Social Security Announces 1.6 Percent Benefit Increase for 2020

News Release SOCIAL SECURITY Written By Mark Hinkle, Acting Press Officer, SSA Social Security and Supplemental Security Income (SSI) benefits for nearly 69 million Americans will increase 1.6 percent in 2020, the Social Security Administration announced today. The 1.6 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 63 million Social Security…

Five Ways to Keep Busy After Retirement

By Paige A. Mitchell, Freelance Writer Our adult lives are consumed with obligations and responsibilities. The checklist can seem never-ending and exhausting. One would think that the prospect of retiring would seem fantastic to everyone. However, many adults are not prepared for the amount of time that opens up to them upon retiring. The freedom…

Medicare

Don’t be Misled by False Medicare or Social Security Ads

With millions of people relying on Social Security or Medicare, scammers target audiences who are looking for program and benefit information. Online and otherwise, there’s a lot of information out there, and sometimes it’s difficult to tell what sources are credible.   The law that addresses misleading Social Security and Medicare advertising prohibits people or…

Medicare Plan Finder Confusion

Medicare Advantage Changes

Changes are On the Way for Medicare Advantage – but Don’t Celebrate Too Soon, Says New York Times   The announcement came a few months ago (and we wrote about it on the Aging Options blog back in April): Medicare Advantage plans were about to change, expanding to offer a whole host of new services…