February 2020

Retirement Articles This Week

Your Retirement Help Center!

We'll focus on websites and publications that help prepare and plan your retirement and personal finance decisions. Visit us each week.  Thank you for visiting and gaining great retirement insight!

 

Women at Greater Risk in Retirement than Men

 WASHINGTON, Oct. 20 /PRNewswire/ -- A new study released today by Americans for Secure Retirement (ASR) shows that women are at greater risk than men to experience a decrease in living standards in retirement. Congresswoman Stephanie Tubbs Jones, member of the House Ways and Means Committee, has introduced The Retirement Security for Life Act (H.R. 819/S. 381), which would help all Americans, particularly women, maintain economic security throughout their golden years by encouraging the use of lifetime annuities as a way to ensure a steady stream of income in retirement.

Posted on Thursday, October 20 by Registered CommenterWise Owl | CommentsPost a Comment | References3 References

Senors Get A Pay Raise

 

The Social Security Administration announced Friday that their cost of living adjustment, or COLA, for more than 50 million beneficiaries would increase 4.1% in January. That's the biggest jump since a 5.4% gain in 1991. Last year's increase was 2.7%.

The average Social Security check will increase from $963 to $1,002 in January.

 

Posted on Saturday, October 15 by Registered CommenterWise Owl in | Comments Off

Companies begin marketing Medicare Part D

  Important dates for Medicare's prescription
  drug program
   
   * Oct 1: Medicare recipients begin receiving mailings from companies offering 23 plans. The Centers for Medicare & Medicaid Services mails the 2006 "Medicare & You" handbook to all beneficiaries, with plan details.
   * Oct. 13: Medicare launches a new Web page to help recipients compare plans and prices. The "Personal Plan Finder" will be available at http://www.Medicare.gov. People without Internet access can call 1-800-MEDICARE for help.
   * Nov. 15: Enrollment period begins, with beneficiaries being able to sign up electronically, by phone or by mail.
   * Dec. 31: The last day for enrollment for people who want coverage to begin on Jan. 1.
   * May 15: Last day to enroll in plans without facing a penalty for late enrollment. Medicare-approved drug discount cards can be used until May 15th, or when enrollment in a Medicare drug plan takes effect, if happens sooner.

Posted on Saturday, October 1 by Registered CommenterWise Owl in | Comments Off

Medicare Update

The Bush administration announced 10 new plans will be available for Medicare Part D

Posted on Saturday, September 24 by Registered CommenterWise Owl in | Comments Off

Our Savings Rate is ZERO

pig.gifConsumption equals less savings
Posted on Sunday, August 7 by Registered CommenterWise Owl | CommentsPost a Comment | References1 Reference

The Roth 401k is coming

Don't get confused, here's another Roth version

Posted on Saturday, July 23 by Registered CommenterWise Owl | Comments Off

Complicated Math of Pensions

The story of a retiree trying to understand their pension

Posted on Wednesday, July 20 by Registered CommenterWise Owl | CommentsPost a Comment | References13 References

Start Saving!

Nearly one third of Americans fail to take advantage of 401k plans

Posted on Sunday, July 10 by Registered CommenterWise Owl | CommentsPost a Comment

Mitt Romney Health Care Plan

Interesting health care proposal

Posted on Tuesday, July 5 by Registered CommenterWise Owl | CommentsPost a Comment

The Stones on Tour

...just saw the Eagles on TV last night..enjoy all the groups this summer

8087a.jpg

Posted on Friday, June 3 by Registered CommenterWise Owl | CommentsPost a Comment

Jeremy Siegel is a must read

This guy has given a lot of thought to baby boomers and stock prices

Posted on Tuesday, May 31 by Registered CommenterWise Owl | CommentsPost a Comment

Hello

congress presents some ideas

Posted on Wednesday, May 25 by Registered CommenterWise Owl | CommentsPost a Comment