Today almost half of those filing for Social Security benefits do so at age 62, the earliest age to which the law makes eligible. Some choose to delay benefits and postpone using their retirement savings as an income source. Others apply out of necessity; their financial situation leaves them little choice. Weighing everything involved, what [...] [...]

>> BIG IDEAS Innovate Mississippi to encounter “real-world” market tests at Startup Weekend— by Ted Carter Also in this week’s paper: >> ENERGY No land deal stalls Winston County refinery plans— by Clay Chandler >> REAL ESTATE New name, new developer push Starkville development forward— by Clay Chandler >> APPROPRIATIONS Ethics commission chief expects agency [...] [...]

According to current data, roughly half of retirees claim Social Security benefits today by age 62 –or as soon as they become eligible. And while some people delay benefits and postpone using their retirement savings as an income source, far more today apply out of necessity; their financial situation leaving them little in the way [...] [...]
We are now in plain view of our country’s “fiscal cliff.” After the election, Congress may or may not end up keeping income and estate tax rates at their recent levels. Next year may bring some notable financial developments, and it isn’t too soon for households to think about what may be in store: You [...] [...]

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Many new retirees today assume that Social Security income (SSI) is tax-free. Unfortunately, that is not always the case these days. This is because the door to taxation was opened in 1983 when Congress passed a law in which some might have to pay . . . depending on the amount of income earned. How [...] [...]

by MBJ Staff Published: July 5,2012
Tags: bed bugs, Brandon Presley, Dixie Queen, healthcare legislation, John Roberts, small business, Social Security, state licensing, TrueSouth, Tupelo
>> FIGHTING BACK Exterminators, scientists see strides in finding, killing bed bugs — By Ted Carter Also in this week’s paper: >> TRUESOUTH IN FULL SWING New golf tournament field up for July 16— by Staff Reports >> “CALL WAITING” PSC commissioner Presley to challenge law derived from ‘AT&T Bill’— by Clay Chandler >> FINANCE New [...] [...]
WASHINGTON — A report on the financial condition of the Medicare and Social Security programs contends the Obama administration’s sweeping healthcare overhaul will extend the life of the Medicare hospital insurance fund by 12 years — an assertion that Medicare’s top numbers-cruncher disputed. The report acknowledged in its own right that the brighter outlook for [...] [...]