Social Security Payroll Tax Cut Now in the News

Even as the talk of an increase in the Social Security Tax rate (also popularly known as FICA tax) to fund the program expansion advocated by H.R. 860 (The Social Security 2100 Act) unfolds in Congress, conversation has emerged in…

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The Myth Goes on: Millennials Believe Social Security Will Disappear

As NerdWallet’s Liz Weston trumpets in the opening of her article posted today on, “Few issues unite millennials like the future of Social Security. Overwhelmingly, they’re convinced it doesn’t have one.” Ms. Weston cites the results of a recent Transamerica survey…

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Another Major Reason to Get Serious About Reforming Social Security

It’s called “the graying of America,” and it’s certainly no secret to most of us. As a population, we’re aging. Just five years ago, 14% of us were aged 65 and older, and that demographic segment is projected to reach nearly…

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Social Security & Millennials

Millenials are known for having little faith in one day getting Social Security.  Strangely, that may not be such a bad view if it motivates that generation to save more for retirement, so say the financial experts.  In reality the program will…

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Op-Ed: Social Security needs a tune-up

Nancy Altman, president of Social Security Works and chairwoman of the Strengthen Social Security coalition, wrote an op-ed in the Los Angeles Times calling on Congress to act to address Social Security’s projected shortfall.  It’s been 36 years since the last…

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“Ask Rusty – About Medicare and Social Security”

Dear Rusty: I know that when a person turns 65 he or she must enroll in Medicare. I have been informed that the charge for this would be deducted from the Social Security benefit, if it has been claimed. Otherwise,…

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