Social Security’s Recent Top Five Blogs

By Vonda VanTil, Social Security Public Affairs Specialist Social Security matters to millions of people and that’s why we aptly named our blog Social Security Matters. Over the past several years, more and more people have realized that our blog is a trusted source for information and easy-to-share articles. Here are five recent popular blog posts: Three Common Ways Your Social Security Payment Can Grow … Continue reading Social Security’s Recent Top Five Blogs

Sign up for Medicare and Estimate Medicare Costs

By Vonda VanTil, Social Security Public Affairs Specialist Affordable medical coverage is something everyone wants, especially as people age. Luckily, our nation has safeguards for workers as they get older. Millions of people rely on Medicare, and it can be part of your health insurance plan when you retire. Medicare is available for people age 65 or older, as well as younger people who have … Continue reading Sign up for Medicare and Estimate Medicare Costs

A question mark drawn in white chalk on a blackboard.

Social Security Q&A Part 20

By: Vonda VanTil, Social Security Public Affairs Specialist Question: Is it true I can save about $4,900 per year if I qualify for Social Security’s Extra Help with the Medicare prescription drug program? Answer: Yes. If your income and resources meet the requirements, you can save nearly $4,900 in prescription costs each year. Resource limits for 2018 are $14,100 (or $28,150 if you are married … Continue reading Social Security Q&A Part 20

Self Employment and Social Security

By Vonda VanTil, Social Security Public Affairs Specialist Many people enjoy the independence of owning and operating their own small business. If you’re a small business owner, you know that you have additional financial responsibilities when reporting your taxes. A part of this is paying into Social Security. Most people who pay into Social Security work for an employer. Their employer deducts Social Security taxes … Continue reading Self Employment and Social Security

Habitat for Humanity Home Repair Program

By Sheila Robison, MiCAFE Network Economic Security Team Member at Elder Law of Michigan Modifications and home improvements are crucial for most homeowners, especially for the senior citizen community. In current economic times, the expense of fixing up a home can be more than what is expected. Our pocketbooks are often not equipped to cover the costs of maintenance a home may need, and thus worry … Continue reading Habitat for Humanity Home Repair Program

(Mid-America Pension Rights Project) Michigan Sheet Metal Workers Pension Applies for Benefits Cuts

Via AI-CIO By Michael Katz The trustees of the Sheet Metal Workers Pension Fund of Troy, Michigan, have reapplied for approval from the US Department of Treasury of a proposed suspension of benefits. The fund’s actuaries have estimated that as of May 1, 2019, the pension is only 40.6% funded, and is projected to become insolvent in the plan year beginning May 1, 2033. According … Continue reading (Mid-America Pension Rights Project) Michigan Sheet Metal Workers Pension Applies for Benefits Cuts

Retired Senior Volunteer Program

By Stephanie Woods, Empowerment Specialist at Elder Law of Michigan Did you know senior isolation can lead to an increased risk of depression, cognitive decline, and a higher rate of mortality? Social isolation also makes seniors more susceptible to elder abuse, as they typically have less access to help. Physical activity and technology have been shown to reduce isolation and loneliness, but one of the … Continue reading Retired Senior Volunteer Program

Three Financial Literacy Tips for Seniors

By Denise Keiser, Fund Development Specialist at Elder Law of Michigan April highlights the importance of financial education. But, how do we ensure the principles shared during the month have a lifelong effect far beyond the month of April, especially for seniors? Financial literacy, after all, offers individuals the ability to make smart, informed decisions about their financial resources which stretch from money to housing and … Continue reading Three Financial Literacy Tips for Seniors

A question mark drawn in white chalk on a blackboard.

Social Security Q&A Part 19

By: Vonda VanTil, Social Security Public Affairs Specialist Question: Can I delay my retirement benefits and receive benefits as a spouse only? How does that work? Answer: It depends on your date of birth. If you were born on or before 01/01/1954 and your spouse is receiving Social Security benefits, you can apply for retirement benefits on your spouse’s record as long as you are … Continue reading Social Security Q&A Part 19

(Mid-America Pension Rights Project): Michigan can say ‘thank u, Ariana Grande’; Her hit ‘7 Rings’ boosts state pension funds

Via Lansing State Journal By Carol Thompson Michigan pensioners get a little boost every time Ariana Grande’s chart-topping song “7 Rings” hits the airwaves. That’s good news for the more than 530,000 people tied to the state’s pension programs, most of which are not fully funded. There isn’t a direct line between “7 Rings” to pensioners’ pockets, but it’s pretty close. Here’s the connection: In the song, Grande puts … Continue reading (Mid-America Pension Rights Project): Michigan can say ‘thank u, Ariana Grande’; Her hit ‘7 Rings’ boosts state pension funds