News
Friday June 9, 2023
Personal Planner
There are both temporary and permanent rules for federal estate planning. These principles are helpful in creating...More |
Savvy Living
What are the Social Security benefits for family members? What are the qualifications for eligibility?
Depending on your specific circumstances, you may be eligible for Social Security benefits as a spouse, child or a divorced spouse. Here is what you should know.
Who is Eligible?
Eligibility requirements for social security benefits vary based on the beneficiary's classification. A spouse beneficiary may be eligible if they are 62 years of age and receive retirement or disability benefits. Children who have parents that receive Social Security retirement, disability benefits, or have passed away may be eligible for Social Security benefits if the children are unmarried, under 18 years of...More |
Washington News
With a vote of 314 to 117 in the House of Representatives and 63 to 36 in the Senate, Congress sent the Fiscal Responsibility Act of 2023 to the President. When the President signs the bill, the threat of a default on U.S. debt and obligations is avoided.
There was a sigh of relief in Congress, the White House, the financial markets and by world leaders. All were hoping for a compromise and bipartisan support for the bill.
After extended negotiations between President Biden and Speaker of the House Kevin McCarthy, a bipartisan compromise was reached. The bill suspends the debt limit of $31.4 trillion until January 2025. After the next election in November of 2024, the new Congress and...More |
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