Headlines
Social Security 2100 - Another Look at the Details
In an in-depth article today on nationalreview.com, American Enterprise Institute resident scholar Andrew Biggs analyzes the long-term implications of the recently-announced Social Security 2100 Act, challenging several of the Act’s benefit assumptions. Biggs examines how the retirement picture for the…
The Search for Public Policy to Aid Women in Retirement
The statistics are discouraging…women face an elevated risk of falling into poverty in their later years, and the causes are numerous. For example, women typically have more zero-earning years in their work records for Social Security benefit calculations, their income-earning…
The Social Security 2100 Act - A Look at the Details
The Social Security 2100 Act is now back in the limelight in Congress, with the apparent support of over 200 members of the Democrat-controlled House. And as The Motley Fool’s Sean Williams points out in an article titled “This Highly…
Social Security Trust Fund reserves grew slightly in 2018
Although the Trustee’s Report predicted last year that, for the first time since 1982, Social Security’s Trust Fund would be needed to pay full benefits starting in 2018, that turned out to be an incorrect forecast. - the Social Security…
Oh No!!!! Still another Social Security phone scam.
It seems to be relentless - the ends to which criminals will go to try and get at your money. Right on the heels of the scam where impersonators say your Social Security benefits are being suspended unless you pay…
A big issue for the 2020 election: Social Security
With a great deal of fanfare about the Social Security 2100 Act by Democrats in the new Congress, Social Security is receiving a lot of attention in the media these days. While passage of this bill as currently written is…
Waiting to claim benefits is often, but not always, a good choice
Most advisors will counsel that the longer you wait to claim Social Security, the more your benefit will be. And, provided it is permitted by health and financial status, this is wise counsel in most cases when talking about one’s…
What’s the real impact of claiming Social Security early? Or later?
The rules are pretty simple - if you claim Social Security before you reach your full retirement age you’ll get less; and if you wait until after your full retirement age you’ll get more (“full retirement age,” or “FRA,” is…
Social Security’s asset reserves explained
The Center on Budget and Policy Priorities finds that Social Security is responsible for keeping more than 22 million people out of poverty, including over 15 million seniors, whom the program is first and foremost designed to protect. No matter…
Working until 70 looks good on paper, but not everybody can work longer
A simplistic solution to the brewing U.S. retirement crisis is to get people to work until 70 before retiring and 85 percent will have the money they need for retirement. Alicia Munnell, director of Center for Retirement Research at Boston…