retirement age

Waiting to get Social Security benefits may not be ideal

by Staff | April 20th, 2011

April 20, 2011

An opinion article on boston.com says people should wait as long as they can before claiming Social Security benefits.

A person’s Social Security benefit increases by about 8 percent every year that person delays taking benefits.

Some people may not have an option to wait before they collect Social Security benefits. Whether it’s a physical illness or a weak economy, many can’t afford to wait until they’re 70 to collect Social Security benefits.

Read more.

Do you think most baby boomers can wait until they’re 70 to collect Social Security benefits? Do you think some people feel like they’ll have to work the rest of their lives?

If you need help getting the Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Republicans introduce new idea for saving Social Security benefits

by Staff | April 18th, 2011

April 18, 2011

Three Republican senators have released a plan to save Social Security benefits without raising taxes.

They said it would be beneficial to raise the retirement age from 67 to 70 by 2031 and slowly reduce Social Security benefits for workers whose average lifetime income is $43,000 or higher, according to theweek.com.

They say it would keep the program solvent and cut public debt by $6.2 trillion by 2085.

Read more.

Do you think this is an effective plan to save Social Security benefits? What changes do you think need to be made?

If you need help getting the Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Raising retirement age may deny Social Security benefits to blue collar workers

by Staff | April 15th, 2011

April 15, 2011

Collecting Social Security benefits is not a guarantee.

Those who work in blue collar jobs, where work is often physical, may not be able to work to retirement age if Congress plans on raising the age to 70.

According to chron.com, workers who perform physical labor are more likely to have higher rates of disease. Sine poor health is often a big factor in one’s decision to retire and collect Social Security benefits, many believe that raising the retirement age to 70 is punishing the people who need help the most.

Read more.

Do you think the retirement age should be raised? What solutions should Congress look at to solve the Social Security crisis?

If you need help getting the Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Senators see various sides to Social Security

by Staff | April 13th, 2011

April 13, 2011

California senators see different sides to making changes to Social Security benefits.

U.S. Senator Dianne Feinstein says everything should be on the table before changes are made to Social Security benefits; however, U.S. Senator Barbara Boxer thinks only a two-thirds majority vote is needed to proceed with any legislation to reduce benefits and increase retirement age.

Among some of the changes to Social Security benefits, an article on businessweek.com says the following are being considered:

• A new benefit formula to slow the growth in future Social Security benefits, particularly for upper-income workers. A new minimum benefit would be created for low-wage workers designed to ensure that benefits are at least 125 percent of the federal poverty level.

• Higher payroll taxes for upper-income workers. Under current law, workers in 2020 will pay payroll taxes on earnings up to $168,000.

• A higher retirement age. Under current law, the age for full retirement is gradually increasing to 67 for people born in 1960 or later. The commission recommended increasing that age to 68 and then to 69 by about 2075. The age for early retirement also would rise from 62 to 64 during the same period.

Read more.

What is your opinion about the solutions being presented in regards to Social Security benefits? Do you think changes are needed?

If you need help getting Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Politicians should look at all angles before changing Social Security benefits

by Staff | April 12th, 2011

April 12, 2011

Some believe the approach to solving issues around Social Security benefits is misguided.

Political parties differ in their opinions as to what needs to be done to solve the Social Security crisis. President Barack Obama wants to reduce benefits and raise payroll taxes while Republicans want to lower benefits and raise the age at which Social Security benefits are paid.

Some argue that Social Security benefits have improved the lives of Americans who depend on it, keeping many out of poverty, benefits that are not always seen by those who don’t rely on it.

Read more.

Do you think Social Security benefits should be reduced, or should the age of retirement be increased? What do you think would be effective in helping the Social Security crisis?

If you need help getting Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Parties try to find compromise for Social Security benefits

by Staff | March 25th, 2011

March 25, 2011

According to washingtonpost.com, Democrats are split on whether to take on safety net programs, such as social security benefits.

Some Democratic lawmakers say they are willing to consider controversial measures such as raising the retirement age and reducing Social Security benefits for wealthier seniors as part of a compromise with Republicans.

Republicans are looking to cut spending on programs, such as Social Security, and stabilize them for future generations.

Read more.

What do you think is the best solution for Social Security benefits?  How do you think political parties should compromise?

If you need help getting Social Security benefits you deserve to get your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

You can work and receive Social Security benefits

by Staff | January 24th, 2011

January 24, 2011

Those who work full time and qualify to receive Social Security benefits may receive a paycheck and benefits, according to detnews.com.

You are not disqualified from receiving Social Security benefits, no matter now much you earn.

For those born 1942 or earlier, the retirement age is 65, which is when you can receive Social Security benefits. If you choose to receive Social Security benefits before then, there is a reduction in your monthly benefit for the rest of your life.

Read more.

Do you think it’s fair for people who work full time to still receive Social Security benefits?

If you need help getting Social Security benefits you deserve to get your put your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Social Security benefits can be received as early as 62

by Staff | December 13th, 2010

December 13, 2010

A reader posed a question to mysanantonio.com asking what the options are for receiving Social Security benefits.

In the reply, it explains that Social Security benefits can be received as early as 62 and as late as 70. Your Social Security benefit amount will depend on the age you retire.

There are many stipulations to receiving Social Security benefits. You can check them out by clicking here.

If you need help getting Social Security benefits you deserve to get your put your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Retirement age determines Social Security benefit amount

by Staff | December 6th, 2010

December 6, 2010

According to CourierPress.com, when you decide when you want to retire, the amount of your Social Security benefits will be determined.

Most people who are thinking about retiring now can claim full Social Security benefits at age 66. Claiming benefits before then can result in your Social Security benefits being less.

Read more.

At what age do you plan on retiring? Do you think the age at which you retire should determine your Social Security benefit amount?

If you need help getting Social Security benefits you deserve to put your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.

Proposals to cut federal spending still include reducing Social Security benefits

by Staff | December 1st, 2010

December 1, 2010

A plan to balance the budget and reduce the national deficit still includes making cuts to Social Security benefits.

According to The Associated Press, proposals still stand to raise the Social Security retirement age and curb benefit increases.

The plan also presents ideas to increase the federal tax on gas, as well as eliminate congressional spending projects.

Read more.

What do you think should be done to help save Social Security? Do you think today’s ideas for saving Social Security are realistic?

If you need help getting Social Security benefits you deserve to get your put your life back on track, the Social Security lawyers at Fleschner, Stark, Tanoos & Newlin can help.