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In the first couple of months of the Trump administration, the so-called Department of Government Efficiency has made numerous baseless claims about waste fraud and abuse in the Social Security program. They have also proposed several thoughtless changes to the way that the program is managed, as well as unwarranted cuts to program staff. In todays … Continue reading "Threats to the Social Security Program, with Attorney William Benjamin, Episode 118" The post Threats to the Social Security Program, with Attorney William Benjamin, Episode 118 appeared first on Mark Fraley Podcast.
October 1, 2024 ~ Detroit Free Press Personal Finance Columnist Susan Tompor joins Paul W to talk about 3 key changes will help poor qualify for more money through a Social Security program.
What do you actually know about the Social Security Program and what kind of benefits you may possibly receive from Social Security? If you are like me, not all that much. You may know that you pay taxes to Social Security and may think it's unlikely you'll get much payout or all those taxes that you have paid over your entire working life. I spent some time learning a lot more about social security and this episode is the fruits of that labor. Chances are, social security will provide some benefits during retirement, though it certainly will be far from enough to live on. Please subscribe and leave a review on your favorite Podcasting platform. If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook You can learn more about Elisa at her website or follow her on social media.Website: https://ww.GrowYourWealthyMindset.comInstagram https://www.instagram.com/GrowYourWealthyMindsetFacebook https://www.facebook.com/ElisaChianghttps://www.facebook.com/GrowYourWealthyMindsetYouTube: https://www.youtube.com/c/WealthyMindsetMDLinked In: www.linkedin.com/in/ElisaChiang Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast is for informational and entertainment only and should not be considered professional investment, legal, or tax advice. Dr Elisa Chiang is not a certified financial planner, attorney, or accountant. The views expressed are the personal opinion of Elisa Chiang and her guests and should not be taken as advice specific to you, the listener of the podcast. Personal finance is personal and your personal financial decision need to be made based on your personal financial situation and risk tolerance after having completed your own due diligence.
Andy gives a summary of the key takeaways from the recently released 2024 Social Security Trustees ReportLinks in this episode:The 2024 Social Security Trustees Report - hereThe "Summary of Provisions That Would Change the Social Security Program" - hereTenon Financial monthly e-newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com
President Biden has made it clear that he will oppose any cuts to Social Security. But back in 1983 and in 2012 Joe Biden was a key player in cuts to Social Security. With the entitlement program going bankrupt in 10 years... Andrew Biggs from AEI says President Biden has the opportunity to be like President Reagan in 1983 and make Social Security solvent again. See omnystudio.com/listener for privacy information.
Social Security will always be a key piece of the income planning puzzle and it's gotten a little more attention this year with the 8.7% COLA increase in 2023. FIG understands the value of providing resources to the financial professionals we work with and we have a tremendous one in Hamilton Morales, Senior Vice President at FIG. He's been with the company for more than 15 years, but over the past seven years, he's been strictly focused on becoming an expert in Social Security. He's provided hours of educational opportunities to the financial professionals we work with so that they can better serve their investors and clients when it's time to plan for Social Security. Now FIG is launching a new program to make Hamilton more accessible to our financial professionals through live and virtual workshops. He joins us today to tell us more about this new program and who he thinks it will benefit. Hamilton is one of the most well-versed people in the industry when it comes to Social Security so this will be your chance to learn more from him and find out how he can be an asset to your business. Here's some of what we'll discuss in this episode: Details on the new service FIG is launching in 2023. (3:56) His view on the COLA increase this year. (7:31) What does the process look like when an advisor invites Hamilton to visit? (10:29) This has been well received by both clients and prospects. (17:59) Best way to get in touch with Hamilton. (25:23) Get in touch with Hamilton: hamilton.morales@figmarketing.com 800-527-1155 Learn About FIG: https://www.figmarketing.com
Ms. Mary is back with podcast episode 69. Her guest is Randall Ware, Director of Take A Stand, A Financial Literacy Organization. He is a Certified Financial Educator Instructor (CFEI) and a Life and Health Insurance Agent. He joins Ms. Mary for part 2 of their conversation on The Social Security Program. This podcast is presented by From Victim 2 Victory LLC, encouraging you to live your best life victoriously!
Ms. Mary is back with podcast episode 67. Her guest is Randall Ware, Director of Take A Stand, A Financial Literacy Organization Initiative. He joins Ms. Mary to talk about The Social Security Program. It's an in depth conversation on what every American needs to know about SS. This podcast is presented by From Victim 2 Victory LLC, encouraging you to live your best life victoriously!
Colin Nabity, the CEO of Breeze Insurance joins Rich today for another episode of Paychecks & Balances. Breeze is an Insuretech company that makes it easy for American workers to protect their income through disability insurance. Disability Insurance is income protection insurance, which insures the beneficiary’s earned income against the risk that a disability creates an issue for a worker to complete their job. Founded in 2019, in Omaha Nebraska, “The Insurance Hub of the US”, Breeze set out on a mission to modernize the archaic disability insurance system. Their online application process takes 15 minutes to complete with plans that start as low as $9 a month. Their automated underwriting technology allows them to offer qualified individuals a way to get quick and affordable disability insurance without the hassle of dealing with salespeople. Most folks misunderstand disability insurance, and in today’s episode Colin walks us through what it is, how it’s different from Workmen’s Comp, and why the current disability insurance system in the US is plagued by long wait times, high fees and is made unavailable by some employers or the government. Show Highlights Why Colin chose Omaha Nebraska as the hub for Breeze, instead of Silicon Valley Only a third of folks that apply for disability insurance through the Social Security Program get approved Workmen’s Compensations vs. Disability Insurance: Getting hurt on the job vs. protecting yourself from an issue or accident that may happen, outside of your job The difference between having your own disability insurance plan and getting one through your employer How disability insurance is taxed Short term disability insurance vs. long term Benefit Amount - How much you will get paid each month Benefit Period – The length of time your benefits will last Waiting Period – The length of time that passes until you receive your first payment Most policies will allow you to customize your timelines and payment amounts How the freelance/gig economy is changing the way people obtain and receive insurance benefits Key Takeaway: Disability insurance may not be something you’re thinking about right now. But for what is most often an inexpensive monthly fee, you can protect yourself financially, if you end up with an aliment or in an accident that prevents you from doing your job. Paychecks & Balances Website: https://paychecksandbalances.com Patreon: https://www.patreon.com/paybalances Instagram: https://www.instagram.com/paybalances Facebook: https://www.facebook.com/paychecksandbalances Twitter: https://twitter.com/paybalances?lang=en Breeze Insurance Website: https://lisahylton.com Twitter: https://twitter.com/breezeinsurance LinkedIn: https://www.linkedin.com/company/breeze-insurance/ Instagram: https://www.instagram.com/breezeinsurance/ Facebook: https://www.facebook.com/meetbreeze/
Many Americans believe Social Security will exist when they retire but many say that they are wrong❗️ Many say Social Security does face serious challenges in the payout may decline but they insist that the program itself is not going anywhere‼️ Truth is, if Congress does nothing to fix the program Social Security will rely on the tax money that the government extorts from the people to make the program work.
The Practical Prepper: A modern conversation about preparedness, survival and being self reliant
Ronald Regan once said, "The nine most terrifying words in the English Language are - I'm from the Government and I'm here to help". The Gipper obviously was well aware of the Social Security Program and as humanitarian as FDR's thoughts were in '35 when he kicked this off, it's about to get a lot worse and you need to know how it will affect you. I'm going to give you the quick historical run-down on the topic, and overview of the legislation that has passed the House, and what the big holes are in the thought process that you probably want to pick up the phone and call your Senator on before this goes to vote.
The precarious position of the Social Security Program has been in the news lately, and for good reason. It’s due to run out of money in the next 15 years. Is there anything that can be done to salvage it? More importantly, how will this impact you personally if the program goes away or the benefits are severely reduced? In this episode, we discuss what’s caused the current shortfall in the program and what the potential outcome will be as we look to the future. We’ll also share some thoughts on what you should be doing to prepare.
The precarious position of the Social Security Program has been in the news lately, and for good reason. It’s due to run out of money in the next 15 years. Is there anything that can be done to salvage it? More importantly, how will this impact you personally if the program goes away or the benefits are severely reduced? In this episode, we discuss the history, current state, and uncertain future of Social Security and what it all means to you.
You don’t have to look too hard to find a news article regarding the Social Security Program and its flaws. But how did we get to where we are today and what can be done going forward? Join Mike Macco, Patrick Stoa, and special guest Scott Stolz Senior Vice President from Raymond James as they discuss some of the hottest topics regarding the Social Security Administration. www.twitter.com/IngloriousFin www.facebook.com/ingloriousfinance www.ingloriousfinance.com Any opinions are those of Mike Macco, Patrick Stoa, and Scott Stolz, and not necessarily those of RJFS or Raymond James. Expressions of opinion are as of this date and are subject to change without notice. Information was received from sources believed to be reliable, but accuracy is not guaranteed. It is general in nature and is not a complete statement of all information necessary for making an investment decision. Securities offered through Raymond James Financial Services, Inc. Member FINRA / SIPC. Investment Advisory Services offered through Raymond James Financial Services Advisors, Inc. Macco Financial Group is not a registered broker/dealer, and is independent of Raymond James Financial Services.
Many Americans are walking around with a million dollar asset they didn’t even know they had—Social Security. Love it or leave it, the U.S. has put Social Security in place to protect your future, and you need to be informed to make the most of it. My special guest today is Elaine Floyd. Elaine has made it her mission to make sure everyone knows how to utilize Social Security now to better ensure their future. She has spent much of her time assisting Baby Boomers when it comes to claiming benefits, but her years of experience have given her a perspective that is beneficial during every walk of life. First up, in our newest edition of “Ask Hillary,” I tackle some of your questions from the private Facebook group. We will discuss everything from planning finances with an irregular income to tracking expenses through automation. Because of your excellent questions, we get to cover a lot of ground with practical tools you can use in almost any situation. Next on the docket, Elaine starts off by dispelling some of the most common myths around Social Security. We will discuss what it might mean for Social Security to be “bankrupt,” and what some of the younger generations might expect in the future. Even though nothing is set in stone, Elaine believes that we need to be investing in and making the most of Social Security. On your path to financial freedom, you are going to want to utilize every asset you can. I am excited that Elaine is able to share her knowledge with the ProfitBoss Community today! Elaine’s Top Tips for Social Security Delay retirement if you can Maximize Earnings Understand the Survival Benefits What You Will Learn from This Episode: In our “Ask Hillary” segment, I talk about whether to incorporate and trusting your tax advisor. My best financial planning tips for irregular income. My favorite tool for tracking expenses. Find an accountability partner! Tips for listeners who have budding businesses. A reminder of what Ignite membership is all about! I chat with Elaine Floyd about the Social Security Program. What it means when we say Social Security is “bankrupt.” Discover how benefits are actually calculated. Know what to expect from the Social Security program. Elaine’s best tips for claiming Social Security Social Security has tightened the rules on claiming spouse’s benefits. Learn all about Survivor Benefits. Common pitfalls to avoid with Social Security income. What it’s like to actually work within the system. How soon you can expect benefits. Resources Mentioned Elaine Floyd https://www.savvysocialsecurity.com/ ProfitBoss Radio Episode 77: https://www.hilaryhendershott.com/77-7-steps-wealth/ ProfitBoss Radio Episode 84: https://www.hilaryhendershott.com/automate-financial-freedom/ Social Security Online https://www.ssa.gov/myaccount/
Coming up on Nurse Talk...Casey and Shayne get busy and make up a few Executive Orders of their own. In them--Nurses rule and BIG PHARMA CEO's..not so good! Listen this week as we talk about a thriving Social Security Program and what's happening with "repeal and no replace". Much more on Nurse Talk this week..
6 AM - Mailbag; California now has its own Social Security program; George H.W. Bush shaved his head.