Thursday, January 22, 2009

Social Security Bucks

Can you believe it.......over 10,000 Boomers a day become eligible for Social Security!!

To make the Retirement Application Process easier for us Boomers, the Social Security Administration (SSA) has announced a new online process. For more info, go to and click on “Applying Online for Retirement Benefits.” You can view the SSA’s new public service announcements featuring Patty Duke at that site.

We female Boomers have some unique needs because a large percentage of us earn less than $40,000 a year; many of us will not receive a pension and we still earn only 77 cents for every $1 earned by a man.

The Women's Institute for a Secure Retirement (WISER Women) at deals with these issues and more. Be sure to check out the Women and Social Security Section.

Some women overlook the fact that if you are divorced, but were married more than 10 years and were wife #1, then you might be eligible for Social Security benefits based upon your ex-husband's earnings. Something you should look into!

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