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Social Security Costs Exceed Income
Tweet Share on Facebook August 5, 2010 Comment (1)Social Security program costs will exceed tax revenues in 2010 and 2011, due in large part to the recent economic downturn, according to the annual Social Security Board of Trustees report released today. Tax revenues will again support spending in 2012 through 2014. But benefits will begin to permanently exceed tax revenues beginning in 2015, one year earlier than estimated in last year’s report.
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Andy Griffith Promotes Healthcare Law to Retirees
Tweet Share on Facebook August 3, 2010 Comment (34)Actor Andy Griffith is promoting the benefits President Obama’s healthcare law adds to Medicare. In a public service announcement for the Centers for Medicare and Medicaid Services, the star of The Andy Griffith Show and Matlock lists the new services seniors will receive including free checkups, lower prescription drug costs, and an increased crackdown on Medicare fraud.
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Good Retirement Benefits Keep Men on the Job
Tweet Share on Facebook August 2, 2010 CommentA good retirement benefit package may keep men more loyal to the company, according to a new Bank of America and Merrill Lynch Wealth Management survey. After compensation and promotions, retirement benefits are the most highly valued job perk by men with investable assets of $250,000 or more.
