social security

Commentary

Recent Important Snippets You May Not Have Seen

by Tom Koziol | February 5, 2010

After reading a story titled, “Local homeowners get the runaround on loan modifications” in my local paper this week, I decided to do a bit of snooping about the HAMP program. Fortunately the title company I use for my real estate deals has a very proactive website. It not only gives me the latest NOD [...]

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Commentary

Social Security And Compound Confusion

by Tom Koziol | August 21, 2009

Seal of the United States Social Security Admi...I didn’t know the particular piece of information you are about to read until I read an article in which the writer’s social security number was compromised by none other than the Social Security Administration. It all happened because U.S. Territories issue their own social security numbers and a U. S. agency had made a loan.

In fact, the Federated States of Micronesia, the Republic of the Marshall Islands and the Republic of Palau all have their own Social Security Administrations. The only difference between the numbers is the mainland issues 9 digit numbers and the Territories issue 8 or 7 (Palau) digit numbers.

The fun starts when one of these numbers is entered into a computer. It appears mainland computers are trained – programmed – to add a zero or two zeroes to fill in the eighth and ninth spot. But it doesn’t put the zero(s) at the end or what we would call the ninth number. It puts it/them first.

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Commentary

A Tax Free Retirement

by Tom Koziol | November 21, 2008

Doesn’t that sound dandy? Retiring with tax free dollars. Almost reads like a come-on from a certain East Coast based investment hustler. My friends, as of this writing if you own the product I am about to explain, you have a tax free retirement vehicle second to none. How you grow it determines how much [...]

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Blogs

If An Economy Crashed In The Woods And No One Cared, Would It Make A Sound?

by Richard Warren | March 31, 2008

Could you imagine driving by a bad car wreck without looking? Could you imagine other drivers whizzing by without gawking at the carnage? Neither can I. Yet, that is exactly what seems to be happening with the economy. Sure, everyone knows about the foreclosure mess and mortgage crisis because the news outlets feast on these [...]

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