Headlines
Looming Retirement Crisis as Americans Struggle to Save
Nicole Goodkind of CNN explains the retirement-savings cliff in this piece. According to Bureau of Labor Statistics data, the number of U.S. workers in the labor market over the age of 75 is expected to nearly double over the next…
GOP warm to Social Security & Medicare reform this election year
Call it political suicide or a refreshing breath of honesty. But with entitlement spending accounting for most of the federal budget, hiding from reality appears to be no longer an option. Elizabeth Elkind of Fox News quotes a number of…
Raising the Retirement Age – More Info on That
Erik Sherman adds here to his previous piece last week in FORBES on what raising the Social Security retirement age actually means. Those who follow reform would tell you changes like this are inevitable. Sherman tackles a number of items…
A Quick Recap of What Candidates Biden and Trump Say About Social Security
Most recently, the Biden and Trump presidential campaigns appear to be marching in step concerning their plans for addressing Social Security’s financial problems. Simply put, both have advocated for a “hands-off” approach, although both have also vowed to “protect” the…
Social Security Reform: Debunking the Fear Mongering Following the RSC Proposal
Rumors and speculation about the Social Security intentions behind the Republican Study Committee’s (RSC) Fiscal Year 2025 Budget proposal–titled “Fiscal Sanity to Save America”–have blossomed in the days following its release last week. Labeling the fast-moving rhetoric as “a lot…
Adjusting the Retirement Age: Extreme or Sensible? One viewpoint.
The debate over how best to address Social Security’s looming catastrophe is raging again. No surprise there, since it’s a presidential election year and that means pretty much any specific suggestion to address the problem acquires polar opposite viewpoints. A…
The Retirement Age Debate: Battle Lines are Continuing to be Drawn
In the days since last week’s release of the Republican Study Committee’s (RSC) Fiscal Year 2025 Budget proposal–titled “Fiscal Sanity to Save America”–the airwaves have been alive with commentary on the future of Social Security. One of the more significant…
Tax Policy and Social Security’s Future–Two Closely-Tied Topics
Earlier this month, the White House presented its Fact Sheet on the proposed budget, part of which focuses on the premise that the spending plan Makes Wealthy People Pay Their Fair Share. Since the issue of taxation typically emerges in…
Understanding Social Security Disability
Navigating the treacherous terrain of Social Security Disability Insurance (SSDI) can be quite intimidating – unless, of course, you learn how the program works. While eligibility criteria are stringent, if you are truly disabled and have earned at least the…
Bi-Partisan “Save Our Seniors” said to protect Social Security
A bi-partisan trio of U.S. Senators have collaborated to introduce the “Save Our Seniors Act,” intended to keep Social Security’s true financial status front and center in Congress. Companion legislation has also been introduced in the House of Representatives. Fact…