Headlines
Senate Budget Committee Deliberates on Social Security’s Future
The Senate Budget Committee yesterday held a hearing focused on “Social Security: A Discussion on the Facts and the Path Forward.” Karen Glenn, Chief Actuary at the Social Security Administration, served as a panelist for the hearing, providing a snapshot…
High-end Social Security Benefits Coming Under Fire?
As anticipated, the rapidly approaching depletion of Social Security’s trust fund reserves is bringing a variety of viewpoints into focus. Wth just six years remaining on the countdown clock, it’s not unexpected that the pace of suggestions for fundamental program…
The AMAC SSG: How does it align with Social Security’s Purpose?
Social Security’s establishment 90 years ago followed the Great Depression and, as such, had a twofold purpose: to provide immediate assistance to destitute families in the wake of devastating financial losses in their retirement savings, and to create a long-term,…
Social Security Myths, and Misunderstandings
Social Security Myths are Pervasive In our efforts to explain Social Security to those who ask questions, it is often necessary for our Social Security Advisors to provide information contrary to the questioner’s understanding of how Social Security works. Some folks who write us possess what…
Social Security is six years from insolvency
We keep hearing that the phrase “Social Security Trust Fund insolvency” will happen soon. But most of us tune out the actual timeline of when it will happen. Social Security has six years left, according to the new report from…
What unretired workers need to know about Social Security
Are you part of the new “unretire” trend among older workers? According to the New School’s Schwartz Center for Economic Policy Analysis, 2.9 million workers between the ages of 55 and 70 have retired due to the pandemic. Following the…
What that earnings cap means for the Social Security trust fund
The Social Security tax rate is 6.2 percent, which is withheld from your paycheck; however, it applies only to the first $184,500 of your annual earnings for 2026. If you are self-employed, the Social Security portion of your self-employment tax…
The tax savings now could lead to greater costs later
In the 2025 Social Security Trustees report, the Old-Age and Survivors Insurance (OASI) Trust Fund (Social Security) will be able to pay 100 percent of total scheduled benefits until 2033; however, according to a projection from the Congressional Budget Office…
SSI Recipients Are Eligible for Discounted Internet Service Through the Lifeline Program
(Source: Social Security Administration) As more services move online, we recognize that accessing these services can sometimes be challenging for your clients. We want to share information about the Federal Communications Commission (FCC) and the Universal Service Administrative Company (USAC)…
Social Security Changes Aimed at Reducing Fraud
There have been many articles published about a recent announcement by the Social Security Administration requiring certain people to provide in-person proof of their identity. Many of the public media accounts have been misleading or confusing, sometimes written with a…