New: Whitmer, DHHS announce plan to ease access to public assistance

Via Michigan Advance By Allison Donahue Gov. Gretchen Whitmer and Michigan Department of Health and Human Services (DHHS) Director Robert Gordon on Thursday morning announced policy changes aimed at making access to food assistance and other public benefits easier for families. “These asset test policy changes are important because right now too many Michigan families are struggling to get ahead,” said Whitmer in a press … Continue reading New: Whitmer, DHHS announce plan to ease access to public assistance

(Mid-America Pension Rights Project): GE’s pension freeze puts a spotlight on America’s retirement planning problem

Via Yahoo News By Ethan Wolff-Mann The news that General Electric (GE) was freezing its pension for 20,000 workers this week and offering buyouts to 100,000 former employees sent the company’s beleaguered stock up slightly, but dealt the two fierce blows to two great American institutions. The first: GE itself. An American staple and iconic industrial company that has employed hundreds of thousands — if not millions … Continue reading (Mid-America Pension Rights Project): GE’s pension freeze puts a spotlight on America’s retirement planning problem

Our Lifetime Commitment to You and Yours

By Vonda Vantil, Social Security Public Affairs Specialist Social Security is here with information, tools, and benefits to help you secure today and tomorrow. Our journey together begins when you’re born and get your Social Security card. It continues when you get your first job and follows you through your entire career, marriage, and retirement. Our commitment is to be with you throughout life’s journey. … Continue reading Our Lifetime Commitment to You and Yours

Social Security Can Help You Get Back to Work

By Vonda VanTil, Social Security Public Affairs Specialist Having a job means different things to different people, but it can give you a sense of self, a community to rely on, and much-needed structure. Some people define themselves through their work. Others may enjoy the social aspect of their jobs. If you rely on Supplemental Security Income (SSI) payments or Social Security Disability (SSDI) benefits … Continue reading Social Security Can Help You Get Back to Work

(Mid-America Pension Rights Project): ERISA at 45: Where do we go from here?

Via BenefitsPro By Alan Vorchheimer September 2019 marks the 45th anniversary of President Gerald Ford signing the Employee Retirement Income Security Act, commonly called ERISA. Of course, the issue of retirement income security is as relevant as ever, particularly given questions about the long-term sustainability of current Social Security benefit levels. We can use this occasion to review the issues that the legislation was intended to address, … Continue reading (Mid-America Pension Rights Project): ERISA at 45: Where do we go from here?

Preparing for Power Outages

By Abigail Haller, Screening Integration Coordinator at Elder Law of Michigan Michigan is known for its erratic weather and harsh winters. Even though it may be difficult to predict when a snowstorm will arrive, being prepared is something anyone can do. Being prepared before, during, and after a winter storm can alleviate stress and help keep you and your loved ones safe. The Michigan State Police have … Continue reading Preparing for Power Outages

Your Earnings Record is Both Your Financial History and Your Financial Future

By Vonda Vantil, Social Security Public Affairs Specialist Social Security is an earned benefit. Your earnings history is a record of your progress toward your benefits. Social Security keeps track of your earnings so we can pay you the benefits you’ve earned over your lifetime. This is why reviewing your Social Security earnings record is so important. If an employer didn’t properly report just one … Continue reading Your Earnings Record is Both Your Financial History and Your Financial Future

(Mid-America Pension Rights Project): Proposed Hardship Distribution Regulations Mean Changes for 401(k) and 403(b) Plan Sponsors

Via JD Supra By Samantha Kopacz and Samuel Parks Employer-sponsors of certain retirement plans have work to do prior to the end of 2019. Sponsors of Internal Revenue Code (“Code”) section 401(k) and 403(b) plans must analyze their plan documents and associated administrative procedures in order to ensure compliance with newly issued guidance related to hardship distributions. On November 18, 2018, the Internal Revenue Service … Continue reading (Mid-America Pension Rights Project): Proposed Hardship Distribution Regulations Mean Changes for 401(k) and 403(b) Plan Sponsors

Back to School with Social Security

By Vonda Vantil, Social Security Public Affairs Specialist It typically takes people a lifetime of planning to reach their retirement goals. The earlier young workers know about saving for their future, the better chance they’ll have at achieving a comfortable retirement. This is why Social Security has created a resource specifically for teachers and students. Our Information for Educators page contains a toolkit with information … Continue reading Back to School with Social Security

(Mid-America Pension Rights Project): Coal Miners Back in Washington Fighting for Benefits

Via Western Kentucky University By Becca Schimmel United Mine Workers and supporters were on Capitol Hill Wednesday in an effort to shore up their pension and health benefits. More than 43,000 coal miners in Kentucky, Ohio and West Virginia are growing anxious about losing their retirement benefits. The coal miner’s union says its pension fund will be insolvent in three years if Congress doesn’t take action. If … Continue reading (Mid-America Pension Rights Project): Coal Miners Back in Washington Fighting for Benefits