Latest News
What is the Average Social Security Benefit?
Selena Maranjian for The Motley Fool explains the average Social Security benefit over the years and why it is important to develop other streams of retirement income. Read here… As an example of the leading thoughts on reforming Social Security,…
Only 9 States Still tax Social Security Benefits
Stefan Walters for The Motley Fool explains that although Social Security may be subject to Federal Income Tax, there are 41 states that do not tax Social Security benefits. More states are getting rid of state income tax on Social…
New Debate on Social Security’s Trust Funds. How exactly is Social Security financed?
Lorie Konish for CNBC points out that new leadership in Washington will be taking on the dilemma of how to fix the program. Senator Mike Lee of Utah renewed questions on how the program is funded. Lee criticized the way…
Bisignano selected to head the Social Security Administration
Trump has requested Frank Bisignano to head the Social Security Administration. Frank is presently head of the Wisconsin-based payment and financial technology company Fiserv Inc. Lawrence Andrea for the Milwaukee Journal Sentinel quotes Trump as saying “”Frank is a business…
Use of Social Security Number Rules May Change
The Consumer Financial Protection Bureau (CFPB) has proposed a regulation that would stop data brokers from selling Social Security numbers and other personal information. The new rule would subject them to oversight under the Fair Credit Reporting Act (FCRA). Aliss…
Decisions Need to be Made on Social Security, Medicaid, Medicare
This article by Juliann Ventura for The Hill explores the possibility of cuts to what he calls “social welfare programs”. Democrats need to be in on the discussion regarding how to save billions of dollars. He suggests we know the…
Changes to Tax Policy can Help Shore Up Social Security
This article by Andrew Leahey for Drexel university School of Law discusses ways to make up for the Social Security shortfall. Per his prospective raising taxes on upper income earners and including investment income to expand the Social Security tax…
Beware of Scams
By Lizbeth Portalatin-Perez for SSA Talks on December 2,22024 A Social Security Matters blog features how to recognize and report scams. Kate Kleinert tells her personal story as a warning to others. Also included is commentary from Rebecca Rose, a…
An Interesting View of Universal Basic Income
By John Tammy on December 3, 2024 for Forbes One author’s take on the relationship between Social Security and Universal Basic Income. For the most part, UBI is seen as a bad thing, not because people may decrease work, but…
Alternatives to Social Security “Fearmongering”
by Jeannine Mancini for Benzinga on December 2, 2024 People tend to panic over headlines dramatically pointing out that Social Security is potentially running out of money. Instead of worrying about a worst-case scenario, how about focusing on making better…