Without knowing exactly what you are receiving, I can’t say if your own retirement benefit based on earning $12,000 per year will be above or below your child disability benefit.
For over 30 years, sovereign nations, particularly in the West have been buying votes by offering social payments in the form of welfare, Medicare, social security, and the like. When actual bills came due to fund this stuff, Governments...Show More Summary
If Social Security, the minimum wage, unemployment insurance, and the 40-hour workweek laid the foundation for the middle class in the 20th century, what would be the equivalent for the 21st century? The odd couple of a billionaire entrepreneur...Show More Summary
The PIA calculation is based on the average of your highest 35 years of past covered earnings, where earnings prior to age 60 are indexed (blown up) to reflect economy-wide wage growth between the year you earned the income and the year you reached age 60. Show More Summary
The big story in the world is the bond bubble. For over 30 years, sovereign nations, particularly in the West have been buying votes by offering social payments in the form of welfare, Medicare, social security, and the like. The ridiculousness of this should not be lost on anyone. Show More Summary
State police say a 28-year-old Long Island woman stole her twin sister’s identity to steal $12K via credit cards.
Alibaba affiliate company Ant Financial confirmed today that it closed a Series A funding round which includes investment from China’s largest pension fund, the National Social Security Fund (NSSF). Read More
Social Security assumes no economy-wide wage growth or inflation going forward to ensure people don’t compare their likely future benefit to their current earnings, which for most people will be lower than their earnings at age 60 (i.e., immediately prior to retirement).
Chinese e-commerce titan Alibaba’s affiliate Ant Financial has received backing from the government, as it announced the closing of a financing round led by the country’s National Social Security Fund. The NSSF and other investors, including China’s major insurance companies, invested an undisclosed amount in Alibaba’s financial arm, in a deal [...]
A Long Island woman used her twin sister’s Social Security number to open up credit-card accounts and rack up more than $12,000 in charges, police said. Kimberlee LaClaire, 28,...
A new study that is the first to use Social Security Administration's personal income tax data tracking the same individuals over 20 years to measure individual lifetime earnings has confirmed significant long-term economic benefitsShow More Summary
Celebrating the Fourth of July with fireworks dates back to our founding. Without founding father Thomas Paine, however, July 4 might be just another summer day -- no holiday, no fireworks. Thomas Paine was the brilliant writer whose...Show More Summary
What they probably didn’t tell you, but which you should keep in mind, is that if your ex-spouse dies, you may do better collecting off of his earnings record.
Compilation of the Social Security Laws: Title 2 FEDERAL OLD-AGE AND SURVIVORS INSURANCE TRUST FUND AND FEDERAL DISABILITY INSURANCE TRUST FUND Sec. 201. [42 U.S.C. 401] (c) With respect to the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (hereinafter in this title called the “Trust Funds”) there is […]
When you reach age 66 and not a day before, you can suspend your retirement benefit and start it up again at, say, 70. It will be increased from its 25-percent-reduced level by 32 percent (after inflation) when you restart it at 70.
In a statement circulated on social media, the group said it had used heavy weapons to attack more than 15 checkpoints and police installations.
Welcome to Wise Bread's Best Money Tips Roundup! Today we found some great articles on things you’ve been doing wrong all your life, what the marriage equality decision means for social security benefits, and ways for stay-at-home parents to earn money. Top 5 Articles 40 Things You've Been...
Given that your wife is seven years younger than you, you must carefully consider the widow's benefit she will lose if you take your retirement benefit before age 70. Again, the right calculator can show you what she will get based on different dates of your death.
With the possibility of limited defined pension plans and Social Security going bankrupt, here are five simple ways millennials can ensure they are financially ready for their golden years.
A fast-growing number of seniors are hitting retirement with a student debt burden. Even their Social Security is at risk.