As many of you may be aware, new laws regarding Social Security were signed into law on November 2nd 2015 with the Bipartisan Budget Act of 2015. There has been a lot of confusion on how the new laws take effect starting April 29th, 2016. We hope the information below helps you regarding the decisions of when to take Social Security.&nbs
Recently, I had the opportunity to meet, listen and ask questions of eight portfolio managers. Here are a few things I learned and who said it….
Tom Wetherald, Equity Portfolio Manager
By Jay Gershman, (based on a presentation by Van Mueller, featured speaker at the recent NAIFA meeting).
While most people are frustrated with the waste associated with earmarks, the reality is that 92% of the Federal debt comes from entitlements such as Social Security, Medicare, Medicaid, defense and interest on our national debt.
“So many of our dreams at first seem impossible, then they seem improbable, and then, when we summon the will, they soon become inevitable,” said the late actor Christopher Reeve.
As I write to you today, August 3, 2011, I am one of millions of people trying to digest the aftermath of the debt ceiling vote and understand what is happening to the economy and why equity markets throughout the world have corrected so quickly over the past week.
Do you ever wonder why two seemingly similar people react to the market meltdowns so differently? I believe it is far too simple to say the recent rapid correction was the reason for the stress that many individuals have shown the past few weeks. Of course, it would be equally unreasonable to assume that it was the culmination of the past three years that caused the emotio