Headlines
Thoughts on Social Security Reform
The US Government Accountability office is submitting mock proposals to overhaul the system. As the programs funds continue to dwindle and no action is taken, the situation becomes worse. There are several options to consider. Read here… Similar to many…
Important News about your Social Security Account
The Social Security Administration announced in July that it will be required to change your Social Security Account to a login.gov account by the end of the year in order to continue to use it. If you have heard about…
WEP and GPO
When a worker has a job that does not pay into Social Security, but pays into a pension intead, that person is affected by the Windfall Elmination Provision on their own benefits and the Government Pension Offset on their spouse/survivor…
Presidential Hopefuls’ Perspectives on Social Security and Medicare
These two programs are important issues to consider when choosing how to vote. They are the income and health lifeline for many of our senior citizens. Read about it here… Similar to many consulting organizations, the Association of Mature American…
A Different COLA Perspective
The latest estimate projects a COLA increase of 2.57% in 2025, which is lower than it was in 2024. Of course, this is still an estimate and the actual number will be released in October. A smaller percentage could be…
Expert’s Social Security Advice to Gen Zers: “You Have Time to Plan”
In a report posted on nbclosangeles.com, CNBC’s Cheyenne DeVon suggests that millennials and Gen Zers harbor concerns that Social Security faces oblivion and that “… 40% think they ‘won’t get a dime’ of Social Security benefits.” She points to repetitive…
Challenging the “Earned Benefit” Definition of Social Security
Arguments and viewpoints on Social Security reform are increasing these days, and since we’re within a decade of the program’s financial flash point, that’s a good thing. Most who’ve been following this slow-moving train wreck are aware of the projected…
An Argument for Price Indexing as a Social Security Solution
Many proposals to address the Social Security solvency problem have been floated to Congress over the past few years, but they always seem to come back to the need to add revenue (tax increases) or reduce benefits as the only…
Social Security’s Reckoning: A Sobering Viewpoint on What Should be Emphasized
A quick look at political headlines today will show that the long-term financial problems facing our Social Security system are becoming more widely known. We’re in a less-than-decade window of when action must be taken—either corrective action or default action…
Exploring the Impact of the “No Tax on Social Security Benefits” Pledge
The 2024 Presidential Election cycle is in its closing weeks, and one issue that has received considerable attention is the question of taxation on Social Security benefits. From assessing payroll taxes on tip income to eliminating Social Security benefits from…