Headlines
“Tax the Rich” viewed as a panacea by some – but will it save Social Security?
Each year, the amount of earnings subject to Social Security payroll tax inexorably increases, causing affluent Americans to pay even more into the Social Security program. To illustrate, the so-called “taxable maximum” for Social Security has increased from $142,600 just…
Happy Labor Day!!
Labor Day is known as the end-of-summer – a time that began on Memorial Day earlier in the year. This year, as with all other’s, summer is bracketed by these two national holidays. But rather then viewing Labor Day as…
The Social Security Reform Debate Rages On!
The search for a pathway to resolution of Social Security’s looming financial insolvency continued this week. Evidence of this can be seen in AEI’s “This Week in Policy” post, which summarizes several key positions in the debate over the program’s…
Sen. Cassidy on Social Security: “We really do need to fix it!”
Sen. Bill Cassidy (R-LA), whose term ends January 3, 2027, has been outspoken about the need for Social Security reform and has advanced specific legislative proposals to address the looming insolvency. In a brief—less than a minute—Fox Business video clip…
AMAC Foundation’s Social Security Report
Since the Social Security Board of Trustees released its 2026 annual report to Congress and the President, it’s fair to say there’s been a substantial increase in interest in the unraveling financial stability of this 91-year-old senior support system. The…
A Collection of Viewpoints About Social Security’s Insolvency
If there’s one thing that’s a consensus, it’s that there’s no consensus on either the severity of Social Security’s financial problems or the path to correcting the imbalance. A somewhat lighthearted post by NewsOne’s Joe Jurado on their website, however,…
Medicare coverage outside the U.S. is limited.
In most situations, Medicare won’t pay for health care or supplies you get outside the U.S. The term “outside the U.S.” means anywhere other than the 50 states of the U.S., the District of Columbia, Puerto Rico, the U.S. Virgin…
Another Warning on the Use of Debt to Address Insolvency
Social Security’s looming insolvency is causing a stir in Washington, with Congress beginning to wake up to what could happen in about six years. Of course, as everyone knows, the recent news of an accelerated insolvency date is not “news”…
Social Security Benefits and Income Taxes–An Indepth Explanation
At this point, it’s pretty well understood that the 2025 “One Big Beautiful Bill Act” provided a “bonus” income tax deduction intended to offset (for most seniors) the impact of federal income tax levied on Social Security benefits. It’s also…
Survey: Retirement Benefits and Worker Retention Linked
It’s no secret that traditional defined benefit plans are largely a thing of the past and that individual wealth-building poses significant challenges for many future retirees. With this as a backdrop, it’s no wonder that the results of a Prudential…