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Should Social Security Benefits Be Taken Early?

By Ken Marks | July 29, 2013 |

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 |

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 |

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 |

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 |

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 |

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…

Learn How to Increase Your Social Security Benefit Earnings If Claiming Early

By Ken Marks | July 9, 2013 |

If you absolutely, positively have to start collecting Social Security Benefits before the standard retirement age, you know that you’re not going to receive the full potential amount. Since concerns with Social Security distribution are bursting the Geiger counters, the SS Administration has put their foot down on previous options: before you could have taken…

US Citizens Refuse to Provide Social Security Information on Applications

By Ken Marks | July 3, 2013 |

With recent reports of Social Security identity theft piling up, many US citizens are becoming increasingly concerned with providing their Social Security numbers on various applications – from loan fill-outs to IRS forms. Robert Scuder, a 63-year old retired child services investigator is one of those in alarm.  He worries, “I’m concerned about becoming a…

The National Committee is Concerned About a Chained CPI Determining Social Security Benefits

By Ken Marks | July 1, 2013 |

The budget proposal created by President Obama to alter how Social Security Benefits are distributed is being calculated by a chained consumer price index (CPI). Now, what’s the controversy? Well, The National Committee has voiced their disfavor to a chained CPI because it doesn’t properly account the “purchasing patters of our elderly population”.  How are…

Kindle Books Provides Answers to Frequently Asked Social Security Benefit Questions

By Ken Marks | June 27, 2013 |

If you’re in the denominator of people seeking to apply for Social Security Disability (SSD) Benefits or Supplemental Security Income (SSI) and have no clue what to do, well, Kindle Books has just published a 33 FAQ sheet. Aren’t sure what SSD Benefits actually are and how they can help you?  Don’t know the difference…