Tag: Social Security

Rick Perry’s Cut, Balance and Grow Plan – Tax and Spending Reform To Restore America’s Economic Future

After covering Hermain Cain’s 999 tax plan, I thought I would look at Rick Perry’s recently released “Cut, Balance and Grow Plan” discussed in his recent WSJ op-ed piece. Here… Read more »

2012 COLA (Cost-of-Living Adjustment) 3.6% Increase for Social Security, SSI, Federal Retirees and Medicare Premiums

[Updated October 19 – Official 2012 COLA Increase is 3.6%] The Social Security Administration (SSA) announced that the Monthly Social Security and Supplemental Security Income (SSI) benefits for more than… Read more »

2013 Debt Ceiling Increase Debate – Social Security, Medicare, Medicaid, Defense, Education and Food Stamp Spending Cuts

[2013 Update] As I was updating this article, originally written in mid-2011 following the first debt ceiling deal, I got a major sense of deja-vu. After 18 months we are… Read more »

IRA, 401k and Social Security Withdrawal Rules, Retirement Ages and Eligibility Criteria

Many people are confused when it comes to what the official retirement age(s) are. Which is unfortunate, because this is key for figuring when you can access your retirement savings… Read more »

Obama’s 2011 Deficit Reduction Plan – Reducing the National Debt By Cutting Medicare, Defense Spending and Raising Taxes

Following on the heels of the protracted budget extension debate and as a precursor to the fight for raising the $14.3 trillion national debt ceiling, President Obama has revealed his… Read more »

Deficit Reduction Plan: Solve America’s Debt Problem By Cutting Taxes, Social Security, Medicare and Federal Retirement Benefits

To tackle America’s growing national debt problem, President Obama put together a task force earlier this year to look at options on how to cut government spending, implement tax reform… Read more »

Five Ways to Make Sure You Get the Most Social Security Income at Retirement – And What You Can Do About It Now

It’s hard to believe that Social Security has been in existence for over 75 years. During that time, however, it has become an income staple for many Americans, with nine… Read more »

2011 Social Security Tax Rate and Witholding – SSI Limits, Coverage, Retirement Earnings and Benefit Base Limit Changes

Updates – For 2012, the SSA has announced a 3.6 percent cost-of-living adjustment (COLA) increase. For 2013, the COLA increase was 1.7%. ____________ The Social Security Administration has officially released the… Read more »

2012 COLA (Cost of Living Adjustment) Set to Increase by 3.6% For Social Security Recipients

[Updated for 2012 Social Security changes] The official 2012 COLA (cost-of-living adjustment) increase is 3.6%, as announced by the SSA. This will mean increased payments to social security recipients, federal employees (in… Read more »