By Vonda Vantil, Social Security Public Affairs Specialist After a lifetime of working, you deserve a comfortable retirement. For over 80 years, Social Security has been helping people shape their future, assisting them with a variety of benefits. It’s up to you as to when you start retirement benefits. You could start them early or wait until your “full retirement age,” or delay retirement to … Continue reading When is a Good Time to Start Receiving Social Security Benefits?
Via Lansing State Journal By Beth LeBlanc March 7, 2018 Seven Lansing-area public employee retirement plans have come under scrutiny from the state for their unfunded liabilities. The Michigan Department of Treasury contacted pension plan administrators last week to inform them that reports they submitted to the state in January had triggered a preliminary review of the policies’ “underfunded status.” Read the full article. Continue reading State hones in on ‘underfunded’ pension and health care plans, including 7 in mid-Michigan
By Vonda Vantil, Social Security Public Affairs Specialist Seeing taxes taken out of your paycheck can be confusing when you get your first paycheck. Understanding how important your contribution is can help. Your taxes are helping millions of Americans — wounded warriors, the chronically ill, and people with disabilities — as well as protecting you and your family for life. You can take pride in … Continue reading Your Contributions Help Millions
By Jadranko Tomic- Bobas, J.D., Managing Hotline Attorney; Julia Miller and Emilee Evans, Elder Law of Michigan Interns. Guardianship is a process that allows for one person, a “guardian,” to make decisions for and ensure the care of a person and their limited assets when that person is unable to do so themselves (MCL 700.5314). While this is most commonly thought of as the relationship … Continue reading A Guide to Guardianship: Probate vs. Mental Health Code
By Michelle Goetz, Project Coordinator Did you know that President Ronald Reagan proclaimed March as National Developmental Disabilities Awareness Month in 1987? In fact, 2018 marks the 31st anniversary of the signing of the Presidential Proclamation that designated March as Developmental Disabilities Awareness Month. This movement created an opportunity to promote respect and equality for people with disabilities; disabilities that are outwardly obvious (a person who is in a wheelchair or uses a … Continue reading MARCH IS DEVELOPMENTAL DISABILITIES AWARENESS MONTH
Elder Law of Michigan staff members are attending the conference. #hungerpc18 Continue reading Elder Law of Michigan @ The National Anti-Hunger Policy Conference
Via Michigan Radio By Stateside Staff Retirement accounts, specifically 401(k) plans, were never intended to be a substitute for a pension. But, the reality is, most people, if they have a retirement account at all, it’s a 401(k). Last year, the Wall Street Journal ran a piece in which the creators of the 401(k) worry about what they started. The 401(k) was designed to supplement income from Social Security and a pension. Frank Stafford, a professor … Continue reading 401(k) plans never meant to be a complete retirement plan. Where does that leave future retirees?