(Mid-America Pension Rights Project): A Working-Class Program that Works to Solve Your Pension Problems

Sandra Wisnewski, Director of the Mid-America Pension Rights Project at Elder Law of Michigan The Mid-America Pension Rights Project (MAPRP) assists clients with pension and 401(k) issues.  There are no age or income restrictions and there is never a charge for the services. The Pension Project works to find answers and solutions to your pension-related problem. Just ask Ms. X. Ms. X worked for an … Continue reading (Mid-America Pension Rights Project): A Working-Class Program that Works to Solve Your Pension Problems

That’s for the Birds

By Ron Tatro, Vice President at Elder Law of Michigan My family’s home is in the country and we are surrounded by nature. Deer, turkeys, coyotes, and sandhill cranes roam the fields. Our back yard is home to countless species of birds. They range from large birds such as hawks and eagles to doves, cardinals, and songbirds. For me, they are a reminder of the changing … Continue reading That’s for the Birds

Maintaining Emotional Wellness

By Betsy Smith MiCAFE Network Shareholder and Partner Manager at Elder Law of Michigan Stress and depression can have adverse effects on our physical health, and when left unchecked, both can lead to chronic conditions. To raise awareness about the importance of mental well-being, October is observed as Emotional Wellness Month. Many seniors enjoy the freedom of retirement; fewer responsibilities, and more time for travel … Continue reading Maintaining Emotional Wellness

Social Security Announces 1.6 Percent Benefit Increase for 2020

By Vonda Vantil, Social Security Public Affairs Specialist Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration announced today. The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security beneficiaries in January 2020. Increased payments to more than 8 million SSI beneficiaries will … Continue reading Social Security Announces 1.6 Percent Benefit Increase for 2020

(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

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

Social Security Terms in Plain Language

By Vonda Vantil, Social Security Public Affairs Specialist Some of the terms and acronyms (an abbreviation of the first letters of words in a phrase) people use when they talk about Social Security can be a little confusing. We’re here to help you understand all you need to know. Social Security employees strive to explain benefits using easy-to-understand, plain language. In fact, The Plain Writing … Continue reading Social Security Terms in Plain Language

(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