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Unemployment Affects Future Social Security Pension

By Ken Marks | August 13, 2013 | Comments Off on Unemployment Affects Future Social Security Pension

Unemployment seems to be improving at this point in the year, but did you know how much it actually affects Social Security benefits? A lot of people don’t know this, but if you’re one of those who are taking advantage of unemployment and lazily looking for a job, then your future Social Security benefits may…

Should You Root for Obamacare?

By Ken Marks | August 7, 2013 | Comments Off on Should You Root for Obamacare?

So Obama care is underway and a plethora of celebrities are telling you to sign up to the health insurance program?  But why should you? If you’re an employer the mandate will make you pay a fine of $2,000 per full-time worker if any of your employees get premium tax credit through the new health…

Deficit War = Social Security Checks in Limbo

By Ken Marks | August 5, 2013 | Comments Off on Deficit War = Social Security Checks in Limbo

Turmoil strikes. According to President Obama Social Security checks may not reach pertaining retirees on August 3rd if Democrats and Republicans can’t kiss and make-up on deficit stance. Obama states, “I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money…

Same-Sex Marriage Social Security Benefits Creates Confusion

By Ken Marks | August 1, 2013 | Comments Off on Same-Sex Marriage Social Security Benefits Creates Confusion

Bikeworldtravel / Shutterstock.com Bewilderment strikes! Just last week the US Supreme Court overturned the Federal Defense of Marriage Act which means Social Security benefits have now been extended to same-sex couples.  But qualifying for these benefits can get kind of muddy. Economics professor and Social Security expert Laurence Kotlikoff sheds some light: “You only have…

Should Social Security Benefits Be Taken Early?

By Ken Marks | July 29, 2013 | Comments Off on Should Social Security Benefits Be Taken Early?

Many retirees are wondering if it’s wiser to take Social Security benefits before the set age.  It’s usually suggested that it’s best to wait.  But folks have done their research and now those who have weighed their options are wondering if they would benefit more by taking them earlier. Mark from Chattanooga, Tennessee has learned…

Night of the Living Social Security Benefits

By Ken Marks | July 24, 2013 | Comments Off on Night of the Living Social Security Benefits

Sure, Social Security spending is dwindling down to nada.  Sure, everyone’s panicking about benefits running out and what can be done to properly distribute them.  But…did you know that over 31 million dollars have been paid off to the dead? A recent audit has illustrated that 1,546 deceased had been receiving benefits for up to…

Immigrants Responsible for Medicare and Social Security Trust Funds

By Ken Marks | July 23, 2013 | Comments Off on Immigrants Responsible for Medicare and Social Security Trust Funds

Bet you didn’t know that immigrants pay for your Medicare. Congress has been wanting to close borders for quite some time with their immigration reform act but this could deplete Medicare’s already dwindling trust fund. The current issue of journal Health Affairs states that within a seven-year period immigrants paid $115.2 billion in Medicare than…

Spending Plans Delay Medicare and Social Security Benefit Exhaustion

By Ken Marks | July 17, 2013 | Comments Off on Spending Plans Delay Medicare and Social Security Benefit Exhaustion

Due to economical pressures Medicare soon won’t be able to pay out one hundred percent of promised benefits to its seniors.  A recently released report states that this can be delayed with slower health care spending. According to trustees of Medicare and Social Security, this can’t be underestimated and the two years that this would…

Social Security Pension Guidelines Change

By Ken Marks | July 15, 2013 | Comments Off on Social Security Pension Guidelines Change

If you’re planning on retiring and want to make sure you qualify for Social Security pension the Social Security System has established some new guidelines that you should take a look at. Emilio de Quiros, SSS President and Chief Executive Officer, says, “Members affected by the new policy must file an ‘Application for Voluntary Payment…

Woman Has Been Taking Dead Mother’s Social Security Checks

By Ken Marks | July 12, 2013 | Comments Off on Woman Has Been Taking Dead Mother’s Social Security Checks

We’ve all heard of Social Security scams, but this one is a dozy. A woman who buried her mother in the backyard of her home has been accepting her Social Security checks for the past 14 years.  She now owes the government $141,962. Apparently, taking the SS benefits weren’t part of her plan.  She had…