It's also a common tendency to overestimate how much you will get from Social Security, according to a survey by the Nationwide Retirement Institute. About 30% of future retirees in the survey anticipated collecting more than they are likely to receive, saying they expected to get ,628 per month in Social Security benefits on average, but current retirees are receiving an average of ,257 per month. That gap is significant because 55% of those surveyed said that Social Security benefits would be their main source of income in retirement..It makes no difference if a Member of Congress has broken the law. This newsletter recently reported that former Representative Randy "Duke" Cunningham, who was sentenced to eight years in jail for bribery charges, is entitled to an annual pension of about ,000. Currently, it takes an act of treason for a Member of the House or Senate to lose a pension..Earlier this year President Biden signed an Executive Order to secure America's critical supply chains. The Executive Order directed the Administration to launch an immediate 100-day review and strategy development process to identify and address vulnerabilities in the supply chains of four key product sectors, including pharmaceuticals.So, which one should you take?.At this point in time, it remains unclear whether congressional leaders will bring the "Budget for a Brighter American Future" to the floor for a vote, but the resolution does clearly outline the policy priorities of the majority party in the House. The Senior Citizens League will keep a close eye on the movement of the budget resolution in the weeks ahead, and we will continue to voice our opposition to policies that would jeopardize the health and financial security of older Americans. For progress updates, follow TSCL on Twitter or visit the Legislative News section of our website..Age doesn't matter for contributions to some types of 401s. Regardless of age, you can continue to contribute to a traditional 401 as long as you own less than 5% of the business you are working for. You aren't required to take required minimum withdrawals..Changes in home housekeeping and maintenance. Is there a change in housekeeping and how well your friend maintains her home and yard? Is there clutter piled everyone, and garbage needing to be removed? Does the lawn look weedy and overgrown?.He continued his career at Bruce W. Eberle and Associates, another nationally-prominent direct marketing agency from 2002 2004, before making a career change and becoming Legislative Director for The Retired Enlisted Association, the largest organization exclusively for retired enlisted military personnel from all branches of the armed services in the nation. At TREA he was a registered lobbyist dealing with issues of concern to military retirees, including retired pay and health care..too.
