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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 17, 2013 |Column| Los Angeles Times
  1. 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: Credit and Debt, Retirement, Career and Workplace, Family, Disasters and Accidents

  2. May 6, 2013 |Story| Los Angeles Times
  3. 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: Justice System, Health Insurance Cost, Career and Workplace, Bankruptcy, Employment Opportunities

  4. May 3, 2013 |Story| Los Angeles Times
  5. 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: Mortgages, U.S. Department of Veterans Affairs, Federal Housing Administration, Roman Catholicism, Freddie Mac

  6. May 3, 2013 |Story| Los Angeles Times
  7. 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: Career and Workplace, Broken Bones, Employees, Labor Legislation, Henry T. Perea

  8. May 8, 2013 |Story| Los Angeles Times
  9. 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: Heritage Foundation, Immigration Reform Legislation (2013), Congressional Budget Office, Marco Rubio, Immigration

  10. May 10, 2013 |Story| Los Angeles Times
  11. 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: Financial and Business Services, Litigation and Regulation, Freddie Mac, U.S. Consumer Financial Protection Bureau, Sports

  12. May 10, 2013 |Column| Los Angeles Times
  13. 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

  14. Apr 23, 2013 |Column| Los Angeles Times
  15. 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: Public Finance, Consumer Confidence, Los Angeles Times Columnists, Steaks, Congressional Budget Office

  16. Apr 15, 2013 |Story| Los Angeles Times
  17. Retired athletes to protest workers' compensation bill

    SACRAMENTO &mdash; Let the political games begin.
    SACRAMENTO — Let the political games begin. A battle between professional athletes and owners of football, baseball, basketball, hockey and soccer teams starts Monday. Dozens of retired athletes plan a news conference on the steps of the state...

    Tags: New England Patriots, Birth Defects, Jacksonville Jaguars, Mike Gatto, Sports

  18. Apr 26, 2013 |Story| AP Member Choice Complete
  19. 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: U.S. Congress, Public Finance, Economic Indicator, Barack Obama, Labor Markets

  20. Apr 13, 2013 |Story| Los Angeles Times
  21. Pelosi says immigration reform will be finished by summer recess

    SACRAMENTO -- Pointing to an agreement reached between farmworker unions and growers on a migrant worker program, House Minority Leader Nancy Pelosi said Saturday that she expects immigration reform to be completed before Congress takes its summer recess....

    Tags: U.S. Congress, Barack Obama, Immigration, Nancy Pelosi, Elections

  22. Apr 13, 2013 |Story| Los Angeles Times
  23. Letters: Whose ox will Obama gore?

    Re "Obama's entitlement gambit," Opinion, April 10 The current calculation used to determine adjustments to Social Security benefits is based on the cost of living for an urban worker, not a senior. Therefore, it doesn't account for the greater...

    Tags: Health Insurance Cost, Barack Obama

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