Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page By Michelle Singletary Washington Post June 08, 2018 WASHINGTON — Social Security and retirement go together like peanut butter and jelly — many people just can’t have one without the other.Yet when it comes to Social Security, there is a mountain of anxiety about how it factors into retirement plans, especially for the millions of people who depend on it as their only source of income.Politically, Social Security is often vilified as an entitlement program that costs taxpayers too much. And there’s concern that it’s in danger of running out of money. Advertisement Let’s take a look at that last point. Social Security does have some big funding issues, according to the just-released annual trustees report. Over the program’s 83-year history, Social Security has collected about $20.9 trillion and paid out $18 trillion. … [Read more...] about Worried about cuts to Social Security?
Can you get disability and social security
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Business Perspective Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events Your Big Book could be a three-ring binder resting in a safe place or a virtual vault locked somewhere in the cloud. (kyoshino/Getty Images/iStockphoto) by Thomas Heath by Thomas Heath Email the author May 18 Email the author Tax season is over. School is starting to wind down. Summer is coming. Things have slowed enough to gather yourself and get organized. We call it the Big Book in my family. Invented by my scrupulously detailed father-in-law, the Big … [Read more...] about Let’s talk about the Big Book: Everything your family needs to know when you die
The incidence of objectionable content on Facebook is rising, as is Facebook’s ability to identify it before users report it, according to the company’s first report on enforcing its community standards. The report, covering October 2017 to March 2018, found that the prevalence of graphic violence and nudity and sex rose in the first three months of this year, compared with the prior three months. Facebook said it could not estimate the prevalence of posts promoting terrorism or hate speech, or containing spam. But it said it took action on more content for those reasons in the first quarter than in the fourth quarter of 2017; such action can include removing a post, slapping a warning label on it, or hiding the content from underage users The period covered by the report coincides with Facebook CEO Mark Zuckerberg’s commitment to devote more resources to safety and security, an area where Facebook says it has historically “under-invested.” Facebook says … [Read more...] about How Much Sex, Violence and Hate Speech Is on Facebook?
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Get There Perspective Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events by Michelle Singletary by Michelle Singletary Email the author May 7 at 7:01 AM Email the author Maybe your dream of retirement is to settle in a little beach town in paradise. Is that your spouse’s dream, too? (iStock) I’m looking forward to retiring with my husband. And we have a plan. We when retire, we’ll devote even more of our time to financial literacy projects. We both love helping people manage their money, and we already team … [Read more...] about Can retirement ruin your marriage?
Dear Liz: I established a Coverdell Education Savings Account for my son about 20 years ago. My son has since graduated, and there is still about $12,000 left in that account. He has worked a few years and now is going to graduate school while still being employed. His employer will do education reimbursement.How should we withdraw the funds to qualify for the education expense deduction come tax time?Answer: Congress recently eliminated the tuition and fees deduction, but the American Opportunity Tax Credit and the Lifetime Learning Credit remain for 2018. For you to claim an education credit, however, your son would have to be your dependent. If your son is working full time, he’s probably not a dependent. He may be able to take a credit, but only for qualified education expenses that aren’t reimbursed by his employer or paid by a Coverdell distribution. Taxpayers aren’t allowed to double-dip — or potentially, in this case, triple-dip — on education tax … [Read more...] about If your job reimburses you for education costs, can you still get a tax deduction?