• Retirement Advice for your Life Insurance Policy

    Updated: 2012-05-20 20:46:23
    When entering retirement, re-evaluate your life insurance. Perhaps you're still paying premiums on a whole life policy. Without dependents relying on your financial support, you can use it for various estate-planning needs or for leaving a legacy to charity or your children. But what options might you take with your policy while you're still living? The general retirement advice for [...]

  • Five Years to Implement your Plan for Retirement

    Updated: 2012-05-19 22:50:55
    Coming to terms with what your retirement income and expense is essential to plan your retirement life. For a quick approach, you can estimate your income and expenses under your present circumstance. If you are not happy with the results, see what steps you can take to fashion a better retirement. Here is the process: Retirement Plan Income determination: Your [...]

  • Retirement Planning Considerations When Taking That Lump Sum

    Updated: 2012-05-19 06:02:41
    You're at the end of the retirement planning road. You know how much you're due from social security and any pension plan too. Then there's the lump sum from your defined contribution plan at work (and possibly a pension plan lump sum option also). What choices should you make? Do a direct rollover of the lump sum from your defined [...]

  • Beware of Offsets to Social Security Income in Pension Plans

    Updated: 2012-05-17 21:33:57
    If you're like most people, you've worked hard all your life and want a comfortable retirement income. You may be counting on Social Security benefits to supplement other retirement income. But beware of two provisions of Title II of the Social Security Act entitled The Windfall Elimination Provision and the Government Pension Plans Offset. They can significantly reduce Social Security [...]

  • Employer Cutbacks diminish retiree health benefits

    Updated: 2012-05-16 21:54:18
    Planning on retiring in the next few years? You better check out your company's policy on maintaining retiree health benefits for you during your retirement years. Just as companies cut back on defined benefit pensions, they are leery of guaranteeing the future health care liabilities of retirees. Cutting health care benefits for future retirees can protect companies from crippling future [...]

  • Dropping Your Long-Term Care Policy Could be a Mistake

    Updated: 2012-05-15 21:37:03
    As you make your way through retirement in fairly good health, you may consider the wisdom of maintaining your long-term care policy, especially if your savings are running low. Will you really need the policy? It's understandable why you'd want to drop a long-term care policy you don't think you'll use, but before doing so, there are a few things [...]

  • Don’t Wait for the Estate Tax Laws to Change… Plan Today To Help Preserve Your Legacy for Tomorrow

    Updated: 2012-05-14 20:10:01
    Estate tax laws are once again up for debate in Washington D.C. But no matter what the outcome of the negotiations will be - whether estate taxes will be repealed or reinstated after the year 2012 -estate planning should not be placed on hold. Your benefits will likely never be better than they are now. Currently, federal estate taxes are [...]

  • Don't Let Poor Health Keep You From Protecting Your Assets

    Updated: 2012-05-12 22:03:53
    It's rare, but occasionally one spouse cannot qualify for long term care insurance because of poor health, such as hypertension, Alzheimer's, arthritis, diabetes, or frailty. Does this mean that the healthy spouse should forgo the coverage as well? As you get older, the chances of needing long term care increases. Forty-three percent of individual's age 65 and older will spend [...]

  • Social Security Disability Claims for People Who Suffer from a Combination of Impairments - Henderson v. Commissioner of Social Security Administration

    Updated: 2012-05-10 15:20:10
    . New York Social Security Disability Lawyer Blog Published by New York Social Security Disability and Long Term Disability Attorney Insler Hermann , LLP Home Firm Website About Us Practice Areas Contact Us Previous Home Social Security Disability Claims for People Who Suffer from a Combination of Impairments Henderson v . Commissioner of Social Security Administration May 10, 2012 In order to be eligible for Social Security disability benefits a claimant must generally prove that he or she either hasn't worked or it is foreseeable that he or she will be unable to work of one year or more due to physical or mental impairment . The claimant's disability need not be based on one single impairment , however . Often , a claimant is rendered disabled by a combination of impairments which

  • New York Court Rejects Social Security Judge's Decision in Disability Case, Citing Treating Physician Rule - Olenick v. Astrue

    Updated: 2012-05-09 20:13:59
    , . New York Social Security Disability Lawyer Blog Published by New York Social Security Disability and Long Term Disability Attorney Insler Hermann , LLP Home Firm Website About Us Practice Areas Contact Us Previous Home Next New York Court Rejects Social Security Judge's Decision in Disability Case , Citing Treating Physician Rule Olenick v . Astrue May 9, 2012 If the Social Security Administration SSA were to compile a list of the most important rules for its Administrative Law Judges ALJs to follow in considering a disability claim somewhere near the top would be the treating physician rule , which provides that an opinion by a claimant's treating physician is given controlling weight if it is well-supported by medically acceptable clinical and laboratory diagnostic techniques and is

  • Vocational Experts and Hypothetical Questioning in Social Security Disability Cases - Sherwood v. Astrue

    Updated: 2012-05-08 20:30:04
    . New York Social Security Disability Lawyer Blog Published by New York Social Security Disability and Long Term Disability Attorney Insler Hermann , LLP Home Firm Website About Us Practice Areas Contact Us Previous Home Next Vocational Experts and Hypothetical Questioning in Social Security Disability Cases Sherwood v . Astrue May 8, 2012 A Social Security Administration SSA Administrative Law Judge ALJ reviewing a disability benefits claim will often call on a Vocational Expert VE a vocation rehabilitation professional who provides advice to an ALJ regarding a claimant's ability to perform any type of work activity , to testify as to the kind of work if any that a hypothetical person with the same limitations as the claimant can do . In Sherwood v . Astrue the District Court for the

  • Social Security and Department of Defense Implement New Process to Improve Efficiency for Wounded Warriors Applying for Disability Benefits

    Updated: 2012-05-07 03:14:13
    Electronic Medical Records Will Reduce Time for a Decision The Social Security Administration and the Department of Defense (DoD) are working together to improve access to disability benefits for the nation’s Wounded Warriors, service members, veterans, and their dependents. A new nationwide project enables Social Security disability case processing sites to receive military medical records [...]

  • New Jersey Court on "Objective Medical Evidence" in Social Security Disability Cases - Bokor v. Commissioner of Social Security

    Updated: 2012-05-06 23:21:41
    . New York Social Security Disability Lawyer Blog Published by New York Social Security Disability and Long Term Disability Attorney Insler Hermann , LLP Home Firm Website About Us Practice Areas Contact Us Previous Home Next New Jersey Court on Objective Medical Evidence in Social Security Disability Cases Bokor v . Commissioner of Social Security May 6, 2012 In discussing the law associated with Social Security disability benefits on this blog , we often refer to evidence : medical records , court documents , witness testimony and all of the other things that a disability claimant can present to the Social Security Administration SSA in attempting to prove his or her claim . In Bokor v . Commissioner of Social Security the U.S . District Court for the District of New Jersey explains that

  • Early Retirement and Social Security

    Updated: 2012-05-04 23:19:11
    I probably don’t have to worry about early retirement since I am way behind on my retirement savings but for those of you who are considering early retirement and planning on collecting Social Security there are several things to consider. Millions of Americans are coming up on their long-awaited break from the workforce. With the [...]

  • Facebook Privacy and Security Article on ConsumerReports

    Updated: 2012-05-04 03:23:31
    I wanted to pass along a really good article on Facebook Privacy that was released on ConsumerReports.org.  There are some good quotes from others in the security and privacy community including Kevin Johnson and Ed Skoudis.  Check out the article here: http://www.consumerreports.org/cro/magazine/2012/06/facebook-your-privacy/index.htm  

  • The Duration Requirement for Mental Impairments in a Social Security Disability Case - Peterson v. Commissioner of Social Security

    Updated: 2012-05-03 23:21:25
    . New York Social Security Disability Lawyer Blog Published by New York Social Security Disability and Long Term Disability Attorney Insler Hermann , LLP Home Firm Website About Us Practice Areas Contact Us Previous Home Next The Duration Requirement for Mental Impairments in a Social Security Disability Case Peterson v . Commissioner of Social Security May 3, 2012 In Peterson v . Commissioner of Social Security a federal magistrate judge explains that a person suffering from one or more severe mental impairments may be eligible for Social Security disability benefits not only if a single impairment has lasted for at least one year , but also if in combination , his limitations can be expected to last that long at a level that makes him unable to . work In March 2008, Plaintiff Bennie

  • My Retirement Blog $5 Amazon Gift Card Giveaway

    Updated: 2012-05-03 22:54:56
    To thank those of you who are reading and commenting on this blog I am giving away a $5 Amazon e-gift card. All you have to do to enter is leave a comment below. One entry per person please. I will draw the winner at random on Thursday May 10. My Retirement Blog was included [...]

  • Social Security Statement Now Available Online at www.socialsecurity.gov

    Updated: 2012-05-03 03:34:34
    Michael J. Astrue, Commissioner of Social Security, has just announced an online version of the Social Security Statement is now available at www.socialsecurity.gov. The new online Statement provides eligible workers with secure and convenient access to their Social Security earnings and benefit information. “Our new online Social Security Statement is simple, easy-to-use and provides people [...]

  • Court Explains How A Person's Age and Previous Claims May Effect His or Her Social Security Disability Claim - Oberg v. Astrue

    Updated: 2012-04-30 14:57:06
    . New York Social Security Disability Lawyer Blog Published by New York Social Security Disability and Long Term Disability Attorney Insler Hermann , LLP Home Firm Website About Us Practice Areas Contact Us Previous Home Next Court Explains How A Person's Age and Previous Claims May Effect His or Her Social Security Disability Claim Oberg v . Astrue April 30, 2012 In Social Security claims , age most often comes into play in determining a person's eligibility for retirement benefits . But age can also be an important factor in determining whether a person is eligible for Social Security disability benefits In Oberg v . Astrue the Ninth Circuit Court of Appeals explains how those who review disability claims should account for both a claimant's age and any previous disability benefits .

  • Social Security Board of Trustees: Projected Trust Fund Exhaustion Three Years Sooner Than Last Year

    Updated: 2012-04-24 20:42:19
    The Social Security Board of Trustees released its annual report on the financial health of the Social Security Trust Funds. In its report the Trustees reported that he combined assets of the Old-Age and Survivors Insurance, and Disability Insurance (OASDI) Trust Funds will be exhausted in 2033, three years sooner than projected last year. At [...]

  • Average Retirement Savings by Age 2012

    Updated: 2012-04-24 01:15:40
    Average retirement savings by age is a popular topic. Everyone knows they need to save money for retirement but a lot of people are not saving any money for retirement and many more are not saving enough money for retirement.  If you would like to know how your retirement savings compare to those of others [...]

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