Topic: Aging and the Elderly

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Income tax refund: five tips for maximizing it

People are always looking for ways to get every dollar back they deserve at tax time. Fortunately, there are some smart moves you can make before April 17 to help maximize your income tax refund. Spending a few minutes now will save you time preparing your taxes and can help you get big savings. Here are five tips to get you started:
Five myths about video games

Why they aren’t as scary or one-dimensional as many parents think.
Mardi Gras: a guide to five of the biggest New Orleans parades

Parades known as krewes form the backbones of the Mardi Gras season in New Orleans. Here are five of the biggest ones.
Five budget realities no politician will talk about (not even Ron Paul)

Ron Paul deserves credit for making the boldest proposals of any candidate in the presidential race. The astonishing reality of the federal government’s budget situation, however, is that even his plans might not be enough to keep Uncle Sam out of bankruptcy. While President Obama offers a $3.8 trillion budget that optimistically might cut the federal deficit to $575 billion by 2018, federal data suggest the United States is already broke. The Federal Reserve estimates that the net value of all private assets, including real estate, stocks, bonds, businesses, cash, etc., is $57 trillion. But the Treasury Department estimates the federal government’s net worth is a negative $61 trillion. Here are five budget realities that no candidate wants to acknowledge:
Ali Wentworth: 8 stories from an inside-the-Beltway childhood

From her new memoir 'Ali in Wonderland,' the actress and comedian shares memories of her Washington D.C. upbringing and later life as a wife and mother.

All Content

Social Security fund: Cash gone in 2033

Social Security fund will run out three years earlier than earlier projections due to boomer retirements, weak economy. If Social Security fund runs out, retirees will get 75 percent of promised benefits.
Workers say zealous eurozone reformers are eroding their sacred rights

Union powers and workers' protections have been severely curtailed to make Europe's struggling economies more competitive. Some say the cuts have gone further than necessary.
Britain's 'millionaire' budget eases taxes on the rich

Britain released its annual budget yesterday, which includes a tax cut for the country's biggest earners – but also eliminates taxes for Britain's lowest earners.
Income tax refund: five tips for maximizing it

People are always looking for ways to get every dollar back they deserve at tax time. Fortunately, there are some smart moves you can make before April 17 to help maximize your income tax refund. Spending a few minutes now will save you time preparing your taxes and can help you get big savings. Here are five tips to get you started:
Paragliding grandma defies gravity and age

At 101, great, great grandmother May Hardison of Utah, celebrated a new world record Tuesday: the 'Oldest Female to Paraglide Tandem.'
Five myths about video games

Why they aren’t as scary or one-dimensional as many parents think.
Social Security: eight key things to know

Social Security recipients should look into the possibilities of spousal benefits, as well as their own, to maximize their Social Security income.
The Daily Reckoning
Why the young are forced to pay the old's debts

Instead of families paying for their children’s education, they force the children to borrow the money from the government. Then, paying it back, the money is recycled to old people — through Social Security, Medicare, and so forth. How long will they put up with it?
Mardi Gras: a guide to five of the biggest New Orleans parades

Parades known as krewes form the backbones of the Mardi Gras season in New Orleans. Here are five of the biggest ones.
Five budget realities no politician will talk about (not even Ron Paul)

Ron Paul deserves credit for making the boldest proposals of any candidate in the presidential race. The astonishing reality of the federal government’s budget situation, however, is that even his plans might not be enough to keep Uncle Sam out of bankruptcy. While President Obama offers a $3.8 trillion budget that optimistically might cut the federal deficit to $575 billion by 2018, federal data suggest the United States is already broke. The Federal Reserve estimates that the net value of all private assets, including real estate, stocks, bonds, businesses, cash, etc., is $57 trillion. But the Treasury Department estimates the federal government’s net worth is a negative $61 trillion. Here are five budget realities that no candidate wants to acknowledge:
Ali Wentworth: 8 stories from an inside-the-Beltway childhood

From her new memoir 'Ali in Wonderland,' the actress and comedian shares memories of her Washington D.C. upbringing and later life as a wife and mother.
Social Security retirees can't ditch Medicare, court rules

Social Security recipients sued to opt out of Medicare, saying the benefit limits their private insurance coverage. But federal appeals court rules they can't reject Medicare if they receive Social Security.
The Vote
Mitt Romney breaks into song, serenading Florida voters (+video)

Mitt Romney usually recites lyrics to 'America the Beautiful' during his stump speech. But on Monday, the eve of Florida's GOP primary, he broke into song – and the crowd joined him.
The New Economy
Working beyond 65 can be good. Is it right?

Raising the retirement age would shore up America's shaky finances while extending activity and satisfaction for many workers. But raising the retirement age isn't right for everyone.
Election 101: Where the GOP candidates stand on the economy

With more than 13 million Americans out of work and wage increases so modest they’re failing to keep up with inflation, voters have put the economy and jobs at the top of their checklist of presidential issues.
Census finds 1 in 8 Americans are seniors – an all-time high

Newly released 2010 Census figures show that seniors make up a larger share of the American population than ever before. The trend will only gain steam in the years ahead.
Retirement revised: Jerry Brown proposes pension reform in California

Other states, also struggling with budget problems, will be watching closely to see how California handles this key issue with its 1.6 million public employees and retirees.
Medicare could save $125 billion

Medicare and Medicaid could save the money through coordinating care, a study says. Some 9 million elderly are eligible for both Medicare and Medicaid.
Africa Monitor
Liberia's referendum goes off peacefully, despite opposition boycott

Referendum items voted on yesterday could give incumbent President Ellen Johnson-Sirleaf a boost heading into Liberia's pivotal presidential election in a few weeks.
Social Security disability program running out of funds

Social Security disability program will be insolvent around 2017. The Social Security disability program aids Americans who have been injured even before they reach retirement age.
Medicare overhaul? Tea party sees a chance.

Medicare overhaul is priority of tea party activists planning to make themselves heard at town hall meetings in key battleground states. Supporters want Medicare overhaul along the lines of Rep. Ryan's plan.
The New Economy
Solution to US debt woes isn't economic. It's social.

Economic problems like the housing debacle, Social Security and Medicare shortfalls have a social solution: stronger extended families.
Will and Kate visit L.A.: Locals' top 10 southern California must-sees

Royal newlyweds William and Kate have a busy, business-first itinerary for their three-day visit to southern California, which begins Friday. If they had asked us, we’d have given them these 10 tips for how to savor the SoCal experience. For every obvious tourist gambit, we’ve thrown in some insider info about where to pan for the best Angeleno cultural gold.
The Simple Dollar
Retirement at 65? But it's the new 45!

When the retirement age was set at 65, Americans had a shorter lifespan. So now, maybe we'd do best to stay productive a little longer.
South Africans vent frustration, this time in municipal elections

In the fourth municipal elections since the end of apartheid in 1994, South Africans voters say they are disappointed with politics in general.