts Social Security Will Exist for ThemA new study suggests only 5% think Social Security will exist at the same benefit level as today, and 18% are not sure what will happen with Social Security by the time they retire.
October 14, 2011
Republicans to Joint Select Committee: Repeal PPACA, Scrutinize Entitlement ProgramsIf you want to trim the budget, throw PPACA overboard and standardize states' health care spending and preserve Medicare access to rural areas, says the Senate Finance Committee's leading Republican.