Some Important Numbers for 2022
Much of the economic news recently has focused on inflation rates. The current rate of inflation is at the highest its been in the last 30 years, 6.2% on an annual basis. Against that backdrop, the Social Security Administration has announced it’s cost of living adjustment for the coming year 2022. The
Update on Social Security and Medicare
The federal government has issued annual updates on the financial soundness of Social Security and Medicare, stating that each government benefit program will run out of money within the next 8 to 16 years or so. Here’s the latest news. For the first time since
Social Security and Student Loans – Part 2
Last week I wrote about Social Security recipients who are delinquent on their student loans, an increasing problem as the population continues to age. For disabled and retired student loan borrowers, if they fall behind on student loan payments Social Security can garnish their checks – hold
Social Security and Student Loans
The rising cost of higher education continues to be a problem. As annual college tuition increases outpace the rate of inflation so does the amount of money borrowed by attendees. Much has been written about the mountain of debt faced by college graduates who once out in
What Happens to Social Security Benefits After Death #SocialSecurityBenefits
It’s a common question we get all the time. How do I handle Social Security since Dad has died? The Social Security Administration must be notified as soon as possible when a recipient dies. Usually notification is handled by the funeral director, however, if the funeral home doesn’t provide