Our Company News
Social Security and the Government Shutdown
The partial government shutdown drags on and on. Some government employees have been furloughed, and certain government services are currently unavailable. Not so for Social Security. The shutdown has had no impact on Social Security or disability checks. “There is no...
Celebrating the Yule at Security Mutual!
Although stores have been promoting the December holidays since before Halloween, the Yuletide Season didn’t officially begin until Friday, December 21. And on that day at 12 noon, Security Mutual employees enthusiastically welcomed the Yule with an event that has...
Holiday Giving Program Helps Local Children
Security Mutual employees teamed up to spread holiday cheer to Greater Binghamton children in need by supporting the Salvation Army’s Angel Tree Giving Program. This annual charitable giving tradition helps provide toys, hats, gloves, blankets and more to local...
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...