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A collection of news and information related to Social Security published by this site and its partners.

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    May 24, 2013 |Column| Los Angeles Times

  1. Split accounts when you and spouse split up

    <strong>Dear Liz:</strong> I just finished paying off my last credit card and checked my credit report as I am now separated from my wife. I found we had one joint account that she had not been paying. There are two stretches of five months each of no payment.
    Dear Liz: I just finished paying off my last credit card and checked my credit report as I am now separated from my wife. I found we had one joint account that she had not been paying. There are two stretches of five months each of no payment. I...

    Tags: Personal Data Collection, Politics, Credit and Debt, Retirement Planning Services, Interior Policy

    2. May 24, 2013 |Story| Los Angeles Times

  2. Mortgage underwriting rules eased for seniors with assets

    WASHINGTON &mdash; Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you want.
    WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...

    Tags: Politics, 401K, Mortgages, Career and Workplace, Freddie Mac

    3. May 17, 2013 |Column| Los Angeles Times

  3. How much cash should you keep on hand for emergencies?

    <strong>Dear Liz:</strong> A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an emergency that may require me to pay in cash (such as a major power outage that disables debit or credit card systems, or the more likely event that I forget the ATM or credit card at home). How much cash should a person have on hand? Is there a magic number?
    Dear Liz: A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an...

    Tags: Family, Credit and Debt, Retirement, Career and Workplace, Disasters and Accidents

    4. May 6, 2013 |Story| Los Angeles Times

  4. Pro athletes who shop for workers' comp

    In recent years, California has become a favorite venue for workers' compensation claims by athletes with only tenuous ties to the Golden State. Many former pros have won six-figure awards for injuries built up over time even though they've never lived or worked in the state, except to train or play the occasional game here. In some cases, judges have even granted them awards over and above the ones they've <a href="http://lat.ms/18irPaT">already obtained</a> in their home states.
    In recent years, California has become a favorite venue for workers' compensation claims by athletes with only tenuous ties to the Golden State. Many former pros have won six-figure awards for injuries built up over time even though they've never lived or...

    Tags: Insurance, Employees, Employment Opportunities, Employment, Justice System

    5. May 10, 2013 |Story| Los Angeles Times

  5. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON &mdash; Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: Bob Corker, Parties and Movements, Ben Bernanke, Hillary Clinton, Litigation and Regulation

    6. May 10, 2013 |Column| Los Angeles Times

  6. Waiting to take Social Security is usually the best bet

    <strong>Dear Liz:</strong> When I was 62, I started Social Security and I'm currently saving half of my monthly benefit after taxes (about $750). My decision to take my benefits early was influenced by a financial columnist who suggested that if I started at 62 and invested half or more of it until I reached full retirement age, the lower early benefits would be matched by the investment returns by the time I'm 85. Is this advice still reasonable?
    Dear Liz: When I was 62, I started Social Security and I'm currently saving half of my monthly benefit after taxes (about $750). My decision to take my benefits early was influenced by a financial columnist who suggested that if I started at 62 and...

    Tags: Retirement, Career and Workplace, Internal Revenue Service, Economy, Business and Finance, Finance

    7. May 8, 2013 |Story| Los Angeles Times

  7. Social Security boosted by immigration bill, chief actuary says

    WASHINGTON -- The bipartisan Senate immigration proposal would provide a boost to the Social Security fund, its chief actuary said Wednesday, as more immigrants come out of the underground economy and begin paying taxes. The assessment of the bill’...

    Tags: Migration, Immigration, Politics, Marco Rubio, Immigration Reform Legislation (2013)

    8. Apr 10, 2013 |Story| Los Angeles Times

  8. Obama budget impact on California: Win some, lose some

    WASHINGTON---President Obama&rsquo;s budget offers a mixed bag to California: money eagerly sought by Los Angeles to expand its transit system, but no federal funds to help the state pay its nearly billion-dollar bill for jailing illegal immigrants.
    WASHINGTON---President Obama’s budget offers a mixed bag to California: money eagerly sought by Los Angeles to expand its transit system, but no federal funds to help the state pay its nearly billion-dollar bill for jailing illegal immigrants. The...

    Tags: Immigration, Barack Obama, Politics, Parties and Movements, U.S. Congress

    9. May 3, 2013 |Story| Los Angeles Times

  9. Loan underwriters make 'absurd' demands in effort to verify data

    Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who listed her occupation as "homemaker"?
    Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who...

    Tags: U.S. Postal Service, Roman Catholicism, Federal Housing Administration, U.S. Department of Veterans Affairs, Mortgages

    10. May 3, 2013 |Story| Los Angeles Times

  10. Assembly OKs workers' comp bill to ban out-of-state athletes

    SACRAMENTO — Controversial legislation that would restrict most professional athletes from out-of-state teams from filing claims in California workers' compensation courts won overwhelming approval Thursday in the state Assembly. Despite...

    Tags: Employees, Henry T. Perea, Career and Workplace, Labor Legislation, Broken Bones

    11. Apr 23, 2013 |Column| Los Angeles Times

  11. Chained thinking on the federal deficit

    Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month.
    Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...

    Tags: Customs and Tradition, Arts and Culture, Barack Obama, Steaks, Los Angeles Times Columnists

    12. Apr 26, 2013 |Story| AP Member Choice Complete

  12. U.S. economy grows at 2.5% rate in 1st quarter

    From the Associated Press
    WASHINGTON -- U.S. economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset further declines in government spending that are expected to drag on growth throughout the...

    Tags: Business, Barack Obama, Politics, U.S. Congress, Labor Markets

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