Social Security

1:35pm

Thu April 11, 2013
It's All Politics

On Message: Who Wants To Cut Social Security?

Originally published on Thu April 11, 2013 2:09 pm

A sign outside the White House on Tuesday protests part of President Obama's proposed federal budget.
Kevin G. Hall MCT/Landov

The president's $3.77 trillion fiscal 2014 budget plan is expansive. But the part getting the most attention is his proposal to change the way the government calculates inflation using a measure known in economics-speak as chained CPI.

Read more

3:36pm

Fri April 5, 2013
It's All Politics

Obama Riles His Own Party With Social Security Offer

Originally published on Fri April 5, 2013 4:11 pm

President Obama prepares to depart San Francisco on Thursday.
Jewel Samad AFP/Getty Images

5:16am

Fri April 5, 2013
The Two-Way

Reports: Obama To Propose Cuts In Social Programs

Originally published on Fri April 5, 2013 6:58 am

President Obama in Denver on Wednesday.
Jewel Samad AFP/Getty Images

There's breaking budget news from several places this morning:

-- "President Obama next week will take the political risk of formally proposing cuts to Social Security and Medicare in his annual budget in an effort to demonstrate his willingness to compromise with Republicans and revive prospects for a long-term deficit-reduction deal, administration officials say." (The New York Times)

Read more

6:45am

Tue April 2, 2013
Financial Basics For Baby Boomers

Deciding The Right Time To Claim Social Security

The importance of making a smart decision on how and when benefits are claimed can't be underestimated, says Mary Beth Franklin of Investment News.
iStockphoto.com

When it comes to claiming Social Security benefits, there is no magic age. Today's boomers can begin collecting full benefits at 66, tap in early for a modified benefit at 62 or delay receiving benefits until 70.

But the importance of making a smart decision on how and when benefits are claimed can't be underestimated, says Mary Beth Franklin of Investment News.

Read more

4:49am

Tue February 19, 2013
Politics

Get A Social Security Check? Treasury Says It's Time To Go Electronic

Originally published on Tue February 19, 2013 10:33 am

U.S. Treasury checks are run through a printer.
William Thomas Cain Getty Images

Every month, the government sends out about 5 million checks to Americans who receive federal benefits. On March 1, the Treasury Department is making those paper checks a thing of the past.

Since May 2011, all new Social Security recipients are required to get direct deposit of their benefits. Some 93 percent of all recipients now do.

But there are still holdouts, so the Treasury Department started a campaign and a website, Go Direct, in an effort to convince the remaining 7 percent.

Read more

Pages