Headlines
A Timeline Clarification for Millennials–Preparing for the Future of Social Security
Social Security’s impending solvency crisis has been in the news quite a bit in recent months and, unfortunately, much of the media accounts have created a misunderstanding of what’s really in the cards for this critical senior support program. Specifically,…
Candidate Haley Advocates for Retirement Age Setbacks, Benefit Trimming for the Wealthy
The long road to the 2024 presidential election is now being traveled by a host of hopefuls, so it’s logical to expect an outpouring of viewpoints on key issues and, equally logical, to expect Social Security reform to be one…
Four Principles Designed to Salvage Social Security for the Long-Term
The solvency dilemma Social Security faces has gotten some attention in the early days of the 118th Congress, but despite the urgency–full depletion of the program’s reserves is less than a decade away–proposals to ward off a catastrophe haven’t gotten…
A Blunt Perspective on Social Security and Medicare
With Social Security and Medicare so prominent in the news these days, viewpoints on what the future will bring for these massive senior benefit programs are as varied as they are frequent. Yesterday afternoon, for example, TV host and syndicated…
Social Security’s $8.6 Billion Accounts Receivable Problem
Yesterday, in a Latest News post on this site, we provided a link to an article describing staffing and budget issues at the Social Security Administration and their impact on client service levels at the agency. Today, we explore an…
Debt Ceiling Agreement Reached, But It’s Not Over Yet
President Joe Biden and House Speaker Kevin McCarthy have reached an agreement in their negotiations to resolve the debt crisis. That’s the good news. On the flip side, though, the road ahead to obtain approval in Congress appears to have…
Memorial Day Message – Honor
Continuing with our Memorial Day thoughts, today’s Headline features a stirring tribute by our friend, Robert (Bobby) Charles, to those heroes honored at Arlington National Cemetery. His opening paragraph sets a tone one can describe as emotional, heart-rending…even inspirational. “Honor. Honor…
A Break from Reporting the News
On this Memorial Day Weekend, we’re departing momentarily from channeling Social Security and retirement news, instead sharing with you a moving version of Lee Greewood’s signature piece, “God Bess the U.S.A.” First recorded in 1984, the song has captured the…
“Kicking the Can” Would Lead to a Missed Opportunity for Social Security Modernization
Social Security’s trajectory toward insolvency has been a known fact for decades. Since the 1990s, the program trustees’ annual report to Congress has cited the impending depletion of program reserves, with each report projecting the expected year of full depletion…
Default Effects: Oldest and Poorest Social Security Beneficiaries in the Crosshairs
As the negotiations grind relentlessly toward a June 1 deadline, anxiety is building in the senior community regarding just what will happen should the U.S. Treasury enter default status. Amid conflicting commentary on whether or not an agreement can be…