More than $10 million in foreign cash, from more than 20 countries—that’s what the House GOP says they’ve discovered so far about the extent of the Biden family’s business dealings. But is the president directly involved? Homeland Security is laying out a plan on how to deal with the expiration of Title 42. The agency…
Rep. Donalds Highlights Biden Family’s Conflict of Interest in Business Dealings With US Adversaries
Your Social Security Checks Could Be Impacted Soon: Here’s Why
May 10, 2023
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Treasury Secretary Janet Warned that if the United States defaults on its obligations amid a congressional impasse over raising the debt ceiling, Social Security payments could be interrupted. “Treasury finds itself in the position where we’re unable to pay all of the bills that come due that day. And this would be really the first…
Your Social Security Payments Outside the US
As I write this, my wife and I are about to leave on a one-month trip to England. This has been one of our “bucket list” plans for a long time now. We’ve been back and forth to Europe about a half dozen-times over the years. But most of those trips were of the “if…
Your Pension Could Become a Retirement Tax Bomb
May 9, 2023
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If you have a pension coming to you when you retire, it could affect your taxes in the future. The biggest problem would be that you put a lot of your retirement money into tax-deferred accounts. As a result, it means that you will have to pay taxes on that money when you withdraw it,…
Social Security Benefits Rounded Down
Q: I’ve heard that Social Security is cheating me and millions of other Americans out of Social Security benefits they are due because they round down to the nearest dollar when they are supposed to be rounding up. Is this true? A: Well, it’s true … and it’s false. It’s true when you say that…
Little Green Martians and Social Security
I was looking through some old columns of mine and I found one from about 15 years ago with an intriguing headline: “Little Green Martians and Social Security.” I wrote that column in reaction to a news story that was running in media outlets around the country based on a poll of young people that…
Retirement Plans Derailed: Quarter of Americans Slash Savings Due to Inflation, Study Shows
A quarter of American workers had to slash their retirement savings as inflation hit a 40-year high in 2022 and took its toll on their hard-earned dollars, according to new study findings published on April 20. The findings were reported in an annual study conducted jointly by the Global Financial Literacy Excellence Center (GFLEC) at…
The SSN: A History Lesson
Regular readers of my column know that I try to avoid the use of Social Security jargon, abbreviations and acronyms as much as possible. That even goes as far as the name of the agency that runs the Social Security program. Although I must frequently do it, I just don’t like referring to the SSA…
Retiring? If You Need a Home Loan, Get One First
Retired engineers Kelly and Derek Barkey assumed they would be approved when they applied for a $50,000 home equity line of credit two years ago to fix up their new house. The Barkeys, now 56 and 59, had just sold their longtime home in Southern California and paid cash for a house worth about $850,000…
Jim Jordan Says Alvin Bragg’s Case Against Trump Is 2024 Election ‘Interference’
Rep. Jim Jordan (R-Ohio) alleged that Manhattan District Attorney Alvin Bragg’s case against former President Donald Trump is tantamount to “election interference” in the 2024 race as polls show Trump is a leading candidate among Republicans. “We hear a lot from the left about election interference and protecting democracy. On some level, doesn’t this kind…
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