Amount of the theft: An average income widow can lose a quarter of a million dollars!
Kotlikoff: Social Security is Cheating Widows
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social security
Has Equifax Just Jeopardized Your And 143 Million Other Americans’ Social Security Benefits?
Equifax’s security breach, which occurred on July 29th, but was not disclosed for six weeks, gave criminals access to up to 143 million of our Social Security numbers.
SS Trustees: Social Security’s unfunded liability is $34.2 trillion
Sick and tired of worrying about health “reform”? Let me divert your attention with another “yuge” problem — Social Security. Social Security’s trustees just released their annual report. It’s a very long document, with the most important part buried deep in appendix table VIF1.
Kotlikoff: Money-magic tricks to help retirees
Frank and Sharon Sawyer are an entirely made-up 70-year-old retired couple living in Connecticut. Their financial situation looks pretty good, but it’s actually pretty bad. I’m going to see if I can help them with some money magic.
Ask Larry: Is My Mom’s Widow’s Benefit Rate Correct?
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits.
An example of a scam by Social Security
Jim Cornfeld, a certified financial planner in St. Louis who manages a wealth-adviser network that uses my company’s Social Security software, sent me the following email. Let me share my answer.
Use economic Research to call a Truce in Divorce Wars
Thanks to their rich parents, my friends “Joe” and “Sue’s” wedding was a three-day, 200-guest extravaganza on Maryland’s Chesapeake shore.
With Social Security, Time and Patience are Worth it
I just visited my mother. She’s 97. The trip over was short: She’s in an assisted-living facility right across the street.
Study: Some Older Workers Face Astronomical Tax Rates
People in their 60s who keep on working can face extremely high tax rates – much higher than the rates faced by millionaires and billionaires, according to a new study.
New Book: Up To 98 Percent Of Retirees Are Getting Less Than They Should Be Getting From Social Security
If you are over 70 year of age, odds are your Social Security check is not as large as it could have been. But if you are younger than 70, there is still time to do what most Americans don’t do: get the maximum benefit the law allows.