Month: April 2021

Claiming An Ex’s Social Security: Be Aware Of Misconceptions | Part 1

There are a lot of misconceptions about Social Security and divorce. Here are seven myths that are just plain wrong. Reduction Of Checks Is False A December 2020 Fidelity survey found that 52% of adults believed that someone’s ex-spouse could

By Posted in Social Security Facts

Biden’s Plan for Social Security and Medicare | Part 4

Medicare Expansion It is important to stress that many social security disability claims are denied because of inadequate medical records and other information related to medical records such as Medicare enrollment. How will the new president effect Medicare and how

By Posted in Social Security Changes In 2019

Biden’s Plan for Social Security and Medicare | Part 3

Medicare Solvency and Unsustainability of Medicare The relationship between Medicare and social security is a strong one. Medicare is not all financed in the same way thoughout as Medicare has multiple parts to it. The solvency issue comes from how

By Posted in Social Security Changes in 2021

Biden’s Plan for Social Security and Medicare | Part 2

Biden also proposes several changes that I’d group together under the category of longevity insurance, with a goal of boosting benefits for older beneficiaries. This can be significant for clients who run the risk of running out of savings if

By Posted in Social Security Changes In 2019

Biden’s Plan for Social Security and Medicare | Part 1

Under the new Biden administration the future of Social Security and Medicare President Joe Biden has proposed reform and expansion of both that go well beyond addressing solvency. The Social Security Problem A solvency problem that may be years out

By Posted in Social Security Changes in 2021