2. Beware of fees. The easiest fee to control — and get rid of — is a late fee. It’s your responsibility to know when the billing cycle ends and to pay on time. If you have trouble remembering the due date, set up autopay, whereby payments are automatically deducted …
Read More »Social Security cost-of-living allowance increases for 2017 is just $5
As retirees and their financial advisors grapple with the prospect of another year with flat Social Security income, the presidential candidates have had little to say about the program at the last two debates. But Donald Trump and Hillary Clinton spelled out their positions in an AARP Bulletin on June …
Read More »Health costs could eat up most of your Social Security benefits
More than half of elderly married couples and nearly 75 percent single retirees depend on Social Security for the majority of their income in retirement. “Women disproportionately rely on Social Security in retirement,” said Nancy Altman, co-director of Social Security Works, which advocates for the expansion of the program. In …
Read More »Trump, Clinton briefly discuss Social Security in the final debate
Even on bread-and-butter fiscal issues like Social Security and Medicare, the candidates managed to trade insults. Clinton suggested that Trump would avoid paying taxes if she was able to raise the maximum taxable cap on annual earnings, which is $118,500 this year and $127,200 next year, for Social Security payroll …
Read More »How to get a Social Security benefit that’s 88% larger
You don’t always get to choose when you retire, she said. A job layoff, health problems or caregiving for an aging parent could force you out of the workplace earlier than expected. If you’re leaving the workforce midcareer to care for children or an aging parent, keep a hand in …
Read More »These free tools will calculate your Social Security benefits
When to claim Social Security is one of the most important decisions retirees can make. Many websites offer free estimates of how much you may receive depending on what age you decide to take benefits. Researchers from the Social Security Administration reviewed six popular online tools to compare their estimates …
Read More »Social Security Checks Are Shrinking Due to Unpaid Student Loans
If you’re an older American still saddled with student loan debt, your government benefits could be taking a hit. A new report from the Government Accountability Office has found that tens of thousands of senior Americans have their Social Security benefits garnished hundreds of dollars each month in order to …
Read More »Yahoo announces over a billion user accounts compromised in security hacks [Updated]
Update: That didn’t take long. Sources have told Bloomberg that Verizon is exploring either paying significantly less for Yahoo or walking away from the deal entirely. Verizon is reportedly seeking a way to ensure that any future legal liability or disclosures fall solely on Yahoo in the event that Verizon …
Read More »Security firm claims implantable cardiac devices can be hacked
As more and more devices gain connectivity, there are more opportunities for malicious individuals to steal your data, break things, and just generally make your life more difficult. At least you’ll still have your life, though. Now a security firm says that a connected implantable cardiac device made by Minnesota-based …
Read More »Google just published eight National Security Letters
Google dropped a single National Security Letter into its most recent transparency report without much fanfare, but today the company published eight more NSLs in an attempt to shed more light on government surveillance of Google users. The eight letters published today were sent to Google from FBI offices across …
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