Taxation of Social Security Benefits

The guidelines around the income levels that tax Social Security benefits has not changed for decades. As COLA increases income this means more and more retirees have to pay tax on their benefits. Trump wants to eliminate taxes on Social…

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Should Social Security look more like Australia’s Retirement Plan?

There are many ideas out there about reforming Social Security. BlackRock CEO Larry Fink suggests looking at how Australia does it. Employers contribute 11.5% to each employees “superannuation” account. Employees have the option to contribute. Employees decide how their fund…

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Reflections on Joe Biden’s First Post-Presidency Speech

Former President Joe Biden took to the stage in Chicago at the national conference of Advocates, Counselors and Representatives for the Disabled on April 15th. In his first speech since leaving office he railed against the Trump administration’s handling of…

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Removing Social Security from Taxable Income could Affect Insolvency Date

The Social Security Trust Fund is due to run dry in the mid-2030s. This situation has already been exacerbated by the passage of the Fairness Act in January 2025, which moved the insolvency date up six months. President Trump would…

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SSA Making Processing Claims Safer

Social Security recently announced required in person identity proof for those applying by telephone. There was such a reaction from the public, especially concerning elderly or disabled persons difficulty in getting to an office, that the policy has been modified…

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“Ask Rusty – Will My Social Security Increase if I Keep Working After Applying?”

Dear Rusty: I am going to be 67 in a few weeks & I plan on working for another year or two. According to Social Security, they count the best 35 years to come up with your benefit. I currently…

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