Headlines
It’s important for women to understand the rules about Social Security benefits
Because women tend to live longer than men, it’s important to understand the rules about Social Security benefits. Of course, much of your final decision about Social Security will depend on your personal situation at the time of claiming. However,…
The Implications of Raising the Full Retirement Age
As legislators wrestle intermittently with the solvency issues facing Social Security, one of the fixes consistently getting attention is the raising of the full retirement age from 67 to, perhaps, 69. And while some arguments in favor of this move…
Workplace Savings Access–An “Easy Fix” to Long-Term Retirement Funding Crisis
Alicia Munnell, director of the Center for Retirement Research at Boston College, went on record recently with an assessment of optimism for the future of America’s retirement system. Citing the need for broader coverage of workers in savings plans, she suggested…
Realistically Evaluating Your Financial Readiness for Retirement
Approaching retirement can be an intimidating process for many folks. The Olympic Area Agency on Aging’s Director of information and assistance, Mark Harvey, understands this and deals with quite a few folks deliberating on their preparedness to take that step (or…
The Persistent Question: When Should I File for Benefits?
The AMAC Foundation’s Social Security Advisory Service has fielded early 9,000 individual requests for help since its January 2016 launch. And while many of the requests we’ve fielded deal with the complexities of Social Security’s myriad rules and regulations, like…
An Argument Against Raising the Full Retirement Age
Although one of the more popular recurring proposals to address Social Security’s solvency problem calls for increasing the full retirement age (FRA) from it’s current age 67 ceiling, this article by Money and Markets’ Eugene Townes presents an adverse view of this strategy.…
Social Security’s retirement age could go up. Change won’t be easy
Lorie Konish of CNBC provides an excellent overview of the debate on Social Security’s full retirement age, last changed in 1983. That year both parties came together to raise the age in two month increments from 65 to 67. It would…
Social Security Isn’t Doomed for Younger Generations
Tyler Cowen writing in Bloomberg dismisses the notion that younger folks will not receive Social Security. Cowen acknowledges the funding shortfall that will occur around 2034 with the program being incapable of paying out full, promised benefits. He cites respected researcher Charles Blahous of…
Social Security Serves Those Who Serve Our Nation
Nancy Altman, writing in Forbes, explains how the Social Security program is important to military veterans, mainly through the Disability portion of the program (SSDI). More than 600,000 veterans, many of whom were seriously injured in combat, receive Social Security disability…
A Bold Plan to Strengthen and Improve Social Security?
Dean Baker, co-director of the Center for Economic and Policy Research, gives a favorable review to The Social Security 2100 Act sponsored by Rep. John Larson (D-CT). The Act would raise payroll taxes and the amount of income subject to payroll tax in order…