Headlines
DOGE and Social Security Savings: Clarifying the Possibilities
The airwaves and wires are aflame with projections about the dollars that can be cut from Social Security, Medicare, and Medicaid spending through uncovering fraud, waste, and abuse. Recent DOGE estimates are that perhaps $700 billion in spending can be…
President Trump’s Key Short-Term Target Areas for Social Security
Social Security is getting its fair share of attention as the Department of Government Efficiency (DOGE) continues toward its goal of cutting federal spending, specifically focusing on identifying and eliminating fraud, waste, and abuse in government programs. While this attention…
Government Spending Bill at Critical Point in Congress—How Would Social Security Fare?
Voting on the “Full-Year Continuing Appropriations and Extensions Act, 2025” is expected to commence in the House of Representatives today, followed by a Senate vote if it successfully passes the House vote. Described as “a stopgap measure to prevent a…
Renewed Emphasis on Overpayment Recovery Announced
Social Security Administration Acting Commissioner Lee Dudek yesterday announced a return to a previously abandoned agency policy on the recovery of overpayments. Beginning later this month, new overpayment cases will be subject to a default overpayment withholding rate of 100%…
What’s This About a Ponzi Scheme?
Social Security is old age insurance, nothing more. It is being compared to a ponzi scheme because it takes money from new contributors which is then paid to old ones. It’s important to understand why Social Security is not a…
Social Security Working on Correcting it’s Records
Social Security is making progress on updating and correcting it’s database so it will contain accurate and complete records. The agency keeps a historical record of anyone who has ever applied for or received benefits. Over the years the many…
HR 82 Retroactive Payments Being Processed
In support of HR82 the Social Security Fairness Act, the Social Security administration has begun processing retroactive payments to over 3.2 million people who had offsets to their benefits because of the Windfall Elimination Provision (WEP) and Government Pension Offset…
Does Trump’s Plan to end Taxes on Social Security Benefits Make Sense?
Income taxes paid on Social Security benefits are an important source of revenue for the Social Security Trust Fund. As much as President Trump would like to alleviate this burden on Social Security recipients, Social Security can not afford to…
Options for Social Security Employees
Amid implementation of agency-wide organizational restructuring, Social Security employees received notifications of options to decide if they want to stay with the agency or leave. They can choose voluntary reassignments, voluntary separation or early retirement. There are also financial incentives…
Seven tips for women to take charge of their finances.
The Social Security program is vitally important to all Americans; however, it is essential to the financial security of women. Women live longer than men, which increases the risk that women may outlive their savings or that their pensions may…