Headlines
Social Security & Reform: Can we tax our way to a solution?
In this very comprehensive analysis, Dan Caplinger of The Motley Fool takes a hard look at how Social Security is currently funded and what it would take to address the solvency issue solely by adjusting its taxes. Caplinger notes the…
“Looting” Social Security’s Trust Fund Dead Wrong and an Obstacle to Reform
John Attarian is a freelance writer who has completed a book on Social Security. In this piece, Attarian takes on the persistent myth of the Social Security Trust Fund, producing a thorough history of Social Security. As he notes, there is no trust fund,…
Surprise! Your Social Security Benefits May be Taxed
For many folks entering the retirement world with an understanding of what their monthly Social Security benefit payment–the benefit they’ve earned through a lifetime of work and FICA tax contribution–will be, it comes as a surprise at tax time to…
Bill Introduced to Eradicate Current Social Security Windfall Elimination Provision (WEP)
(Source: House Ways and Means Committee Press Release) Brady, Neal Introduce Legislation to Ensure Equal Treatment for Teachers, Firefighters, Police Officers, and Other Public Servants When It Comes to Social Security Washington, D.C. – This week, House Ways and Means Committee Chairman…
Indirectly Addressing Social Security’s Woes
In Late August, House Ways and Means Committee Chairman Kevin Brady (R-TX) praised the 1.6 million jobs created this year and the highest level of wage gains since 2009, largely attributing these factors as evidence of the efforts underway in the current…
Retirement–Preparing for the Long Haul
Planning the financial side of retirement life is a challenge–no doubt about that! The unknowns can cause the serious planners to lose sleep at night, and sometimes the simple truth that one may not even know what one doesn’t know…
When to Collect Benefits?–Not A Simple Question
Juts like the calendar, the Baby Boom Generation continues to march relentlessly forward in time, with a large portion of this population group now finding themselves in their mid-50s and starting to think about Social Security. While it’s still a few…
Expand a Program Headed for Insolvency?
(By: Jeff Szymanski, Association of Mature American Citizens) Who would spend more money on something that, in the absence of reform, will be insolvent in just over a decade? Answer—’The Left’ of course. That is just what 150 Democrat members…
Addressing the Solvency Issue–A Cause and Effect Discussion
Political analysts Yuval Levin and James C. Capretta, in a post today on The Weekly Standard, take aim at America’s deteriorating financial situation, at the core of which they assert is the steadily growing federal deficit and it’s projected 10-year…
The evolution of Social Security’s “Earnings Limit”
When the Social Security program was first enacted in 1935, the rules said that a worker needed to be at least 65 years of age before they could collect benefits and, if they worked and earned any amount of wages…