Community, Diversity, Sustainability and other Overused Words

Articles written by Rusty Gloor


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  • Social Security: Explaining Earnings Limits and Cost of Living Adjustments

    Rusty Gloor, Association of Mature American Citizens|Jun 3, 2024

    Ask Rusty - About Social Security's Earnings Test and Cost of Living Adjustments Dear Rusty: Is there a limit on earnings when you're fully retired? Also, should all retirees receive COLA or is there an exception? Signed: Retired But Wondering Dear Retired: Your questions are fairly simple but, nevertheless, often perplexing to those wishing to apply for Social Security, because the SS rules are many (over 2,700 of them) and those about to apply for their benefits may be simply unsure and want...

  • Why am I Paying Medicare Part B if I'm Still Working and Paying into the System?

    Rusty Gloor, Association of Mature American Citizens|May 27, 2024

    Ask Rusty – I'm Working after age 65; Why Aren't I Exempt from Medicare Part B Premium? Dear Rusty: Why, as I continue to work after age 65 and have FICA taxes taken from my check, am I - or anyone - also compelled under the threat of penalties, rate increases, etc. to immediately take Medicare Part B? Am I not then effectively paying into the system twice? As more and more people over 65 continue to work, isn't that a consideration that should be evaluated by Congress - if one is working p...

  • If Required, Social Security Cutbacks Would Affect Everyone, not Just New Beneficiaries

    Rusty Gloor, Association of Mature American Citizens|May 18, 2024

    Ask Rusty – Future Retiree Worried About Social Security's Future Dear Rusty: I keep reading that the SSA will only be able to pay out 75% of benefits come 2033. If congress were to do nothing and this reduction in benefits occurred, would seniors already collecting benefits in 2033 have their benefits reduced or would it only be those who have not begun to collect have their future benefits reduced? I will be collecting my benefits no later than 2027 but my wife will not reach full r...

  • Should You Protect Against Social Security's Future Lack of Funds?

    Rusty Gloor, Association of Mature American Citizens|May 14, 2024

    Ask Rusty – Future Retiree Worried About Social Security's Future Dear Rusty: I keep reading that the SSA will only be able to pay out 75% of benefits come 2033. If congress were to do nothing and this reduction in benefits occurred, would seniors already collecting benefits in 2033 have their benefits reduced or would it only be those who have not begun to collect have their future benefits reduced? I will be collecting my benefits no later than 2027 but my wife will not reach full r...

  • Know Your Life Expectancy - The Key to Knowing When to Collect Social Security

    Rusty Gloor, Association of Mature American Citizens|Jan 24, 2021

    Ask Rusty – Should I Wait Until Age 70 To Claim? Dear Rusty: I have read your answers to the commonly asked question of "When should I claim social security benefits." You always say one should wait as long as possible (up to age 70) to get the maximum monthly benefit. But I have not seen you address the matter of all the money you could have collected if you start drawing sooner and how many years it will take, if you wait, to recoup all that money. I am now 64. I have always planned to wait u...