Dec 26, 2013

The Death Master File Is Really Wonky But Still Interesting

     The American Thinker gives lots of background on Social Security's Death Master File (DMF). Did you know that Ronald Perholst, who was at one time the Postal Service's General Manager of Accounting, led the fight to make the DMF public? Did you know that the DMF is especially important to Native Hawaiians and Ashkenazi Jewish women?

Social Security Calls This The Waterfall Chart

Click on it to view in larger format

Dec 25, 2013

Old Overpayment Waived

     Social Security has waived a 41 year old overpayment of $493.80 for one man. Great for him but it's time for a statute of limitations on Social Security overpayments.

Merry Christmas!


Merry Christmas!


Dec 24, 2013

Christmas Eve


Americans Aren't Prepared Financially For Retirement And The Problem Is Getting Worse

     From the abstract of a study by the Center for Retirement Research at Boston College:
The National Retirement Risk Index (NRRI) measures the share of working-age American households “at risk” of being unable to maintain their pre-retirement standard of living in retirement. ... As of 2010, the NRRI showed that, even if households worked to age 65 and annuitized all their financial assets (including the receipts from reverse mortgages on their homes), 53 percent of American households were at risk.
     By the way, the study shows that the problem has been getting worse.

Merry Christmas