Latest News
Social Security is a Primary Issue for Americans this November
Voting may be swayed by Social Security this November. There are many ideas of how to modify it. What do Harris and Trump say? Keith Speights for The Motley Fool explains here… Similar to many consulting organizations, the Association of…
Yearly Adjustments to Social Security
There are some standard built in changes that happen with Social Security every year: Benefits increase due to the COLA increases The amount needed to qualify for an earned credit increases The earnings limit, which is the amount you can…
Social Security: Beyond Retirement Benefits
Sometimes we forget that Social Security also provides survivor benefits for families. Tragically, when a young person dies and leaves young or disabled children the program helps support the family. Kathryn Anne Edwards for Bloomberg Opinion explains here…. The link provided…
H.R. 82 in the News…Sponsor Launches Discharge Petition
Shreveport-Times reports that Rep. Garret Graves (R-LA-6) has initiated action to take H.R. 82 (The Social Security Fairness Act of 2023 bill he introduced in January of 2023) to a floor vote. The Bill has been held in the House…
Social Security’s Over/Under Problem Hits a New Level
According to a post by moneywise reporter Chris Clark on finance.yahoo.com, Social Security’s cumulative tally of erroneous payments recently hit a milestone: $1 billion. The problem of incorrect payments is not new. It has been discussed in many media articles…
Commissioner Weighs in on Social Security problems
In a post yesterday on newsweek.com, Social Security commissioner Martin O’Malley made a case fo prioritization of steps to ward off two major problems facing the program: the looming funding crisis and the evolving customer service crisis. Stressing that “…staffing…
Social Security and Illegal Immigrants…What’s the Real Story
Allegations of attempts to provide Social Security benefits for illegal immigrants have created a bit of a firestorm at times, as noted in a post today on Washington.com by Eric Ruark. In reality, it’s a bit of a misnomer since…
The National Public Data breach and (perhaps) a positive outcome
Information about the NPD breach and the 272 million Social Security numbers now exposed to hackers has peppered the airwaves incessantly this week, with many reports focusing on ways to see who’s affected and how to deal with it you…
“Fixing” Social Security–A quick recap of some of the ideas being advanced
Money.com’s Pete Grieve, in a post on nasdaq.com, provides a quick summary of five of the ideas currently circulating among various proposals to address Social Security’s looming insolvency problem. As Grieve points out, public sentiment for resolving the matter “sooner…
Another Scary Headline!
Reflecting on the “Latest News” article posted here Tuesday, we find another headline likely to cause concern among seniors until they read it. The article is titled “Seniors Losing Nearly $400 Each Month in Social Security: Report” and outlines a…