Blog

Why Obamacare Assists the Elderly

By Ken Marks | August 15, 2013 |

The Patient Protection and Affordable Care Act (PPACA), known as Obamacare in certain circles, is currently running campaigns featuring an entourage of actors, musicians and athletes urging folks to sign up for the health insurance program. So if you’re a retiree, what does signing up for Obamacare mean for you? Well, Medicare is improved by…

Unemployment Affects Future Social Security Pension

By Ken Marks | August 13, 2013 |

Unemployment seems to be improving at this point in the year, but did you know how much it 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 go…

Should You Root for Obamacare?

By Ken Marks | August 7, 2013 |

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 |

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 in…

Same-Sex Marriage Social Security Benefits Creates Confusion

By Ken Marks | August 1, 2013 |

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 to be married…

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 seven-year period immigrants paid $115.2 billion in Medicare than they…

Spending Plans Delay Medicare and Social Security Benefit Exhaustion

By Ken Marks | July 17, 2013 |

Due to economic 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 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 of Contributions…