Headlines
Social Security’s Looming Insolvency Brings Old Myths to the Surface
The June 9 release of the 2026 Social Security Trustees Report has sparked the usual wave of reaction in the media, although this year it seems more folks are waking up to the fact that, in about six years, the…
Happy 4th of July Weekend!
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator, with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” — The Declaration of Independence…
Fixing Social Security will leave a lot of people unhappy
According to the most recent Trustees Report, the OASI trust fund is expected to exhaust its reserves by the end of 2032. At that time, if government officials do not act, Social Security recipients could face a 22 percent benefit…
Raising the Taxable Maximum Won’t Save Social Security
On June 9, the Social Security Administration released its annual trustees report, which found that America’s most important support program for seniors is facing an accelerating insolvency crisis. The report specifically noted a three-month forward shift in the anticipated insolvency date to…
Calls for a bipartisan commission on Social Security
During the Senate Finance Subcommittee on Social Security, Pensions, and Family Policy’s meeting held on June 24th, the committee heard from politicians on both sides of the aisle and experts in economics, small businesses, and Social Security, calling for congressional…
“Retirement Security” – For Your Dependents Too!
Building a nest egg for retirement is crucial, but Social Security (SS) will also play a big part in nearly everyone’s retirement planning. So, during that retirement planning process, don’t forget to consider your dependents, because the point at which you claim SS has a profound effect on your dependents as well.…
Social Security Insolvency and the Effects of Lawmaker Procrastination
Social Security’s financial plight is quickly becoming a source of widespread media conjecture, and analysis from sources well-tuned to the program’s nuances makes it increasingly clear that a crisis is ahead for a large portion of America’s senior population. What’s…
Social Security’s Taxable Maximum Drawing Congressional Attention
As the clock ticks toward a late-2032 financial catastrophe for America’s seniors, the rhetoric over what to do about the problem is also heating up. Evidence of this heightened interest surfaced earlier this week, with Senators Elizabeth Warren (D –…
The 2026 Trustees Report: Challenging the “Optimistic” Assumptions
The June 9 release of the 2026 OASDI Trustees Report confirmed what was already known…Social Security’s financial position is worsening. Given the increasing volume of warnings from the trustees over the past decade, coupled with the growing concerns expressed by…
Could raising or eliminating the tax cap fix Social Security?
The Current Population Survey conducted in 2025 found that 24 percent of Americans aged 65 and over reported receiving 90 percent or more of their income from Social Security. As Social Security is a primary source of income for so…