Social Security

You may be better off smoking than investing into a Traditional IRA or 401(k)

It’s not up for debate, smoking is bad for you. It leads to cancer, harms every single organ in the body and has become somewhat expensive as well, but when planning for retirement you may be better off smoking than investing into a Traditional IRA or 401(k). Sounds ridiculous, we know, but with the understanding […]

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CNBC Feature – Medical costs take big bite out of Social Security benefits

Social Security planning is a major focus for financial advisors and their clients — and with good cause. If you look at the data and statistics from Social Security, the reason is clear: Among elderly Social Security beneficiaries, 53 percent of married couples and 74 percent of unmarried people receive half or more of their […]

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Social Security benefits may be going down for just about everybody.

If you have been paying attention to Medicare and Social Security, it is obvious that come 2017 the Medicare Part B premium is going to a little dance.  Unfortunately there will be no love, as many retirees will see their Social Security benefit go down after the stroke midnight on December 31, 2016 and unlike […]

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Save Social Security??? Then increase the benefits for everyone!

Over the years there has been plenty of rhetoric about Social Security becoming insolvent in the very near future. So far those predictions have not come to fruition.  However, recently the rhetoric has been ramped up again. Syndicated radio talk show host Mark Levin has dedicated countless hours on the subject. Barons has written numerous […]

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Chris Christie’s plan to save Social Security by taking away your benefit. Unfortunately it has already be done!!!

Do you ever get the feeling that the country has either checked out as a whole, or has been brought back to life by Dr. Frankenstein using Abby Normal’s brain? New Jersey Governor Chris Christie announced his steps to save the Social Security program for the entire country the other day in New Hampshire, and […]

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Social Security and Medicare are hand in hand

What may be flying under the radar at many of the Social Security seminars being held across the country is that in order to even receive this benefit one must, when eligible, enroll into Medicare or else.

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Social Security Planning may be hazardous to your health

Social Security, the million dollar seminar that is running through the financial industry like three day old sushi, is arguably the biggest thing to happen since Pets.com or the average Baby Boomer learning about call options. It would seem every single financial firm in the country has some sort of presentation, booklet, sales concept and/or […]

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Your retirement savings may just already be nationalized by the government

With the unveiling of the President’s signature retirement savings account for individuals who do not have the access to an employer retirement savings plan, the myRA account, whispers of nationalizing Employer Retirement Plans are starting to appear.

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