Headlines
H.R. 82 has reached the necessary signatures
The Social Security Fairness Act has reached the necessary 218 signatures required to force a vote on the bill. This bill will reverse the rules surrounding the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). These rules can…
Will the elections change your retirement plans?
With the presidential election less than two months away, most Americans are preparing for potential changes to their retirement plans, according to a new study by Wealth Enhancement Group LLC. Over half of unretired Americans fear inflation has postponed their…
The need for a “call to action” for Social Security
According to Social Security Commissioner Martin O’Malley, “Nearly 30,000 Americans died waiting for their Social Security benefit decision last year.” With more than 70 million Americans who rely on Social Security benefits each month and with half the staffing levels,…
Would Americans support lowering Social Security payments?
The Social Security Trustees project the Social Security Trust Fund will deplete its reserves by 2033; upon insolvency, all beneficiaries will face a 21 percent across-the-board benefit cut. The policymakers have only nine years until insolvency and must take action…
Is it a good idea to invest your Social Security in the markets?
Is retirement all about numbers, or are there more factors to consider when deciding at what age you should retire? Is it better to wait until age 70 to maximize your Social Security benefits, or take it early and invest…
Good News and Bad News concerning latest COLA update
The Cost of Living Adjustment for 2025 is a hot topic right now. Ahead of the actual announcement of the COLA increase percentage, there are many perspectives, thoughts and analysis of what that percentage may be. The latest update predicts…
Social Security Fairness Act
A legislative attempt to overthrow WEP/GPO is gaining momentum. Democrats are forcing a “discharge petition” for a vote on HR 82 The Social Security Fairness Act. This is possible if at least 218 congressional members back it. Andrew Solender for…
Today’s Hearing on Social Security
Commissioner for the Social Security Administration has concerns about the budget. He is in the middle of trying to resolve a staffing crisis so the agency can efficiently serve the needs of the American people. Others want to cut his…
Social Security: The insolvency problem & a balanced solution to it
What’s all this talk about Social Security’s problems all of a sudden? Why not just leave the program alone? Is Social Security going bankrupt? So what can be done? Are there pros and cons to each? Why not just raise…
Retirement Rules for people including one on Social Security
Addie Johnson Talbott has a piece here on the 14 rules for retirement. Those familiar with the topic will recognize much of the advice, namely that one should not plan to rely on Social Security to make ends meet. Alarmingly,…