Mon, Jun 8th, 2009
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Federal entitlement programs are critical to retirement security, but these programs are rapidly moving into the red. New projections by the trustees of the Social Security and Medicare trust funds released May 11 indicate that both funds will run out of money even sooner than estimated in last year's report.
The Social Security trust fund is in better shape than Medicare. Revenues still exceed benefits by a comfortable amount. Unfortunately, the wave of baby boomer retirements will change that picture. The new trustees report still expects the surplus to continue until 2015 but move into deficit thereafter. This report projects that by 2037,
Related stories from top sites:
Michael T. Klare: It's Official -- The Era of Cheap Oil Is Over
May 29th, 2009 - The Huffington Post
Energy Department Changes Tune on Peak Oil Every summer, the Energy Information Administration (EIA) of the U.S. Department of Energy issues its International Energy...
Hoyer on PAYGO, DC, car dealerships
May 29th, 2009 - MSNBC
From NBCâ??s Luke Russert In his weekly off-camera briefing with reporters, House Majority Leader Steny Hoyer (D-MD) emphasized President Obama's desire to pass a law requiring statutory pay rules...
Jay's Torch Passes to Conan, But He's Not Fading Away
May 29th, 2009 - TIME
It may just be coincidence, but The Tonight Show somehow seems to know when America is going through a generational moment. Johnny Carson took over the show in Camelot-era 1962, after J.F.K...
Obama's Voodoo Health Economics
May 29th, 2009 - Wall Street Journal
On Monday President Barack Obama's Council of Economic Advisers released a report called "The Economic Case for Health Care Reform." The report argues that Americans...
VIDEO: Craig T. Nelson 's Glenn Beck Tax Rant
May 29th, 2009 - The Huffington Post
Actor Craig T. Nelson, perhaps best known his role in the TV series Coach, appeared on the Glenn Beck show last night and unleashed an impassioned rant against taxes. Railing against -- what appeared to be -- the entire idea of government in general...
retirement security videos from YouTube:
- 401(k) Fair Disclosure for...Rep. George Miller, chair of the House Education and Labor Committee, delivers his opening statement at a hearing regarding the 401(k) Fair Disclosure for Retirement Security Act of 2009 on April 22, 2009.
- 401(k) Fair Disclosure for...Julian Onorato, CEO of ExpertPlan, Inc., testifies at a hearing regarding the 401(k) Fair Disclosure for Retirement Security Act of 2009 on April 22, 2009.
- 401(k) Fair Disclosure for...Alison Borland, Retirement Strategy Leader for Hewitt Associates LLC, testifies at a hearing regarding the 401(k) Fair Disclosure for Retirement Security Act of 2009 on April 22, 2009.
- 401(k) Fair Disclosure for...Rep. Rob Andrews, chair of the Subcommittee on Health, Employment, Labor, and Pensions, delivers his opening statement at a hearing regarding the 401(k) Fair Disclosure for Retirement Security Act of 2009 on April 22, 2009.
retirement security stories from Digg:
Strategies to Maximize Your Social Security Benefits
Even if Social Security is only one piece of your overall retirement nest egg, it's important that you make the most of it. Personal finance experts Ken and Daria Dolan of Dolans.com are going to show you some little-known strategies that can help you maximize your Social Security benefits (the last one is a real doozy!).(Business & Finance)
DominaLunaWed, Nov 4th, 20091 Diggs, 0 CommentsYour Retirement Income: Will It Be Enough?
How much money will you need to retire? Probably more than you think! Extended life spans, reduced employer benefits, lower market returns and increased costs of living have forced us to have to save more. Unfortunately, most Americans are doing a poor job of securing their future.(Business & Finance)
deanvoelkerWed, Nov 4th, 20091 Diggs, 0 CommentsIRI: 7 Out of 10 Seniors Say No COLA Will Harm Their Finance
Insured Retirement Institute: An exclusive Insured Retirement Institute (IRI) poll released today shows that the vast majority of Americans aged 65+ believe that the lack of a Social Security Cost of Living Adjustment (COLA) in 2010 will adversely affect their finances.(Business & Finance)
reneephillipsSun, Nov 1st, 20091 Diggs, 0 Comments
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