November 15, 2013
TARA SIEGEL BERNARD
http://www.nytimes.com/2013/11/16/your-money/the-payoff-in-waiting-to-collect-social-security.html?ref=socialsecurityus
Opinion:
I think that it would be smart to wait to collect social security until a later age because the potential returns that you could get would be much higher. I also know that when people have the opportunity to get money, they usually won't pass up the chance, so a lot of them will collect as soon as possible. If you can hold off claiming benefits for a few years, your potential income could raise 6.7 percent. Its going to be better if you are able to hold off on getting your social security benefits and you most likely wont regret the decision.
Friday, December 13, 2013
Food Stamp Cut Wipes Out Some Americans' Social Security Increases - Huffingtonpost
11/11/2013
Arthur Delaney
http://www.huffingtonpost.com/2013/11/11/food-stamp-cut_n_4242565.html?utm_hp_ref=social-security
Opinion:
A food stamp cut that took effect in November and will negate the cost-of-living adjustments to Social Security benefits for some people who are retired and/or disabled. First off, I believe that the food stamp cuts in general had a strong negative impact on some families in America. Anyway, the Social Security Administration said that starting next year, all 57 million Social Security beneficiaries will get a 1.5 percent boost in their benefits to protect them from inflation. For some households that receive both Social Security and food stamp benefits, the Social Security boost will be smaller than a food stamp cut that took effect last week. Cheryl Kathman of Norwood, Ohio, for instance, gets almost $1,000 per month in Social Security benefits and had been receiving $228 in food stamps for herself and her son. The Social Security check will soon increase by about $15, but the food stamps have already gone down by $20. In this case, regardless of the fact she is getting more Social Security money, she is still losing out because she is losing more money to the food stamp cuts. And although it is only a monthly loss of 5 dollars, when that is the only money that they have to be spending on food, every dollar is needed.
Arthur Delaney
http://www.huffingtonpost.com/2013/11/11/food-stamp-cut_n_4242565.html?utm_hp_ref=social-security
Opinion:
A food stamp cut that took effect in November and will negate the cost-of-living adjustments to Social Security benefits for some people who are retired and/or disabled. First off, I believe that the food stamp cuts in general had a strong negative impact on some families in America. Anyway, the Social Security Administration said that starting next year, all 57 million Social Security beneficiaries will get a 1.5 percent boost in their benefits to protect them from inflation. For some households that receive both Social Security and food stamp benefits, the Social Security boost will be smaller than a food stamp cut that took effect last week. Cheryl Kathman of Norwood, Ohio, for instance, gets almost $1,000 per month in Social Security benefits and had been receiving $228 in food stamps for herself and her son. The Social Security check will soon increase by about $15, but the food stamps have already gone down by $20. In this case, regardless of the fact she is getting more Social Security money, she is still losing out because she is losing more money to the food stamp cuts. And although it is only a monthly loss of 5 dollars, when that is the only money that they have to be spending on food, every dollar is needed.
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