-
Social Security Statements Now Available Online
Tweet Share on Facebook May 1, 2012 Comment (115)Workers age 18 and older can now access their Social Security statements online, the Social Security Administration announced today. For the first time, workers can view their earnings history and expected Social Security payout via their home computer.
-
7 Tips for Using Online Social Security Statements
Tweet Share on Facebook May 1, 2012 Comment (3)Social Security statements are now available online for workers age 18 and older. You can get an estimate of the retirement or disability benefits you could receive, or how much your children will get if you pass away. The online statements also allow you to find out how much money you’ve earned over your career and the amount you’ve paid into Social Security and Medicare. Here’s how to make the most of this new online tool:
-
6 Facts About the Social Security Trust Fund
Tweet Share on Facebook April 24, 2012 Comment (14)The assets in Social Security’s trust funds are expected to be exhausted in 2033, three years earlier than last year’s estimate, according to the latest Social Security Board of Trustees' annual report. After that, there will only be enough revenue coming in to pay out about three quarters of promised benefits unless changes are made to the system. Here are the results of Social Security’s annual financial checkup:
-
Social Security Claiming Slows
Tweet Share on Facebook April 17, 2012 CommentSocial Security sign-ups spiked in 2009, when a record high of 3.2 million Americans age 62 and older began collecting benefits. But the number of people newly claiming Social Security has since declined to 3.1 million in 2010 and 3 million in 2011, according to a recent Urban Institute analysis of Social Security Administration data.
-
How Baby Boomers are Picking a Retirement Age
Tweet Share on Facebook April 13, 2012 Comment (5)Baby boomers have a variety of ways of deciding when they are ready for retirement. Almost half (45 percent) of the oldest baby boomers have already retired, according to a recent GfK Custom Research North America survey commissioned by the MetLife Mature Market Institute. The telephone survey of 1,012 people born in 1946 found that only about a quarter (24 percent) of these baby boomers are still employed full time, while the rest are working part time or seasonally, on disability, self-employed, or looking for work. Here’s how the oldest baby boomers are choosing when to retire:
-
Young Employees Seek Jobs with Pensions
Tweet Share on Facebook April 3, 2012 CommentYoung and mid-career workers are paying more attention to retirement benefits when making career decisions. A recent Towers Watson survey found that people under 40 are increasingly going to work for and staying with employers that provide better retirement benefits.
-
The Challenges of Launching an Encore Career
Tweet Share on Facebook March 30, 2012 Comment (1)Many people dream about launching a second career in a field they have always wanted to try. But the transition into an encore career can be a long and costly process.
-
The 4 Most Important Sources of Retirement Income
Tweet Share on Facebook March 22, 2012 CommentMost senior citizens have very small retirement incomes. The median income for those age 65 and older was $25,757 in 2010, according to a new Social Security Administration report. The most common retirement income level is between $15,000 and $19,999 annually, an income range that 12.6 percent of retirees fall into. Here’s where most retirees get their income from, and how much they are getting from each source:
-
Social Security to Go Paperless in 2013
Tweet Share on Facebook March 16, 2012 Comment (9)The U.S. Treasury will stop mailing paper checks to Social Security beneficiaries on March 1, 2013. All federal benefit recipients will then receive their payments by direct deposit to a bank or credit union account or loaded onto a Direct Express Debit MasterCard.
-
7 Movies About Retirement Worth Watching
Tweet Share on Facebook February 24, 2012 Comment (4)As the baby boomers begin to enter the retirement years, the concept of retirement is being explored in a variety of films. Many movies have featured retirees going on new adventures and forming new relationships at a time we traditionally associate with slowing down. Check out Hollywood’s take on retirement in these seven films.
