Headlines
What Every Candidate for Federal Office SHOULD Say About Social Security
Everyone’s Social Security benefits are going to be cut 20% or more in just over a decade, from the 95-year old widow eating tuna out of a can to the checks received by the likes of the Bezos, Trumps, and Bloombergs of…
Democrats spar and Trump weighs in on Social Security
It’s been the third rail of politics for a long time– “touch it and you die.” The “it” is Social Security and even Medicare. The Washington Post dives into the continuing back and forth between Bernie Sanders and Joe Biden…
Which Joe Biden will fix what ails Social Security?
“When I argued that we should freeze federal spending, I meant Social Security as well.” So said Joe Biden– in 1995. He’s not getting much love in a Democrat primary, especially from Socialist Bernie Sanders, for taking that courageous view of the…
Which Democrat is most committed to protecting Social Security?
Paul Waldman’s op-ed in The Washington Post takes readers through the positions of the Democrat candidates on Social Security. They are more similar than different, in that nearly all favor tax and benefit increases of some nature. All also oppose…
Social Security & The Presidential Candidates
Precious little has been said on the campaign trail about Social Security this season, and the debate moderators have shied away from questions on the topic. This MarketWatch piece by Alessandra Malita provides a comprehensive overview and summary on where the…
A Retirement Savings “Wake Up Call”
The lack of adequate savings, at least by some measures, so often reported in the media takes center stage in a TD Ameritrade study released earlier this month. In summary, the study’s results point to more than half (53%) of participants…
A “Treacherous Path” Ahead for Retirement Security, Says NIRS
The continuing evaporation of company-sponsored defined benefit pension plans and a general lack of savings across many segments of the population point to the traditional “three-legged stool” of retirement financing as becoming extinct. And with Social Security itself designed to replace…
Spotlighting the Inadequacy of Social Security’s COLA
Against a statistical backdrop that shows the gulf between the growth rate of Social Security’s cost-of-living adjustments (COLA) and the growth rate for Medicare premiums (hint: the latter paces the former by about 3 to 1), The Senior Citizens League (TSCL) calls for a…
No Social Security for Illegal Aliens Act of 2020 (HR5577)
Observing that “The prospect of ‘free’ government services and benefits is a giant magnet for illegal aliens,” Rep. Mo Brooks, R-Alabama introduced the “No Social Security for Illegal Aliens Act of 2020” (HR 5577) in the 116th Congress on January 10, 2020.…
Dispelling the Social Security Bankruptcy Myth
You’ve heard us say it time and time again, and we’ll continue to explain it to the many, many folks who contact our Social Security Advisory Service: Social Security is not going bankrupt! But don’t let that basic fact lull you…