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Newspaper
Country Today
Location
Eau Claire, Wisconsin, United States of America
Date
Dec 04, 1985
Page
11
The article explains new 1986 earnings limits for Social Security recipients under 70, with $7,800 for ages 65 to 69 and $5,760 for under 65. It details which income counts, how benefits are reduced, monthly retirement rules, and the April 15 filing requirement for 1985 earnings. It cautions about required annual earnings reports and potential overpayments.
In a November meeting the Farm Credit Services District board announced a two part policy to reduce foreclosures. If a farmer misses principal payments but stays current on interest and maintains communication foreclosure will not be started. Farmers are urged to work with professional counselors or mediators and foreclosures will not proceed while efforts toward agreeable solutions with counselors continue.
The Country Today lauds WMMB coverage noting 1984 dairy sales up 3 percent from 1983 with cheese and butter higher, fluid milk down slightly. Lowfat milk rises while whole milk declines. USDA foresees 1985 gains of about 1.3 percent and 1986 up to 3 percent. WMMB president Dowaine Giraud adds thanks and ongoing questions welcome.
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