Major Changes to Social Security Are Happening This Year

Q. I am turning 62 this year, and I am trying to figure out Social Security. Should I take it now, or wait until later? Besides figuring out this important detail, I heard that there are some major changes that are happening this … [Read more...]

Critter Corner: Social Security Ends Annual Mailings

Dear Commander Bun Bun,   I heard that Social Security will no longer be sending statements in the mail? Is that true, and if so, how can we find out about our benefits?   Thanks!   Nomar Statemenz ----Dear Nomar, As … [Read more...]

Is Social Security or Medicare Running Out of Money? What the 2016 Trustees Report Has to Say

Social Security is vital to Americans, providing workers and their families with retirement, disability, and survivors insurance benefits. Medicare is also an essential program for American seniors. Since its creation in 1965, … [Read more...]

April 29 Marks the End of a Major Social Security Loophole

Q. I remember reading an article that you published last fall about The Bipartisan Budget Act of 2015, where you mentioned that the end of file-and-suspend would be happening in six months. I am concerned about the impending … [Read more...]

Critter Corner: Can My Sister Retire on Social Security Alone?

Dear Commander Bun Bun, My sister seems to think that she can live on Social Security alone. Do you think that is possible, and if so, do you have any tips I can share with her? Thanks, Nada Nuffmunney --- Dear … [Read more...]

Where Presidential Candidates Stand on Senior Issues

  Q. I am having a hard time following where the candidates stand on Social Security, Medicare, and Medicaid. I watched all the debates so far, and typically vote based on the person, not the party. If you know more about … [Read more...]

State of the Union: Status of Senior Programs

Q. My husband and I watched the State of the Union address on Tuesday night, until we fell asleep. We heard a little bit about Social Security and Medicare, but couldn't get the complete gist of what President Obama was saying. If … [Read more...]

Balanced Budget Act: Good or Bad for Seniors?

Image source: Wall Street Journal On November 2, 2015, the Balanced Budget Act of 2015 (BBA) was signed into law by President Barack Obama. According to the President’s statement on the day of the signing, "Democrats and … [Read more...]

What She Doesn’t Know About Social Security Could Cost Her Thousands

Q. My mother, Eileen, and her husband, Ray, just recently got divorced after 15 years of marriage. My step-father was the primary breadwinner throughout their marriage, while my mother was a homemaker, who worked a little here and … [Read more...]

Critter Corner: When it Comes to Social Security, what does “File and Suspend” Mean?

Dear Baxter, My neighbor mentioned something about a "file and suspend" strategy for Social Security to boost retirement income? Can you explain what that means? Thanks! Clay Min Stratagees --- Dear … [Read more...]