Social Security Oct 16, 2009
Suicide Car Bomber Strikes Pakistani City of Peshawar. By ALICE GOMSTYN ABC NEWS Business UnitOct. (ABC News -- Business)
Plan to send $250 to seniors gets a lift Oct 16, 2009
Social Security payments, however, do not go down when prices drop. The White House said the payments would cost $13 billion. (Boston Globe)
Social Security Makes It Official: No COLA In 2010 Oct 16, 2009
Social Security payments do not go down, even when prices drop ... Government analysts have been forecasting for months that there would be no increase next year in monthly Social Security payments because of falling consumer prices ... They note that Social Security payments increased by 5. (Click2Houston, TX)
MICHELLE OBAMA WRITES COLUMN: Teachers Are Key to a Successful Economy... Oct 16, 2009
The government is not adjusting Social Security payments upward next year. Should they. (The Drudge Report)
No raise in Social Security in 2010 Oct 16, 2009
The decline in consumer prices this year means there will be no increase in Social Security payments next year for the more than 57 million Americans receiving benefits. It will be the first year without a raise since automatic increases for inflation took effect in 1975. (Charlotte Business Journal, NC)
No cost-of-living boost for many seniors in 2010 Oct 16, 2009
Social Security payments do not go down, even when prices drop. The White House said the stimulus payments would cost $13 billion, though a congressional estimate put the cost at $14 billion. (Athens Banner-Herald)
Republicans: Pay for Social Security stimulus using recovery act funds Oct 16, 2009
The White House earlier Thursday morning, after news broke that Social Security payments would remain unchanged next year because inflation was not high enough to automatically trigger a cost-of-living increase. To combat that, the White House's tentative plan would offer seniors a one-month, $250 boost a proposal estimated to cost the federal government $13 billion. (TheHill.com)
No raise for US welfare claimants Oct 16, 2009
The US government has said there will be no cost-of-living allowance increase next year for more than 57m people receiving Social Security payments. 2010 will be the first year without a rise for three decades. (BBC News -- Americas)
No cost of living increase this year for Social Security recipients Oct 16, 2009
Social Security payments do not go down, even when prices drop ... Social Security payments increased by 5. (FOX19.com, OH)
Obama Calls For $250 Payment To Senior Citizens Oct 15, 2009
It would mark the first year without an increase in Social Security payments since automatic adjustments were adopted in 1975. The $250 payments would also go to those receiving veterans benefits, disability benefits, railroad retirees and public employee retirees who don't receive Social Security. (KWTX.com, TX)
America Needs a Constitutional Reformation Oct 12, 2009
If you haven't noticed, because of the increase in the numbers of seniors applying for Social Security and the decrease in employed workers paying into taxes, the money going out in Social Security payments is now exceeding receipts. The tipping point projected for 2017 is already here. (Townhall.com)
$14M in help for veterans Oct 10, 2009
Medical expenses can be deducted from income to determine eligibility, although Social Security payments cannot, he said. A veteran receiving $600 from Social Security would, if approved for a wartime pension, receive $370 per month. (Paragould Daily Press, AR)
The anger industry, at work again Oct 7, 2009
Truly, there will be no increase in Social Security payments in 2010 ... The law provides that in such cases Social Security payments remain unchanged in the following year. (Albany Times Union)
Do you have enough to retire? Oct 4, 2009
The 75-year-old retired rural electrical association worker now lives off of his Social Security payments. He has become frugal with his money as he waits for the stock market to come back and provide the suitable nest egg hell need to enjoy the rest of his retirement. (Gillette News-Record, WY)
Ask AP: Capt. 'Sully's' jetliner, Somali pirates Oct 2, 2009
Most seniors have their Medicare premiums deducted from their Social Security payments ... An e-mail that's circulating widely says that Medicare premiums will go up again this year and the next, while Social Security payments remain unchanged ... By law, Medicare Part B premiums covering physician visits do not increase for the vast majority of seniors if there is no increase in Social Security payments. (Fresno Bee -- Nation)
Seven Insurance Myths That Can Cost You Oct 1, 2009
Unlike group policies, the amount you get from individual plans usually is not reduced by other benefits, such as Social Security payments. Plus, if you purchase your own policy, disability benefits are not usually taxed (as they are if your employer pays for coverage). (CBS News)
House OK’s bill to stop Medicare premium hikes Sep 25, 2009
Most seniors have their Medicare premiums deducted from their Social Security payments. Under the law, the vast majority of Medicare recipients are exempt from Part B premium increases whenever there is no increase in Social Security payments ... About 42 million seniors and people with disabilities are enrolled in Medicare Part B. By law, about three-fourths are exempt from premium increases when there is no increase in Social Security payments. (Boston Globe)
House to vote on Medicare premium hikes Sep 24, 2009
Social Security COLAs and Medicare Part B premiums have been tied together for years because most seniors have their Medicare premiums deducted from their Social Security payments. No cost-of-living increasesThe Social Security Administration projects no cost-of-living increases for the next two years because the adjustments are pegged to inflation, which has been negative this year, largely because energy prices are below 2008 levels. (MSNBC -- Politics)
Ask Carrie: How to Plan for a Shorter Retirement Sep 16, 2009
By the way, most people receive higher benefits by waiting until they're 70 to start receiving Social Security payments, but if you have reason to think your retirement will be half as long, you may prefer to take the benefits as early possible. The Social Security website () has a useful break-even calculator to help you figure out the best time for you to start receiving benefits. (Townhall.com)
U.S. incomes plunged in '08 Sep 11, 2009
The report covers a wide range of pre-tax income, such as wages, Social Security payments and dividends. It doesn't count the value of non-cash benefits, such as food stamps. (AZCentral -- News)
Rise in pension pay won't flow to unemployed Sep 11, 2009
PEOPLE looking for work can spend more than five years living on one of the lowest social security payments, new figures show. People receiving the unemployment payment, known as Newstart, or the single parent payment are exempt from increases to the age and disability pension. (Sydney Morning Herald -- Australia)
Washington's Lies Sep 4, 2009
The Social Security pamphlet closes with another lie: "Beginning November 24, 1936, the United States government will set up a Social Security account for you ... The checks will come to you as a right." First, there's no Social Security account containing your money, but more importantly, the U.S. Supreme Court has ruled on two occasions that Americans have no legal right to Social Security payments. We can thank public education for American gullibility. (Townhall.com)
Hidden pockets of elderly said to be in poverty Sep 4, 2009
Millions face shrinking Social Security payments ... Nevertheless, monthly payments would drop for millions of people in the Medicare prescription drug program because the premiums, which often are deducted from Social Security payments, are scheduled to go up slightly. (Fresno Bee -- Local)
Read 'Cost of Freedom' recap Sep 1, 2009
Uncle Sam is not expected to hike Social Security payments next year for the first time since the 1970s. Now our Informers say don't tie your retirement to the government. (Fox News)
No COLAs for seniors Aug 30, 2009
Those premiums often are deducted from monthly Social Security payments, so the checks will be smaller. We sympathize with seniors on fixed incomes who will have to adjust to the lower monthly payments. (Herald Online, SC -- Opinion)
Jaime Richardson | Green Valley News Del Coronado residents (from left) Lester Herrud, Maurie Dennisen and Margaret Brinkmeyer are concerned about Social Security checks that won’t go as far the next couple of years. Aug 27, 2009
We are certainly aware that Social Security payments are probably not going up, but our residents are more concerned about Medicare costs, said Anndi Meneely, site manager at Del Coronado retirement apartments in Green Valley, which charge according to income and cater to low-income seniors and the disabled ... Nevertheless, monthly payments would drop for millions of people in the Medicare prescription drug program because the premiums, which often are deducted from Social Security payments,... (Green Valley News & Sun, AZ)
Social Security payments shrink Aug 27, 2009
About 6 million people in the program have premiums deducted from their monthly Social Security payments, according to the Social Security Administration. Millions of people with Medicare Part B coverage for doctors visits also have their premiums deducted from Social Security payments. (Ontario Argus Observer, OR)
No Social Security increase? Aug 27, 2009
Area seniors are concerned about news there will be no cost of living increase in their Social Security payments next year. On Tuesday, Norma DeRose (from left) Evelyn Fox, Claretta Leuchtenberg, Richard Lauritzen, Karen Huskey, Toni Miller and Bernice Pettit gathered at the Senior Service Center in Princeton to share their concerns about how the lack of an increase will affect them and other area seniors. (Princeton Bureau County Republican, IL)
Retirees fear shrinking Social Security checks Aug 26, 2009
That means a freeze in Social Security payments will translate into a drop in real purchasing power for many seniors, said Jo Wiejahn, a senior citizen in South Bend, Ind ... Annual percentage increase in Social Security payments derived from the cost-of-living index ... Because premiums for the Medicare prescription drug program are expected to increase, checks for Americans who have their premiums deducted directly from their Social Security payments will actually be a little smaller. (MSNBC -- Politics)
All villages to enjoy banking in 2 yrs Aug 25, 2009
The state machinery is also expected to expedite the use of IT solutions for the disbursal of National Rural Employment Guarantee Act (NREGA) and social security payments and extend support to banks for the recovery of dues. It also envisages a greater role for private sector banks. (India Times)
Bipartisan Support Only With Co-Op Aug 24, 2009
Social Security Payments to Shrink for First Time in a Generation. The trustees who oversee Social Security are projecting there won't be a cost of living adjustment (COLA) for the next two years. (CBS News)
* Hermit who froze mom in ice wants to stay in hole Aug 24, 2009
He kept her hidden because he feared police might charge him with homicide and he needed her Social Security payments. A judge sentenced Schuth in November 2005 to seven years in prison and 10 years extended supervision for hiding a corpse, attempted homicide and recklessly endangering safety. (Taipei Times, Taiwan -- Business)
White House explains Obama 'Wee-weed up' comment... Aug 22, 2009
When you accept Medicare and Social Security payments, pay your taxes, obey government regulations, then you are participating in socialism. Social Security, Medicare, rent and food assistance are successful social programs that have been operating for years. (The Drudge Report)
Kiplinger: N.C. ranks high for retirees Aug 22, 2009
North Carolina was among 27 states that don t include Social Security payments as taxable state income. Other factors contributing to the favorite destination label included the state s exclusion of up to $4,000 in taxing state and local government pensions and its exemption of up to $2,000 for private pensions. (Charlotte Business Journal, NC)
Obama's Brick Wall: The American People Aug 21, 2009
They are worried about losing Medicare and social security payments. There is still a long haul remaining for the conservative minority to educate and convince the public that the very programs they fear Barry's insane spending is jeapordizing are part of the problem. (Townhall.com)
Md. taxes mixed bag for retirees Aug 21, 2009
While the Free State is one of 27 states that don t tax Social Security payments, it taxes real estate at its full value, imposes a state sales tax of 6 percent and a state income tax ranging from 2 percent to 6. 25 percent. (Baltimore Business Journal, MD)
Letters to the Editor Aug 17, 2009
You are also welcome to refuse Medicare and Social Security payments if you like. Clifford Lanxner, Applegate. (Sacramento Bee -- Opinion)
$250K child support, alimony case will go to trial Aug 14, 2009
Davis indicated some of Cohen's Social Security payments had been garnished to make payments. Shelley Cohen asked Kaplan for a $10,000 payment and jail time for her ex, saying she had been to court numerous times. (Framingham TAB, MA)
Brazil's Bovespa Rises to Highest in Year as Banks Rally; Bolsa Advances Aug 6, 2009
Aug. 5 (Bloomberg) -- rose to the highest in year as commodity prices jumped and banks rallied on speculation they will be awarded rights to handle social security payments, bolstering their earnings prospects. and rose more than 1. (Bloomberg -- Latin America)
Consumer spending up, personal income down Aug 5, 2009
3 percent in June from May, as Social Security payments and stimulus spending dropped off. That drop was larger than government and market estimates, which had predicted a 1 percent decline. (Charlotte Business Journal, NC)
Prices rise, wages fall in June Aug 5, 2009
2 percent in May, reflecting how people had saved their one-time Social Security payments. Copyright 2009 Globe Newspaper Company. (Boston Globe)
College for autistics Aug 4, 2009
In particular, they are challenged to find alternatives to a life of dependency and Social Security payments that has been the main lot of adult autistics in California. An estimated 70 percent of adults with autism in California are unemployed, with the majority enrolled in the Supplemental Security Income/Social Security Disability Insurance systems. (San Francisco Chronicle -- Opinion)
Call to simplify benefits claims Aug 3, 2009
CPS director Jill Kirby said the projected bill for social security payments was "not sustainable" at a time of economic crisis. She added: "In its 1997 manifesto, New Labour promised to 'decrease the bills of economic and social failure'. It has failed to do so. "But for any reform to be effective, simplification is the essential first step. (BBC News)
Federal sites tell Stanislaus County's story in numbers Aug 1, 2009
Most of that money went to retirees through Social Security payments, Medicare and disability payments and to low-income residents in the form of food stamps and assistance programs. The federal government didn't employ many people or buy many products in Stanislaus. (Modesto Bee, CA)
Not broke, dont fix it Jul 25, 2009
Try to discontinue your Social Security payments, and you will quickly become aware of the difference between a tax and a fee for service. The last thing the citizens of the Big Bear Valley need is another board comprised of district representatives squabbling over political advantage, flinging accusations, and fighting for the right to claim having done a better job for their constituents. (Big Bear Grizzly, CA)
Jackson Estate Lawyers Seek Allowance For Children Jul 24, 2009
The children will also be eligible for Social Security payments, but those have not started yet, according to the filing. Attorneys had hoped to get a hearing before Beckloff on Thursday, but the judge decided to hold off until the Aug. 3 hearing, when numerous issues concerning the estate will be decided. (KFOXTV.com, TX)
House passes 'pay-as-you-go' budget bill Jul 23, 2009
If new spending or tax reductions are not offset, there would be automatic cuts in so-called mandatory programs although Social Security payments, food stamps and the Medicaid health care program for the poor and disabled would be exempt and cuts to Medicare would be sharply limited. The idea is that the threat of such so-called sequesters would ensure lawmakers wouldn't violate pay-go. (MSNBC -- Politics)
Wis. man gets 2 years in prison for hiding corpse Jul 23, 2009
(AP) ---- The leader of a Wisconsin religious order has been sentenced to two years in prison for hiding a dead follower's body on a toilet for weeks so he could collect her Social Security payments. Alan Bushey pleaded no contest to hiding a corpse in February. (North County Times)
Cult Leader Gets 2 Yrs. for Hiding Corpse Jul 23, 2009
Bushey was sentence to two years imprison July 22, 2009 for hiding the body of an elderly follower on a toilet for weeks so he could collect her Social Security payments. (AP Photo/Juneau County Sheriff). (CBS News)
Check your safety net Jul 22, 2009
" If you have a redraw facility, it can make sense to park the money in the mortgage, though Gordon says it's worth checking your terms first. Some lenders can "turn off" the redraw if you're unemployed. IPAC suggests putting the money into a high-interest savings account and paying yourself a set regular "salary", rather than making big financial commitments that could lead to trouble. Brookhouse says you should also take a realistic look at your employment prospects. Do you need to learn new... (Sydney Morning Herald -- Business)
No Fun for Consumer Discretionary Outfits Jul 20, 2009
Though the economy slowed in the first half of the year, American incomes got a substantial boost from federal spending and stimulus increased Social Security payments, a lower tax rate, and expanded unemployment benefits. "The lift those programs had to personal income is pretty much behind us now," Hembre says. (BusinessWeek)
Melrose's Clark, Tisei back states challenge of federal marriage law Jul 17, 2009
Beyond arguing that DOMA denies same-sex couples rights afforded to different-sex couples, such as federal tax credits, Social Security payments and other federally regulated benefits, the lawsuit states that Massachusetts is denied eligibility for federally funded programs. Coakley s lawsuit points out two such cases one involving Medicaid reimbursements and the other involving veterans cemeteries. (Melrose Free Press, MA)
Widows' wrath Jul 17, 2009
She is urging the government to provide social security payments, health care and education to the women, who have a low status in traditional Nepalese society. Humiliation. (BBC News -- South Asia)
City Sets August 1, 2009 As End of Storm Clean-up Grace Period Jul 16, 2009
He said he does not need a compensation package from the city, except for social security payments. After the discussion of the contract for Dismuke, Merriman brought up an e-mail (dated July 2, 2009) the council received from Dismuke saying Merriman was having unauthorized communications with City Clerk Barbara Stevens by asking the city clerk for certain information. (Park Hills Daily Journal, MO)
Autos, petrol buoy US retail sales Jul 15, 2009
Government efforts to restore the flow of credit and prop up incomes, through tax cuts and supplemental Social Security payments from the Obama administration's stimulus plan, are allowing consumers to spend even as they fret about jobs. 1. (Sydney Morning Herald -- Business)
Retail Sales in U.S. Probably Rose in June for Second Month on Discounts Jul 14, 2009
At the same time, government efforts to restore the flow of credit and prop up incomes, through tax cuts and Social Security payments from the Obama administrations stimulus plan, are allowing consumers to spend even as they fret about jobs. Todays Commerce report may show rose 0. (Bloomberg)
Government behind huge Ponzi scheme Jul 6, 2009
Medicare and Social Security payments are not placed in the mysterious "locked box," secure for generations to come. Current contributions fund current expenditures. (The Augusta Chronicle)
Employers in U.S. Probably Cut More Jobs as Stimulus Failed to Spur Hiring Jul 2, 2009
Tax cuts and Social Security payments under the stimulus plan propped up last quarter, supporting household purchases. Consumer spending rose in May as earnings climbed 1. (Bloomberg)
Madoff gets 150 years in prison Jul 1, 2009
She said she was able to get some money back from Social Security payments she d made over the years on phantom income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforts by the trustee in bankruptcy proceedings who has begun sending out letters demanding the return of profits derived from their investments. (South Florida Business Journal, FL)
Canada Stocks Rise, Post Fifth Weekly Gain in Six, as Bank Shares Advance Jun 27, 2009
A lot of support has come from fiscal stimulus measures, increases in social security payments and reductions in personal income taxes, said , a senior economist at BMO Capital Markets in Toronto. Its put a floor under consumer spending. (Bloomberg -- Canada)
Spending in U.S. Probably Rose as Consumers Gained Confidence Slump Eased Jun 26, 2009
The increase is likely to be much larger after accounting for one-time social security payments linked to the governments stimulus plan, said , an economist at JPMorgan Chase & Co. in New York, who forecast a 1. 5 percent jump in incomes for last month. (Bloomberg -- US)
Holder: "We Have To Face" Hate Crimes Jun 26, 2009
COI (ACORN) will be doing the 2010 census where they will easily find all those missing voters not only alive but needing their missing back social security payments and they have graciously given COI power of attorney to collect, etc. A COI subsiderary BWB (Break Whit*ies Back) will see to it that the money will go where it's needed most. (CBS News)
Buffet co-owner gets 21 months in prison Jun 21, 2009
According to the indictment, Jiang and Liu employed one or more illegal immigrants since Feb. 25 to "obtain commercial advantage and private financial gain ... by avoiding tax and Social Security payments, the cost of employee benefits, unemployment insurance, worker's compensation insurance and fair labor standards and wages.". Booth had said at least 10 illegal immigrants were employed at the restaurant. (The Augusta Chronicle)
Has the Current Global Recession Exposed Innate Flaws in Humans? Jun 21, 2009
New York: In what Brooklyn District Attorney Charles J. Hynes described as the mother of all crimes, in terms of creativity, Thomas Parkin, a 49-year-old local resident, was dressing up as his dead mother for 6 years before anyone knew why: Parkin had perfected the art of posing as his 77-year-old late mother in documents and in appearance and had claimed Social Security payments and received city rent subsidies for years, before authorities discovered his modus operandi. For example, in... (Ghana Web, Ghana)
Elderly impacted by changes to law Jun 19, 2009
Once it s intermingled they can go after it, he said of accounts receiving multiple sources of other regular revenue in addition to Social Security payments. But there is an out for seniors. (Lihue Garden Island, HA)
