Headlines
Preserve and Modernize Social Security says AMAC
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Social Security’s long term problems will confront a President Biden and the next Congress whether either likes it or not. AMAC believes the promise to guarantee Social Security for all Americans must be kept. Our goal since first introducing our…
Liberal Advocacy Group Urges Biden to ‘Clean House’ at Social Security
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Erich Wagner, writing on GovExec.com summarizes a number of proposals coming out of the liberal advocacy group, Social Security Works. The group has long advocated expansion of Social Security and Medicare despite the fact that both programs need reform, as…
Social Security actuaries update projections for COVID-19
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When the Social Security Trustees released its yearly report on the program’s financial health last April, it made clear that the outlook did not take into account the Covid-19 pandemic. Various commentators have suggested that the insolvency date might move…
Is the Social Security Administration preparing to bar 500,000 Americans from getting benefits?
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David A. Weaver, Ph.D., is an economist and retired federal employee who has authored a number of studies on Social Security. Writing in The Hill, Weaver speaks out against a Social Security Administration (SSA) proposed rule change that would make it…
Medicare Premium Deductions and Social Security Benefits Explained
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Medicare and Social Security are separate and distinct federal programs, each with a dedicated revenue stream from different parts of a combined 15.3% payroll tax levied on workers and employers. But Medicare recipients also pay premiums. This very comprehensive piece by Healthline.com…
Got A Gripe About Social Security? Read This
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Ever the entertaining writer, retired Social Security employee and current columnist Tom Margenau has some thoughts about those who gripe about Social Security being incompetent and deceptive. Often, something done by Social Security which appears stupid to a beneficiary, is done intentionally…
Enrolling in Medicare Part B When Your Employer Coverage Ends
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Medicare Part B, which is insurance coverage for doctors and other outpatient services, can be deferred past age 65 if you have other “creditable” healthcare coverage – for example from your employer. Having “creditable” alternative coverage after age 65 is what prevents…
Social Security’s Investments – How long will they last?
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The number of Social Security beneficiaries continues to grow each year, outpacing the rate at which new workers are entering the American workforce. And since payroll taxes from American workers are Social Security’s primary source of revenue, the program’s payroll tax revenue has…
How the “Hold Harmless” Provision Protects Your SS benefit
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The “hold harmless” provision is a special consideration given to Social Security recipients which prevents their Social Security payment from going down as a result of an increase in the standard monthly Medicare premium. This special provision essentially rules that even if…
Social Security Disability Insurance, and Private Disability Insurance: A Primer
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It’s a reality of life that about 1 in every 4 American workers will, at some point in their life, become disabled. As frightening as that may sound, disability insurance will greatly help to sustaining disabled workers in their time of…