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Retirement Planning

Strategies of saving money in order to meet one's financial goals upon retiring. This can be through the use of 401(k), IRA and/or pension plans to name a few.

4,043 Questions

What is joe calzaghe doing in retirement?

Since retiring from boxing in 2008, Joe Calzaghe has focused on various ventures, including business and public speaking. He has also remained involved in the sport as a commentator and has participated in charity work. Additionally, Calzaghe has taken time to enjoy life with his family, exploring personal interests outside of boxing.

How safe is midland life equity indexed annuities?

Midland Life's equity indexed annuities are generally considered to be safe investment options due to their insurance backing and the guarantees they offer, such as a minimum return or interest rate. However, as with any financial product, the safety can depend on the financial strength and stability of the issuing company, as well as market conditions. It's important for investors to review the specific terms, fees, and guarantees associated with the annuity, as well as the company's ratings from independent agencies. Consulting a financial advisor can also provide personalized insights regarding safety and suitability.

Social security disability hearing?

A Social Security disability hearing is a critical step in the process of obtaining disability benefits after an initial application has been denied. This hearing is held before an Administrative Law Judge (ALJ) and provides the claimant an opportunity to present evidence, clarify information, and explain how their medical condition prevents them from working. Unlike the earlier stages, this is a more personalized setting where the judge can directly hear from the claimant and their representatives.

At the hearing, the judge may ask questions about your medical history, daily activities, work background, and how your condition affects your ability to function. You may also bring witnesses, such as doctors or vocational experts, to support your case. It is strongly recommended to have a disability attorney (954-618-1776)or representative present, as they can help you prepare thoroughly and present your case in the most favorable light.

This hearing is your best opportunity to explain your situation in detail and provide any additional medical documentation or testimony that was not previously considered. After the hearing, the judge will review all the evidence and issue a decision. While the process can be intimidating, proper preparation can significantly increase your chances of receiving a favorable outcome.

Can you get medicaid when pregnant if you have health insurance with no maternity benefits?

Yes, you can qualify for Medicaid during pregnancy even if you have health insurance that does not cover maternity benefits. Many states offer Medicaid programs specifically for pregnant women, which provide coverage for prenatal care, labor, delivery, and postpartum care. Eligibility typically depends on your income and household size. It's important to check your state's Medicaid guidelines to understand the application process and benefits available.

Requesting contact info for Inland Steel East Chicago pension benefits for a former employee about to retire?

For information regarding Inland Steel's East Chicago pension benefits, it's best to contact the Human Resources or Benefits department directly. You can typically find their contact information on the company's official website or through employee resources. If you're unable to locate it online, consider reaching out to a current employee or checking with the pension plan administrator for assistance.

How are Social Security number combinations assigned to people?

Visit Social Security Online for an explanation of how numbers are assigned and other SS regulations and methods of operation. Social Security Online, http://www.ssa.gov

How do I adjust my social security withholding amount?

To adjust your Social Security withholding amount, you'll need to complete and submit a new Form W-4 to your employer. This form allows you to specify your withholding preferences, including any adjustments to your federal income tax withholding. It's important to review your financial situation and consult with a tax professional if necessary to ensure you're making the right adjustments. Once submitted, your employer will update your withholding based on the new information provided.

How can you apply for retirement from American Cyanamid?

To apply for retirement from American Cyanamid, you typically need to contact the company's human resources department or retirement services team. They will provide you with the necessary forms and information to initiate the retirement process. You may need to submit documentation such as proof of age, years of service, and any other relevant details to support your retirement application. It's important to follow the specific guidelines and procedures outlined by American Cyanamid to ensure a smooth transition into retirement.

Does Medicare pay for skin tag removal?

Well, honey, Medicare will cover skin tag removal if it's deemed medically necessary by a doctor. So, if those pesky skin tags are causing you some real trouble, Medicare might just have your back. But if you're just looking to get rid of them for cosmetic reasons, you might have to whip out your wallet and pay for it yourself.

What is the best Medicare part B supplement policy?

The "best" supplement is the one that you can afford. Here's how the supplements work: Medigap, also called a Medicare Supplement, basically pays the portion of medical expenses that Medicare expects you to pay. Medicare is an "80/20" plan, meaning Medicare pays 80% of the bill and you pay 20% of the bill. Medigap can pay the 20% for you. Depending on which Medigap plan you choose, the plan can also pay the (2009) $1068.00 hositalization (Part A) deductible for you and the $135.00 doctor's office (Part B) deductible for you.
Now, generally plans A-F are offered by insurance companies. The cost of the plans will vary from company to company BUT the overall coverage of the plan is the same as regulated by Medicare.

What year was Social Security moved from the trust fund to the General fund?

Social Security was moved from the trust fund to the General fund in 1969. This change was made to make it easier for the government to use the Social Security surplus to cover other expenses. However, the move raised concerns about the long-term sustainability of the program.

What does ins mean on a social security check?

INS on a social security check stands for "Insurance." It indicates that a portion of the benefits being received is for Medicare health insurance coverage. This deduction helps cover the cost of Medicare Part B premiums, which are automatically deducted from Social Security benefits for individuals enrolled in both programs.

What is the age of retirement for zookeepers?

Oh, what a lovely question! Retirement age for zookeepers can vary depending on the individual and their circumstances. Some may choose to retire in their 60s or 70s, while others may continue working well into their golden years if they're still enjoying their work and feeling healthy. It's all about finding the right balance between taking care of the animals, themselves, and knowing when it's time to step back and enjoy some well-deserved rest.

Where is the former Borden Inc pension plan administered?

Well honey, the former Borden Inc pension plan is administered by the Pension Benefit Guaranty Corporation (PBGC) now. They swooped in like a hero to save the day when Borden went belly up. So if you're looking to cash in on that retirement fund, you better cozy up to the PBGC.

Will you get a W2 for your Social Security?

No, you will not receive a W2 specifically for Social Security benefits. Social Security benefits are reported on a Form SSA-1099, which shows the total amount of benefits received during the tax year. This form is used to report Social Security income on your tax return, but it is not the same as a W2 form, which is used to report wages earned from an employer.

Who was the first President to borrow funds from Social Security Fund?

The first President to borrow funds from the Social Security Fund was President Lyndon B. Johnson. In 1968, Johnson signed legislation allowing the federal government to use the Social Security Trust Fund to finance general government operations. This practice of borrowing from the Trust Fund continued over the years, leading to ongoing debates about the impact on the long-term solvency of Social Security.

What president started taxing social security?

the tax on Social Security was instituted in 1983, long before the Tax Reform Act was even considered. Claiming that Reagan imposed the tax on Social Security benefits ignores that it was a widespread bipartisan effort, passed easily and quickly with overwhelming support by a Democratic House and Republican Senate. Why did it have such bipartisan support? By the 1980s, Social Security was in big trouble. Starting in 1975, SS expenditures exceeded revenues and its reserves were close to being exhausted. It was anticipated that, without legislative action, it would not have been possible to continue paying benefits on time beginning in July 1983.

What is life annuity with period certain?

A life annuity with period certain is a type of annuity contract that guarantees a series of payments for a specified period of time or for the lifetime of the annuitant, whichever is longer. This means that if the annuitant passes away before the specified period ends, the payments will continue to a designated beneficiary until the end of the period. It provides a level of financial security by ensuring a stream of income for a set period, even if the annuitant dies prematurely.

What is a period certain annuity and a life annuity?

Alright, buckle up, buttercup. A period certain annuity pays out for a specific period, even if the annuitant kicks the bucket before it's up. A life annuity keeps paying until the annuitant shuffles off this mortal coil, no matter how long they linger. It's like choosing between a fixed-term fling and a lifelong commitment in the world of annuities.

Can illegal alien wives collect their husbands' Social Security benefits?

In general, for a spouse to be eligible to receive their partner's Social Security benefits, the marriage must be legally recognized. If an individual is in the United States illegally, they may face challenges in obtaining a Social Security number and meeting the eligibility requirements. Additionally, Social Security benefits are typically only available to individuals who have paid into the system through payroll taxes, which may be difficult for undocumented immigrants to do.

How can parents apply for a Social Security Number (SSN) for their newborn child?

Parents can apply for a Social Security Number (SSN) for their newborn child by completing a birth registration form at the hospital when the baby is born. The hospital will then forward the information to the Social Security Administration, which will issue an SSN for the child.

How can a newborn be added to insurance without a Social Security Number?

To add a newborn to insurance without a Social Security Number, you can typically use the newborn's birth certificate or a temporary identification number provided by the hospital. Contact your insurance provider for specific instructions on how to add a newborn without a Social Security Number.

What is the copay for cataract surgery in medicare advantage plans?

Well, darling, the copay for cataract surgery in Medicare Advantage plans can vary depending on the specific plan you have. It could range anywhere from $0 to a couple hundred bucks. Best bet is to check with your plan provider to get the nitty-gritty details.

Can Americans living abroad get Medicaid?

Oh, dude, Americans living abroad can't get Medicaid because it's a state-run program for low-income individuals within the U.S. If you're sipping margaritas in Mexico or chilling in Paris, you're out of luck on that front. You might want to look into private health insurance or just hope you don't need medical attention while you're living the expat life.

Does medicare part b cover aquatic therapy?

Medicare Part B may cover aquatic therapy if it is deemed medically necessary by a healthcare provider. Aquatic therapy must be performed by a qualified healthcare professional in a Medicare-approved facility. Coverage is subject to specific guidelines and limitations set by Medicare, so it is important to check with Medicare or a healthcare provider to determine if aquatic therapy is covered under your specific plan.