Category: Retirement

Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future, Retirement

(Mid-America Pension Rights Project): More plans looking to hang on to assets of departing workers

Via Pensions&Investments By Margarida Correia Employees may leave their jobs but the money in their retirement plans can stay. That’s the thinking among a growing number of defined contribution plan sponsors, particularly those running large plans, recent studies from Alight Solutions and Callan LLC show. With baby boomers retiring, plan sponsors would rather not see their assets “walk out the door” as it could compromise their ability … Continue reading (Mid-America Pension Rights Project): More plans looking to hang on to assets of departing workers

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FYI, Money and Finances, Planning for the Future, Retirement, seniors, Social Security, Technology

Retire Online with Social Security Quickly and Easily

By Vonda Vantil, Social Security Public Affairs Specialist The idea of applying for Social Security retirement benefits might seem daunting, but it’s not. There’s no need to visit an office. You don’t have to use the phone. We have an online retirement application that you can complete in as little as 15 minutes and from the comfort of your home or office. In most cases, … Continue reading Retire Online with Social Security Quickly and Easily

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Planning for the Future, Retirement

(Mid-America Pension Rights Project): How to Find an Old 401(k) Account

Via U.S. News By Emily Brandon DURING THE FRENZY OF leaving behind an old job and getting acclimated to a new position, rolling over your 401(k) plan isn’t always your first priority. Some people even lose track of a 401(k) plan at a former employer. Here’s what to do if you’re trying to find funds held in a previous employer’s 401(k) plan. Read the full article. Continue reading (Mid-America Pension Rights Project): How to Find an Old 401(k) Account

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An African American family enjoys a picnic outdoors.
Celebratory Month, Disability, Money and Finances, Planning for the Future, Retirement

Social Security and Black History Month

By Vonda Vantil, Social Security Public Affairs Specialist In February, our nation honors African Americans by celebrating Black History Month. Recognizing our shared history is one way we can affirm our belief in freedom and democracy for all. For more than 80 years, Social Security has helped secure today and tomorrow with financial benefits, information, and tools for people of countless backgrounds and ethnicities that … Continue reading Social Security and Black History Month

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Client story, Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future, Retirement

(Mid-America Pension Rights Project): Mr. K’s Story

By Sandra Wisnewski, Director of the Mid-America Pension Rights Project  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 MAPRP works to find answers and solutions to your pension-related problems. Just ask Mr. K.  Mr. K. worked for a company located in Michigan and was a member of a union. He left the company in … Continue reading (Mid-America Pension Rights Project): Mr. K’s Story

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Disability, FYI, Health, medical, Medicare/Medicaid, Money and Finances, Planning for the Future, Retirement, senior independence, seniors, Social Security, SSI, veterans

Social Security Q&A Part 18

By: Vonda VanTil, Social Security Public Affairs Specialist Question: I am receiving Social Security retirement benefits and I recently went back to work. Do I have to pay Social Security (FICA) taxes on my income? Answer: Yes. By law, your employer must withhold FICA taxes from your paycheck. Although you are retired, you do receive credit for those new earnings. Each year Social Security automatically … Continue reading Social Security Q&A Part 18

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FYI, Money and Finances, Planning for the Future, Retirement, seniors, Social Security

Be the First to Know: Online COLA Notices

By Vonda Vantil, Social Security Public Affairs Specialist We are constantly expanding our online services to give you freedom and control when doing business with us. Our new online cost-of-living adjustment (COLA) notices are another example of our commitment in this area. Soon, you’ll be the first to know your new benefit amount! Later this year, we will post the Social Security COLA notices online … Continue reading Be the First to Know: Online COLA Notices

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Legal, Mid-America Pension Rights Project, Money and Finances, Pension, Planning for the Future, Retirement

(Mid-America Pension Rights Project): Family Law: Military Divorce Retirement, Pension Rules Change

Via The National Law Review By Jaliz Maldonado In the year 2017, the National Defense Authorization Act underwent a revision concerning the way in which pension of military personnel is divided in the case of a divorce between the spouses. While previously, it was thought to be the decision of the State under the USFSPA enacted in 1982, now Congress has come up with a single, … Continue reading (Mid-America Pension Rights Project): Family Law: Military Divorce Retirement, Pension Rules Change

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FYI, Money and Finances, Retirement, seniors, Social Security

Understanding Spouse’s Benefits

By Vonda Vantil, Social Security Public Affairs Specialist Marriage is a cultural institution that exists all over the world. Having a partner means sharing many things including a home and other property. Understanding how your future retirement might affect your spouse is important. When you’re planning for your fun and vibrant golden years, here are a few things to remember. If a spouse accepts reduced … Continue reading Understanding Spouse’s Benefits

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A question mark drawn in white chalk on a blackboard.
Disability, FYI, Health, medical, Medicare/Medicaid, Money and Finances, Planning for the Future, Retirement, senior independence, seniors, Social Security, SSI, veterans

Social Security Q&A Part 17

By: Vonda VanTil, Social Security Public Affairs Specialist Question: I have diabetes and I have to take insulin. Is my insulin covered by Medicare? Answer: Medicare Part B does not cover insulin unless use of an insulin pump is medically necessary. However, certain Medicare Part D prescription drug plans may cover insulin and certain supplies used to inject insulin, like syringes. For more information, please … Continue reading Social Security Q&A Part 17

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