Social Security

Elizabeth Warren Introduced Bill Providing Special Bonus to Social Security Recipients

Sen. Elizabeth Warren, D-Mass.presented a bill that would pay social security beneficiaries a one-time stipend intended to balance the absence of a cost living adjustment in 2016. Investment News reported that Warren's arrangement calls for the elimination of a tax reduction that allows companies to discount CEO rewards, authorizing the cash to pay those on Social Security.

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The Obamacare Website Healthcare.gov is Getting Important Updates

Healthcare.gov opens for windows shopping starting on Sunday. The updates allow the health care consumers to see the cost and benefits of insurance plans for 2016.

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Zero COLA means no increase for your Medicare Premium

Under Social Security rules, some 70 percent of Medicare beneficiaries will not get increases when the cost of living adjustment in Social Security is zero.

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Social security strategies for singles - these are friends with real benefits

Single people who were never married have lesser Social Security filing option. But still, you have to understand what they are and which one fits your needs best, according to Forbes.

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Ex-Sony Pictures employees filed a class action lawsuit settlement over "The Interview" hacking

Ex-Sony Pictures Entertainment employees filed a proposed class action lawsuit on Wednesday regarding the breach of records with the entertainment company in U.S. District Court in Los Angeles.

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Congress considers CRS proposal to increase social security benefits, retirement security

Congressman Alan Grayson requested a memo that would lead to higher Social Security benefit increases and improve the retirement security of the elderly. The Congressman came up with a proposed legislation called "Seniors Deserve a Raise Act." It would give recipients of Social Security an increase that offsets the 40-year shortfall and make the CPI-E permanent. It will be filed when the Congress reconvenes.

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Social Security: What and When to Collect; What's the Max Strategy if Single, Never Married with No Kids

Most consider their Social Security as their biggest asset. But to get the best from your lifetime benefits, you must know what and when to collect.

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US allows social security benefits for same-sex spouses

Gay couples can now collect their Social Security benefits, the government announced Thursday. According to the advisory, same-sex married couples who resides in states that haven't yet legalized their unions and who have filed claims for their Social Security benefits can now get those payments.

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Student Loan Hero CEO recounts struggle after defaulting on student loan

Education promises a brighter future. But for most of the students in the country, it means a $35,051-worth of student loans after graduation. In America, there are 40 million borrowers that collectively own more than $1.2 trillion. Out of all the borrowers in the country, some 8 million default on their debt.

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Hackers steal tens of millions of records from health insurer Anthem -WSJ

Health insurer Anthem Inc said hackers broke into a database containing personal information on about 80 million of its customers and employees, the Wall Street Journal reported.

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Morgan Stanley says wealth management employee stole client data

Morgan Stanley (MS.N) said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online.

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U.S. Postal Service data breach may compromise staff, customer details

The U.S. Postal Service was the victim of a cyber attack that may have compromised the personal information of more than 800,000 employees, as well as data on customers who contacted its call center during the first eight months of this year.

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Social Security recipients wait for 2014 benefit increase announcement

Social Security continued to wait for their benefit increase announcement for their cost-of-living adjustment.

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Social Security overpays USD 1.3 billion in disability aid- GAO

A report from the Government Accountability Office showed improper disability payments were made to Social Security beneficiaries amounting to USD 1.3 billion.

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