The experts say, “Yes!” If you’ve ever had the breath knocked out of you, you know how you’re stunned and disoriented for a few seconds. Slowly, you start to breathe again. That’s how I felt—stunned and totally disoriented—when I attended a recent webinar about the privacy of your Social Security data. But I wasn’t so sure I started breathing again during the hour-long … [Read more...] about Should you be concerned about the privacy of your Social Security data?
Social Security
Should you be concerned about the privacy of your Social Security data?
The experts say, “Yes!” If you’ve ever had the breath knocked out of you, you know how you’re stunned and disoriented for a few seconds. Slowly, you start to breathe again. That’s how I felt—stunned and totally disoriented—when I attended a recent webinar about the privacy of your Social Security data. But I wasn’t so sure I started breathing again during the hour-long … [Read more...] about Should you be concerned about the privacy of your Social Security data?
WEP and GPO repealed—it took Congress 23 years to act
Many retired public sector workers will finally get the Social Security benefit they earned So, how is your New Year starting out? For nearly 3.5 million retirees who earned a pension from working in the public sector, it’s starting out great. That’s because after 23 years of haranguing in Congress, both houses finally passed the Social Security Fairness Act of 2023. In an … [Read more...] about WEP and GPO repealed—it took Congress 23 years to act
2025 Social Security COLA set at 2.5%
There’s always a tremendous amount of speculation about Social Security’s annual cost of living (COLA) increase. In fact, the first soothsayers stir the pot as early as February or March each year. Yet the COLA is only announced after inflation rates are known for the third quarter. Right on time, the Social Security Administration released the 2025 Social Security COLA on … [Read more...] about 2025 Social Security COLA set at 2.5%
Social Security is NOT Going Bankrupt (Again)
Around noon on Friday, March 30th, I was giving a presentation for the Financial Planning Association of New England. It was on one of my favorite topics: Social Security. The first question I asked the audience was “When is Social Security going bankrupt?” Most people said around 2034. That’s what pretty much everyone thinks. The problem is that’s not the answer. Social … [Read more...] about Social Security is NOT Going Bankrupt (Again)
