By Vonda Vantil, Social Security Public Affairs Specialist Every year on Veterans Day, we honor the people who risk their lives to protect our freedom. Social Security honors veterans and active duty members of the military every day by giving them the respect they deserve. Social Security’s disability program is an important part of our obligation to wounded warriors and their families. For military members … Continue reading Helping veterans and active duty military members
Via Detroit Free Press By Susan Tompor Randy Sigley, 63, who grew up in West Virginia, remembers that jobs were hard to come by in the mid-1970s so he headed to Ohio to work in a factory making concrete pipe. He got that job about a year out of high school and made sure to hold onto it at least 10 years because he always heard that he’d … Continue reading (Mid-America Pension Rights Project): Worried about a missing pension or 401(k)? Here’s where you can get help
By: Vonda VanTil, Social Security Public Affairs Specialist Question: Can I refuse to give my Social Security number to a private business? Answer: Yes, you can refuse to disclose your Social Security number, and you should be careful about giving out your number. But, be aware, the person requesting your number can refuse services if you don’t give it. Businesses, banks, schools, private agencies, etc., … Continue reading Social Security Q&A Part 16
By Vonda Vantil, Social Security Public Affairs Specialist Soon after school begins in the fall, many businesses begin advertising for seasonal workers. It’s a good way for people to make some extra income during the busy holiday season or ease back into working. The diversity of jobs appeals to many people. Each year, companies also hire for seasonal work-from-home positions. These jobs include: customer service, … Continue reading Seasonal Work Can Empower You
Via NerdWallet By Andrea Coombes It’d be nice if saving for retirement was all we had to do. Turns out, we also need to decide on the best way to pull out our savings once we retire. Luckily, smart people have come up with a variety of tactics to stretch our savings for the long haul. Read on to review some of the most popular … Continue reading (Mid-America Pension Rights Project): Retirement Withdrawal Strategies: Which Should You Use?
Via ThinkAdvisor By Marlene Satter The IRS has announced in Notice 2018-83 new cost-of-living adjustments that affect dollar limitations for defined contribution plans and other retirement-related items for tax year 2019. Those contributing to 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan will be able to boost their contribution from $18,500 to $19,000. IRA contributions, not raised since 2013, will now be $6,000, … Continue reading (Mid-America Pension Rights Project): IRS Raises 401(k), IRA Contribution Limits for 2019
Via Pensions&Investments By Rob Kozlowski AK Steel Corp., West Chester, Ohio, purchased a group annuity contract from Massachusetts Mutual Life Insurance Co. to transfer about $280 million in pension liabilities, spokeswoman Lisa H. Jester said in an email. The transaction took place this month, according to a 10-Q filing with the SEC on Friday. AK Steel transferred the liabilities of about 5,400 retirees and beneficiaries to the … Continue reading (Mid-America Pension Rights Project): AK Steel transfers $280 million in pension liabilities with group annuity purchase