Outdated Social Security System Puts Some Who Wait To Marry At Greater Risk For Poverty In Retirement

Outdated Social Security System Puts Some Who Wait To Marry At Greater Risk For Poverty In Retirement

Marriage has long been seen as a way to bring stability to a couple’s finances. You earn together, save together, and many decades down the road you may even qualify to receive retirement and survivor income from Social Security thanks to your beloved. But times are changing and the rules that govern these benefits were designed more than 50 years ago when fewer women worked and couples tended to tie the knot earlier. Today’s evolving marriage and work trends are leaving some future retirees vulnerable. [More]

Will McDonald's Drop Health Care?

Will McDonald's Drop Health Care?

McDonald’s is or was at least kicking around the idea of dropping health care for 30,000 workers, in what seems to be a nose-thumbing reaction to government health care reform. [More]

Depressed Lady Loses Benefits Because Of Her Facebook Photos

Depressed Lady Loses Benefits Because Of Her Facebook Photos

A depressed woman has lost her benefits because her insurance agent found Facebook photos where she appears to be having fun.

What You Need To Know About Today's Unemployment Benefits Extension

What You Need To Know About Today's Unemployment Benefits Extension

If you’re still struggling to find a job in the current economy, you’ll be happy to know that this morning President Obama is expected to sign legislation to extend benefits for few more months. The New York Times has more info on how the extension will work, and who qualifies for it.

Ex-Time Warner Employee's Zombie AOL Account Finally Put To Rest

Ex-Time Warner Employee's Zombie AOL Account Finally Put To Rest

You may remember Jennifer, who we wrote about on Wednesday. She suddenly started receiving collection notices for an AOL account she hadn’t paid for since 2000. Her situation has since been resolved, and serves as an important reminder about accounts and benefits when changing jobs.

Congress Considers Partially Removing Tax Exemption On Employer Provided Health Benefits

Congress Considers Partially Removing Tax Exemption On Employer Provided Health Benefits

While details of such an approach are still sketchy, it would likely involve employees paying tax on a percentage of their employer-provided health benefits. So if Congress decided that all such premiums in excess of $11,000 for family plans would be taxable income, and your company paid premiums worth $16,000 for your coverage, you’d have to pay taxes on $5,000.

Uh Oh, Someone Has Sued Suze Orman For Fraud

Uh Oh, Someone Has Sued Suze Orman For Fraud

But not for her advice* or her fashion sense, as you might expect. In addition to doling out advice on TV and in books, Orman is a licensed insurance broker in California, and in 1999 her firm the Suze Orman Financial Group sold some long-term care insurance to Ann Garat, who developed ovarian cancer two years later. When Garat filed a claim, CNA Financial—the issuer of the insurance—rejected it, saying their fine print stipulated it wouldn’t cover care from family members.

Netflix Offers Not Only Unlimited Rentals, But Also Unlimited Vacation

Netflix Offers Not Only Unlimited Rentals, But Also Unlimited Vacation

In this age of decreasing perks, it’s semi-refreshing, semi-enraging to discover that Netflix salaried employees get unlimited vacation. Workers can fly the coop for more than a month at a time without checking in.

Settlers Life Insurance Denies Claim For Widow Of Gunshot Victim Due To Pre-Existing Medical Condition

Settlers Life Insurance Denies Claim For Widow Of Gunshot Victim Due To Pre-Existing Medical Condition

At Settlers Life Insurance, being shot in the back by unknown assailants is trumped by Hepatitis C, and they won’t pay your benefits. According to the lawsuit filed last week (pdf), Curtis McCraw held a life insurance policy with Settlers Life Insurance at the time of his murder in April 2008. When his wife Stephanie McCraw attempted to claim the Accidental Death Benefit, Settlers denied her claim because her husband had “a pre-existing liver condition.” We knew Hepatitis was bad, but we didn’t know it could pull out a gun and shoot you. We wonder if Hepatitis C is what really killed Kennedy.

Royal Caribbean Scuttles Crown & Anchor Society

Royal Caribbean Scuttles Crown & Anchor Society

Royal Caribbean is gutting the Crown & Anchor society that lavishes loyal cruisers with perks like discounts, priority boarding, and a concierge lounge stocked with complimentary cocktails. The free booze will now be available only to cruisers who have sailed more than 25 times with Royal Caribbean. Many loyal passengers who don’t spend their lives on Royal Caribbean ships are understandably pissed.

http://consumerist.com/2009/01/14/ready-to-apply-for-social/

Ready to apply for Social Security benefits? You can now apply online. [UCAN via unclefatlips]

When Buying Travel Insurance, Find Out What's Covered First

When Buying Travel Insurance, Find Out What's Covered First

Richard is angry. He paid good money for travel insurance when he purchased tickets to Italy, and when he ended up having to work over vacation he canceled the trip and filed a claim. Access America denied it because being required to work during a trip isn’t covered by Richard’s benefit plan.

The 20 Best And Worst Cities For Unemployment Benefits

The 20 Best And Worst Cities For Unemployment Benefits

Losing a job is bad enough, but your unemployment benefits can vary wildly depending on where you live. The L.A. Times compared unemployment benefits to the cost of living and picked the twenty best and worst cities to be unemployed.

"Golden Coffins" Make CEOs Modern-Day Pharaohs

"Golden Coffins" Make CEOs Modern-Day Pharaohs

Thanks to a change in federal rules 18 months ago, it’s now much easier to find out details of so-called “golden coffins,” which are—yes, this is real—posthumous payouts to CEOs that can climb into the hundreds of millions. Brian Roberts of Comcast will receive $298.1 million if he dies in office; Robert Iger of Disney will receive $62.4 million; Ivan Seidenberg of Verizon will receive $43.4 million. Ha ha, life insurance is for paupers!

Lawsuits Claim Insurers Are Choking Social Security With Unnecessary Disability Applications

Lawsuits Claim Insurers Are Choking Social Security With Unnecessary Disability Applications

Two whistleblower lawsuits have been filed recently against insurers, faulting them for requiring unnecessary and repeated disability applications with Social Security before they’ll pay out any benefits. One person says her disability insurer, the Unum Group—which was only paying her $50 a month for a temporary injury she was almost certain to recover from—called her 10 times to ask her about her Social Security disability application. The woman told the New York Times “she did not need or want money from Social Security, and did not think she was entitled to it. Her doctors had told her she would recover, and Social Security is limited to people whose disabilities are total and permanent.”

5 Ways Credit Cards Can Make You Happy

5 Ways Credit Cards Can Make You Happy

The ways that credit cards can make you unhappy are legion. Fees, balances, crazy interest rates, universal default, the list goes on. But, even though we just saw Bank of America digging a pit in your backyard, and word has it the zoo is missing 3 tigers and a crocodile, there are a few ways that a credit card can make you happy. (Not all of these tips are unique to credit cards, so check to see which benefits your debit card has.)

Don't Be Fooled By "Limited Benefit" Insurance Plans

Don't Be Fooled By "Limited Benefit" Insurance Plans

If you’re a freelancer, temp worker, or hourly worker, you may have already been exposed to the “limited benefit plan,” a rotten insurance scheme which is designed to rake in more profits for insurance companies by offering low cost plans that provide almost no worthwhile coverage for the consumer.

Walmart Will Assign Employees According To Customer Traffic, Not Sales

Walmart is changing things up with some new software that will schedule employee shifts based on traffic and not sales. This makes employees mad. Why?