A Federal Reserve study found that 44% of Americans either couldn’t cover a $400 financial emergency or, to do so, would need to borrow or sell something. Among households headed by someone age […]
Social Security Myths You Shouldn’t Believe | The federal budget deficit and Social Security
According politicians, Social Security affects the federal budget or has nothing to do with the budget and deficit. They are wrong. They are right. Social security as a separate plan should run […]
Slash Social Security and Medicare
During this election season you have heard all the rhetoric about cutting these vital programs. Many people, especially seniors believe they are going to lose their benefits or have them trimmed. It’s […]
401k success or failure?
As you can see from the views expressed below, depending on your perspective, the 401k is a success or not a success. Part of the perspective is politics as you can see […]
Federal deficits and you. What will you give up or how much more will you pay in taxes?
The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget: Deficits are rising – and fast. In as soon as a year, they will top […]
