Tag: welfare

Finance

Opinion: At last — somebody is trying to ‘save’ Social Security

03/08/2023
Bitcoin Ethereum News

Rude Europeans used to tell stories, possibly apocryphal, about American tourists who would ask for directions to a famous landmark while actually standing right in front of it. The Parisian would loo...

Finance

‘I don’t think I can wait until 70’ — I’m still working at 66, so should I wait for Social Security or claim now? 

03/06/2023
Bitcoin Ethereum News

My wife and I turned 65 last year, and applied and received Medicare. She chose to receive her Social Security benefits now. I myself am still working. I was thinking to get Social Security at 66 ½, w...

Finance

Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security

02/22/2023
Bitcoin Ethereum News

Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top rate of capital-gains tax by more than a half. The Democratic senator...

Tech

CoinW Takes Action to Fulfill Public Welfare Responsibilities with First Batch of Disaster Relief Supplies Arrived in Turkey

02/13/2023
Bitcoin Ethereum News

DUBAI–(BUSINESS WIRE)–CoinW, a world-class cryptocurrency exchange has taken immediate action in fulfilling its public welfare responsibilities in the wake of the recent earthquake in Turkey, which ha...

Finance

Want to be a homeowner in 2023 — or continue to rent and save for a down payment? Read this first.

01/30/2023
Bitcoin Ethereum News

If you’re a renter dreaming of homeownership in 2023, here’s the hard truth: It may be cheaper to remain a tenant, at least for now. Across the 50 largest metropolitan markets in the U.S., renters, wh...

Finance

I’m still working at 75: Do I need to take RMDs from my 401(k)? 

01/24/2023
Bitcoin Ethereum News

Dear Fix My Portfolio,  I retired from the U.S. Postal Service in 2004 and have a yearly pension from the Office of Personnel Management (OPM). I also work part time at a big hardware chain and have a...

Finance

Scammers are out to get your mortgage money and even your home. Here’s how to fight them off.

01/24/2023
Bitcoin Ethereum News

We’ve all seen the email scams: “This is a genuie request.” “Your lendar has detected an unpaid sum.” “I’m a prince and I need your help.” Digital fraud has become highly sophisticated and, according ...

Finance

‘I can no longer be an executive at a high level’: Workers with disabilities, including long COVID, are finding their place as companies become more flexible

01/05/2023
Bitcoin Ethereum News

Dana Pollard started a new job at the end of 2022, after spending three years recovering from a 2019 stroke. Pollard, 56, lives in Fort Worth, Texas, with his wife. After the stroke, he could not reco...

Finance

Opinion: Opinion: Household wealth falls $13.5 trillion, second worst drop on record

12/10/2022
Bitcoin Ethereum News

American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market SPX, -0.73%   DJIA, -0.90%   COMP, -0.70% shed more than 25% of its value, the Federal ...

Finance

This is the No. 1 source of income for millions of older Americans — and that may pose a problem

12/08/2022
Bitcoin Ethereum News

Just one in four retirees say they have not experienced any kind of shock event in retirement, according to a study from the Society of Actuaries. Getty Images/iStockphoto Where is the 65 and older cr...

Finance

Do Democrats have momentum for a second round of boosted child tax-credit payments?

12/08/2022
Bitcoin Ethereum News

A day after Raphael Warnock held onto his seat in Georgia’s Senate race, giving Democrats a 51-49 edge in the Senate, Democrats are hoping that momentum can quickly turn into a financial boost for par...

Finance

I’m 56 and plan to retire at 62. I’ll have both a state retirement plan and Social Security — but I also have a child starting college, which I want to pay for. Do I need professional help?

12/06/2022
Bitcoin Ethereum News

Getty Images/iStockphoto Question: I’m 56 years old and working for a state university, so I will have a state retirement plan. I previously worked full time and contributed to Social Security for 20 ...

Finance

Musk’s Neuralink Link Under Federal Investigation Over Alleged Animal Welfare Abuses, Report Says

12/06/2022
Bitcoin Ethereum News

Topline Elon Musk’s Neuralink—which promises to enable a direct interface between the human brain and computers—is being investigated by the federal government for alleged violation of the Animal Welf...

Finance

Opinion: Opinion: High debts and stagflation will bring mother of all financial crises

12/02/2022
Bitcoin Ethereum News

NEW YORK (Project Syndicate)— The world economy is lurching toward an unprecedented confluence of economic, financial, and debt crises, following the explosion of deficits, borrowing, and leverage in ...

Finance

Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy

11/14/2022
Bitcoin Ethereum News

Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees will see the biggest bump to their benefits checks in 40 years. While this move will pr...

Finance

Pension problems, caregiver burnout, saying ‘no’ to nursing homes and more retirement news

11/12/2022
Bitcoin Ethereum News

From MarketWatch Retirement:  Here’s why you should be worried about state and local pensions. About 26 million people are relying on state and local pension plans to take care of them in their retire...

Finance

Judge Blocks Student Debt Relief Program. What That Means for Navient.

11/11/2022
Bitcoin Ethereum News

A federal judge from Texas blocked President Joe Biden’s student debt relief program on Thursday. This could be good news for lenders like Navient In August, Biden announced his student loan debt plan...

Finance

Here’s why you should be worried about state and local pensions

11/09/2022
Bitcoin Ethereum News

America, about 26 million people across America are relying on state and local pension plans to take care of them in their retirement years. That figure includes 15 million retired teachers, police of...

Finance

Move over Florida — Pennsylvania dominates ‘Best Places to Retire’ rankings

11/01/2022
Bitcoin Ethereum News

Sure, Florida still has some allure for retirees, but Lancaster, Pa. nabbed the top spot for the best retirement destination amid concerns about housing affordability. According to U.S. News & Wor...

Finance

China outnumbers the U.S. for the first time in this ranking of the world’s ‘best’ universities and U.S. economy will likely fall into recession, former Fed official says

10/25/2022
Bitcoin Ethereum News

Hi, MarketWatchers. Don’t miss these top stories. China outnumbers the U.S. for the first time in this ranking of the world’s ‘best’ universities Artificial intelligence is among the few fields that b...

Finance

Social Security’s ‘taxable maximum’ inches higher—but will it make a dent in the trust fund?

10/13/2022
Bitcoin Ethereum News

Social Security’s payroll tax cap was raised nearly 9% for 2023, meaning more income will face Social Security taxes next year, but the rise is unlikely to affect the solvency of the trusts underpinni...

Finance

Inflation Pushes Social Security COLA to 8.7% in 2023, Highest Increase in Four Decades

10/13/2022
Bitcoin Ethereum News

Social Security checks will be 8.7% bigger in 2023, the largest cost-of-living adjustment to benefits in four decades, the Social Security Administration said Thursday. The extra funds will provide re...

Finance

Brett Favre Claims He’s Been ‘Unjustly Smeared’ Over Alleged Welfare Scam

10/11/2022
Bitcoin Ethereum News

Topline Brett Favre spoke for the first time Tuesday about his alleged involvement in a multi-million dollar Mississippi welfare scam—a scandal for which the Hall of Famer and former Green Bay Packers...

Finance

Americans are souring on the housing market and California is now giving residents up to $1,050 of ‘inflation relief’ — here’s who is eligible

10/09/2022
Bitcoin Ethereum News

Hi, MarketWatchers. Don’t miss these top stories. September jobs report highlights major shift in white-collar work — as Labor Department plans changes to jobs questionnaire ‘The old question was beco...

Finance

Opinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it believes in flawed data

09/27/2022
Bitcoin Ethereum News

The Federal Reserve can’t see the probable economic crash that is coming because it’s still looking into the rearview mirror, where it sees nothing but high inflation. The danger arises because the co...

Finance

Brett Favre’s SiriusXM Show Suspended Whilst Proceedings Continue In Welfare Fraud Case

09/26/2022
Bitcoin Ethereum News

MIAMI, FLORIDA – JANUARY 31: Former NFL player Brett Favre speaks onstage during day 3 of SiriusXM … [+] at Super Bowl LIV on January 31, 2020 in Miami, Florida. (Photo by Cindy Ord/Getty ...

Finance

6 in 10 people with credit-card debt say they’ve owed money for at least a year

09/24/2022
Bitcoin Ethereum News

Nearly half of all credit-card users say they’re carrying debt each month — and 60% of people with credit-card debt have owed money for at least a year, according to a new report from Bankrate’s Credi...

Finance

Former Mississippi Welfare Chief Pleads Guilty In Multimillion-Dollar Fraud Scandal

09/22/2022
Bitcoin Ethereum News

Topline The former head of the Mississippi Department of Human Services pleaded guilty Thursday to improperly doling out millions of dollars in welfare funds in one of the largest public corruption ca...

Finance

Social Security’s retirement age is 70

09/21/2022
Bitcoin Ethereum News

An informal survey of staff at the Center for Retirement Research asking “What is the current retirement age for Social Security?” produced a range of responses.  About half — mostly the “old hands” —...

Finance

Will Social Security Run Out? No, but It Will Hit a Breaking Point. What It Means for You.

09/10/2022
Bitcoin Ethereum News

Will Bowron doesn’t give much thought to retirement. The 32-year-old from Birmingham, Ala., is busy with his job at his family’s coffee and tea roaster, his wife and young child, and a side career wri...

Finance

‘Social Bonds’ Help People. Investors in Them Get Paid.

09/04/2022
Bitcoin Ethereum News

When Rook Soto lost his law enforcement job in 2010 for health reasons, he had big medical bills and had to take temporary jobs to survive. For a month, he was homeless and lived out of a van. Soto ha...