Monthly Archives: March 2016

Social Security in 2016

The end of the file and suspend strategy, effective May 1, is this year’s biggest change to Social Security. Individuals under full retirement age will no longer be able to file and suspend payments with the option to later receive a lump sum for the suspended period. And a spouse will not be able to suspend Social Security benefits to allow their partner to draw on the spouse’s account while it builds delayed credits. There… Read More »

Preparing for Career Opportunities

There are several bright spots in today’s job market. Overall, the U.S. added 2.45 million jobs for 2015. According to a survey published last fall by Michigan State University, employers expect to hire 15 percent more college graduates in the 2015-2016 academic year. Based on the survey and Bureau of Labor Statistics, the following fields will offer the greatest hiring opportunities: construction; education (pre-K through grade 12); financial and insurance services; aerospace, automotive, truck and… Read More »

National Consumer Protection Week

Financial security involves more than having a retirement plan or a way to accumulate wealth. It also requires being vigilant to protect your finances so you don’t fall victim to fraud. Sunday marked the start of National Consumer Protection Week (NCPW), an annual coordinated campaign that promotes resources available online from government agencies and consumer organizations to help people make smarter buying decisions and spot rip-offs.  Created 19 years ago by the Federal Trade Commission… Read More »