Headlines
Extra Security for Social Security
The Social Security Administration is adding an extra level of security to user’s online Social Security portal. This month each account will have a 2-step verification process in which a code will be needed alongside a password to log in.…
The Next Threat to 401(k)s
Baby Boomers are retiring at a greater and greater rate each coming year and will continue to ramp up over the course of the next several years. This means that they will be cashing in on their retirement plans. In…
Contradictions in Social Security Planning
The solvency issue facing Social Security is not just a threat to those with poor retirement savings. It is true that Social Security is not meant to be a complete replacement for pre-retirement earnings, but it goes a long way…
Alternate Investments for Social Security
The solvency of Social Security has been a hotly debated topic recently, and there are many different proposals on how to address this problem. Many solutions point to cuts in benefits or raised taxes, however one looks in a different…
Dan Weber Testifies Before the House Committee on the Budget
As part of the third and final installment of the House Committee on the Budget’s hearing series on Restoring the Trust for All Generations, Dan Weber was invited by Chairman Price (R-GA-06) to testify for and on behalf of the…
Supporting Retirement
We are entering a time in America where we will have for the first time fewer workers than retirees. This means that there will be more money being paid out of Social Security than there is going in to it,…
Added Security for My Social Security Accounts
Starting in August 2016, Social Security is adding a new step to protect your privacy as a my Social Security user. This new requirement is the result of an executive order for federal agencies to provide more secure authentication for their online services. Any…
Required Minimum Distributions for Boomers
Baby Boomers are quickly reaching the age in which they will have to start receiving Required Minimum Distributions from their retirement plans. This happens on April 1st of the year after the beneficiary reaches the age of 70.5 which is…
Future Projections of Social Security
One important statistic pertaining to the Social Security program is referred to as the 75-year deficit. The 75-year deficit is defined as how much the Social Security tax would have to increase in order to keep up with payments to…
The Most Recent Proposal for Social Security
Earlier this month Rep. Reid Ribble submitted his own take on insuring the future of Social Security. Ribble’s bill claims to shore up the solvency of Social Security for the next 75 years, adding about 60 years to the administration’s…