Headlines
Support Expressed for Bipartisan Fiscal Commission
As Social Security’s long-term financial situation continues on a downward spiral, the possibility of a bipartisan commission addressing the country’s nagging–and growing–debt problem continues to show only limited movement. In fact, with no members selected to lead–or participate in–the effort,…
Floor Vote on H.R. 82 (WEP/GPO Repeal) Likely for November
The bipartisan discharge petition initiated by Rep. Garret Graves, R-La, and Rep. Abigal Spanberger, D-Va, has achieved the required number of signatures to force a floor vote. The Bill, titled “Social Security Fairness Act of 2023,” would, if passed, repeal…
Retirement in the 2020s: “Unretirement” Has Reached Phenomenon Status
For most folks, retiring from a regular job, whatever the reason, is generally considered a “full stop” milestone. Shifting from the everyday working environment to a life of leisure was seen as a change to a new lifestyle with fewer…
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…