Social Security

Esquire Financial Holdings, Inc. Announces Partnership With Assure Disability To Offer Serve® Prepaid Cards For Social Security Disability Claimants

Tuesday, July 27, 2021 - 1:30pm

The Serve product offered as part of this agreement with Esquire will be a Serve Card issued by American Express.

Key Points: 
  • The Serve product offered as part of this agreement with Esquire will be a Serve Card issued by American Express.
  • "Assure offers a consolidated approach to disability scheduling for hearings through its unique technology platform, allowing lawyers to schedule multiple hearings per day."
  • Assure has a best-in-class technology solution for law firms and claimants in the SSD vertical.
  • Assure Disability is a legal services company that helps Social Security disability representatives bring premium products and services to their clients.

Express MRI Notifies Patients of Data Breach

Monday, July 26, 2021 - 1:40pm

ATLANTA, July 26, 2021 /PRNewswire/ --Express MRI is notifying patients of a data breach that may involve some of their information.

Key Points: 
  • ATLANTA, July 26, 2021 /PRNewswire/ --Express MRI is notifying patients of a data breach that may involve some of their information.
  • Express MRI became aware of a potential data breach on July 10, 2020.
  • "Protecting our patients' personal information is one of our top priorities in our commitment to providing you with safe, high-quality care," said Express MRI CEO Alex Halpern.
  • Patients with questions and concerns may contact Express MRI toll-free at (833) 915-0885, Monday through Friday from 9 a.m. to 5 p.m. Eastern.

Business Leaders Join Together to Call for Paid Family and Medical Leave in New Video

Thursday, July 22, 2021 - 6:05pm

WASHINGTON, July 22, 2021 /PRNewswire/ --Today, the National Partnership for Women & Families released a new video featuring some of the most recognizable leaders in business advocating for a nationwide paid family and medical leave program.

Key Points: 
  • WASHINGTON, July 22, 2021 /PRNewswire/ --Today, the National Partnership for Women & Families released a new video featuring some of the most recognizable leaders in business advocating for a nationwide paid family and medical leave program.
  • The video features business leaders from ThirdLove, Patagonia, Sun Life U.S., Thinx, Airbnb, Seven Seven Six, Levi Strauss & Co., Brew HaHa!
  • "As Congress is considering investments in infrastructure and caregiving, it is critical that paid family and medical leave is part of the package.
  • The National Partnership for Women & Families is also launching a six-figure multi-state ad campaign to showcase the voices of business leaders that are advocating for a nationwide, inclusive paid family and medical leave program.

New Research Finds Millennials and Gen X Increasingly Concerned About Retirement in Wake of Pandemic

Monday, July 19, 2021 - 3:00pm

Sixty-four percent of Millennials and 54 percent of Generation X are more concerned about their retirement security in the wake of the COVID-19 pandemic.

Key Points: 
  • Sixty-four percent of Millennials and 54 percent of Generation X are more concerned about their retirement security in the wake of the COVID-19 pandemic.
  • New research finds that Millennials and Generation X are more worried about retirement as compared to older generations.
  • The research finds strong support for pensions and Social Security, both of which provide stable and predictable income that lasts through retirement.
  • There is generational agreement that the U.S. faces a retirement crisis, with Millennials and Generation X most pessimistic about retirement.

Congressional Inaction Could Cost Thousands in Social Security for Many, Says New Analysis From The Senior Citizens League

Thursday, July 8, 2021 - 10:00am

"A flawed feature of the Social Security benefit formula could cause reductions, but Congress can prevent this from happening if it takes action soon," states Mary Johnson a Social Security policy analyst for The Senior Citizens League.

Key Points: 
  • "A flawed feature of the Social Security benefit formula could cause reductions, but Congress can prevent this from happening if it takes action soon," states Mary Johnson a Social Security policy analyst for The Senior Citizens League.
  • But BLS wage data can vary from the final wage data that employers report to the Social Security Administration.
  • With 1.2 million supporters, The Senior Citizens League is one of the nation's largest nonpartisan seniors groups.
  • The Senior Citizens League is a proud affiliate of The Retired Enlisted Association .

Walden Security Announces Annual Awards for Social Security Administration

Tuesday, July 6, 2021 - 9:30pm

CHATTANOOGA, Tenn., July 06, 2021 (GLOBE NEWSWIRE) -- Walden Security recently hosted its largest officer recognition event of the year, honoring the Social Security Administration (SSA) Protective Security Officers (PSO) who reached professional achievements in their security career: Officer of the Year awards and tenure milestone recognition.

Key Points: 
  • CHATTANOOGA, Tenn., July 06, 2021 (GLOBE NEWSWIRE) -- Walden Security recently hosted its largest officer recognition event of the year, honoring the Social Security Administration (SSA) Protective Security Officers (PSO) who reached professional achievements in their security career: Officer of the Year awards and tenure milestone recognition.
  • Each year, only one security officer from the Federal Services Division's nearly 3,000 employee workforce receives Protective Security Officer of the Year recognition.
  • In addition to the Officer of the Year awards, 26 Walden Security employees were commended for 20 or more years of service with the SSA.
  • Walden Security is one of the nations only security firms with an ISO 9001:2015 Quality Management System Certification, and is the nations largest WBENC-certified Womens Business Enterprise specializing in uniformed and integrated security services.

LifeYield Connects Social Security Optimizer to InsurMark’s Advisor Growth Platform

Tuesday, July 6, 2021 - 3:00pm

LifeYield gives our advisor partners a better answer.

Key Points: 
  • LifeYield gives our advisor partners a better answer.
  • LifeYields Social Security+ technology integration with InsurMarks Hubbard platform enables advisors to show on demand the dollars-and-cents impact of an investors Social Security filing strategy, and how a spouses circumstances and other factors influence the optimal time for each individual to claim their benefits.
  • LifeYield coordinates and optimizes the levers of cost, risk, tax and Social Security to produce better financial outcomes and quantify the benefits in dollars and cents.
  • LifeYield Social Security+ software helps over 90,000 advisors plan optimal filing strategies as clients near retirement and provides guidance on how to build a comprehensive income stream.

Americans are failing in Social Security education

Wednesday, June 30, 2021 - 2:30pm

"It's indisputable that Americans across all generations need more Social Security education," said Tina Ambrozy, senior vice president of Strategic Customer Solutions at Nationwide.

Key Points: 
  • "It's indisputable that Americans across all generations need more Social Security education," said Tina Ambrozy, senior vice president of Strategic Customer Solutions at Nationwide.
  • Financial professionals must help their clients understand this bedrock of retirement security in America and plan properly to maximize their Social Security benefit."
  • Six in 10 Americans (59%) say they worry more now than they did before about Social Security running out of funding.
  • The Nationwide Social Security 360 Analyzer can help financial professionals assess a client's goals to better advise on the optimal time to claim Social Security.

Money on the Table: Just 10% of Non-Retired Americans Plan to Wait to Age 70 to Claim Social Security According to Schroders Study

Thursday, June 24, 2021 - 2:27pm

Other income-producing strategies mentioned include:

Key Points: 
  • Other income-producing strategies mentioned include:
    Four-in-ten retirees also said they wish they had taken a more aggressive approach to investing in retirement.
  • Generating income in retirement is more challenging than ever thanks to the prevailing low interest rate environment, said Mr. Schiffman.
  • Social Security is one piece of the puzzle, but its not a panacea.
  • Respondents were fairly evenly split by age and gender; age: 45-59 (367), 60-69 (348), and 70+ (285); male (501), female (499).

Equable Institute Finds a Majority of Public Workers Aren't Provided an Adequate Path to Retirement Security

Thursday, June 24, 2021 - 1:37pm

The report also reveals that 3 of 4 statewide public retirement plans provide adequate retirement income for full career workers, regardless of plan type, provided they spend their entire career enrolled in the same plan.

Key Points: 
  • The report also reveals that 3 of 4 statewide public retirement plans provide adequate retirement income for full career workers, regardless of plan type, provided they spend their entire career enrolled in the same plan.
  • Equable Institute Finds a Majority of U.S. Public Workers Aren't Provided an Adequate Path to Retirement Income Security
    The Retirement Security Report is an interactive, digital evaluation of the quality of retirement benefits offered to public workers nationwide using customizable score cards for all 335 statewide retirement plans currently open to new hires.
  • While most analyses of public retirement plans focus on the sustainability of public retirement systems and their costs, the Retirement Security Report is focused on the value of benefits being offered to public sector workers to determine if individual plans are providing a path to retirement income security for municipal employees, public safety officers, state workers, and teachers based on career tenure and age.
  • "Retirement plans should prioritize putting their members on a path to adequate retirement income security.