Category: Retirement

Three women smile while walking in a field together.
Medicare/Medicaid, Money and Finances, Retirement, Social Security

Why Social Security Retirement is Important to Women

By Vonda Vantil, Social Security Public Affairs Specialist Social Security plays an especially important role in providing economic security for women. In the 21st century, more women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. But, women face greater economic challenges in retirement. Women: tend to live longer than men. A woman … Continue reading Why Social Security Retirement is Important to Women

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The hands of two people sitting at a desk, one person is holding a pen over a form on a clipboard.
Disability, Insurance, medical, Medicare/Medicaid, Money and Finances, Planning for the Future, Retirement, Social Security

Social Security and Medicare, Working Side by Side

By Vonda Vantil, Social Security Public Affairs Specialist Medicare is the federal health insurance program for people who are 65 or older and certain younger people with disabilities. It is also for people with End-Stage Renal Disease (permanent kidney failure requiring dialysis or a transplant, sometimes called ESRD). The different parts of Medicare help cover specific services. Medicare Part A (hospital insurance) helps pay for … Continue reading Social Security and Medicare, Working Side by Side

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Retirement, seniors, Social Security, veterans

Helping veterans and active duty military members

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

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

(Mid-America Pension Rights Project): Worried about a missing pension or 401(k)? Here’s where you can get help

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

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

Social Security Q&A Part 16

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

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A man uses a laptop while sitting at a work bench.
Disability, Money and Finances, Planning for the Future, Retirement, seniors, Social Security, SSI

Seasonal Work Can Empower You

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

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

(Mid-America Pension Rights Project): Retirement Withdrawal Strategies: Which Should You Use?

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?

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

(Mid-America Pension Rights Project): IRS Raises 401(k), IRA Contribution Limits for 2019

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

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Money and Finances, Pension, Planning for the Future, Retirement, seniors

(Mid-America Pension Rights Project): AK Steel transfers $280 million in pension liabilities with group annuity purchase

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

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

(Mid-America Pension Rights Project): Western Pennsylvania Teamsters fund seeks benefit reductions

Via Pensions & Investments By Hazel Bradford Western Pennsylvania Teamsters and Employers Pension Fund, Pittsburgh, applied for permission to reduce benefits to remain solvent, according to the Treasury Department website listing applications under the Kline-Miller Multiemployer Pension Reform Act of 2014. As of Jan. 1, 2017, the pension fund had $718.4 million in assets and $2.2 billion in liabilities, according to its most recent Form 5500; it … Continue reading (Mid-America Pension Rights Project): Western Pennsylvania Teamsters fund seeks benefit reductions

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