Our Company News
Social Security and Government Employees: Part Two – Windfall Elimination Provision
In Part One of this series of articles, we looked at certain types of government employees. These are people who have worked previously with a “non-covered” pension. That is, they worked at a job where they didn’t have to pay Social Security (SS) withholding taxes...
Security Mutual Announces 2019 Dividend Scale
Making a Difference in the Lives We Touch (Binghamton, NY ● November 19, 2018) The Security Mutual Board of Directors acted to continue the current 2018 dividend scale for 2019. This action reflects the Company’s financial strength, commitment to policyholders and...
Social Security and Government Employees: Part Three – Government Pension Offset
In Parts One and Two of this series, we looked at certain types of government employees who have worked previously with a “non-covered” pension. That is, they worked at a job where they didn’t have to pay Social Security withholding taxes, but got a separate pension...
Social Security and Government Employees: Part One – The Basics
Government employees are a seriously under served market, particularly when it comes to Social Security. And there’s one interesting reason: Very few people truly understand how Social Security integrates with “non-covered” pensions. That is, pensions, often for state...
Divorce and Remarriage
What happens to Social Security after divorce occurs? Here's a quick summary. First, a divorced spouse who was married for at least ten years is entitled to the same Social Security spousal benefit as a married spouse. That is, he or she may receive up to 50 percent...
How Do You Define Success?
Is it revenue, income or innovation? Perhaps your ability to give back to your community? Maybe improved well-being of your employees and increased ability to provide for your own family? Maybe you’re just starting out and want it all. Whatever your financial goals,...
Will it Still Be There?
There is some disturbing language—in bold print, no less—on the second page of any individual Social Security statement issued by the SSA: Your estimated benefits are based on current law. Congress has made changes to the law in the past and can do so at any time. The...
2018 All-Star Golf Tournament Boasts Impressive Achievements!
(Binghamton, NY • October 4, 2018) The 17th Annual Jim “Mudcat” Grant All-Star Golf Tournament held August 30 resulted in a number of impressive achievements. Two tournament participants scored a hole-in-one—an All-Star Golf Tournament record! But even more important,...