Browsing Tag
Social Security
391 posts
Social Security is a U.S. government program that provides financial support to retirees, people with disabilities, and surviving family members. It’s primarily funded by payroll taxes and provides monthly benefits to those who have contributed to the system.
Yet Another Reason Why 401(k)s Are So Important
Low inflation means the cost-of-living adjustment for Social Security payments will once again be disappointingly small, rising just…
October 23, 2016
Do 401(k)s Contribute to ‘Income Inequality?’
The 401(k) savings gap shows higher-educated workers enroll and save more, increasing long-term retirement inequality.
August 25, 2016
Social Security Chief Says America in ‘Retirement Crisis’
Looming retirement crisis? It’s already here, at least according to Carolyn Colvin, the Acting Commissioner of Social Security.…
August 3, 2016
Why 401(k)s Are More Important Than Ever
University of Pennsylvania’s Wharton School professor Kent Smetters has developed a new budget modeling system with the help of…
July 25, 2016
Teresa Ghilarducci: 401(k) an ‘Immature, Underdeveloped Child’
Teresa Ghilarducci doesn’t like 401(k)s, and the DOL’s fiduciary rule does little to mitigate her distaste. The professor…
May 17, 2016
Why 401(k) and Social Security Coordination is Critically Important
For years, many retirees have considered their 401(k)s untouchable until mandatory withdrawals kick in at age 70½. But…
March 2, 2016
Social Security Benefits Betrayal: ‘Anyone Who Supported This Bill Should Be Ashamed’
401(k) advisors know (or should know) about the importance of coordinating Social Security with the 401(k) portfolio. They should also know…
February 19, 2016
Are Democrats Manufacturing a Phony ‘Retirement Crisis?’
As far as partisan spats, it doesn’t get more partisaner(?) than spending and solvency arguments over the fate of Social…
January 5, 2016
Voya Financial Adds Social Security, Healthcare Features to Digital Enrollment Platform
Voya Financial has added healthcare and Social Security calculators to its enrollment and participant account platform to help…
July 28, 2015
On 80th Anniversary, Remind Clients About my Social Security
As the 80th anniversary of Social Security approaches, remind your clients to sign up for their Social Security…
June 17, 2015