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1 Presidential Candidate’s Radical Fix for Social Security
(By – Sean Williams) The Social Security program that your parents once knew will be changing sometime in the next 18 years, whether we want it to or not. What’s wrong with Social Security? The Old-Age, Survivors and Disability Insurance…
People need to know more about retirement funding
(Source – www.magnoliareporter.com) George Foreman, first famous as a world heavyweight championship boxer, then as a kitchen appliance guru, once said, “The question isn’t at what age I want to retire, it’s at what income.” “That statement is true for most workers,”…
Social Security recently launched its new blog, Social Security Matters
(By – Mickie Douglas, SS Public Affairs Specialist via www.heraldextra.com) Social Security recently launched its new blog, Social Security Matters. This is the new location for engaging with people by answering questions and concerns in a more sharable and interactive way. This…
Young Social Security Disability Awardees: Who They are and What They Do after Award
By – Yonatan Ben-Shalom and David C. Stapleton, Mathematica Policy Research, Inc. Abstract: A significant share of individuals who are first awarded Social Security benefits because of a disability is aged younger than 40. Using administrative data on young adults aged 18-39…
Can taxing pimps and prostitutes save Social Security?
(Source – money.cnn.com) Can taxing pimps, prostitutes and other underground economy dwellers really fix Social Security? Huckabee defended his support of the Fair Tax at the Republican debate on Thursday evening. Pushed by Americans For Fair Taxation, the tax reform proposal…
Are Baby Boomers too optimistic about retirement?
(By – Anne Fisher, fortune.com) If you’re a Baby Boomer within sight of age 65, you’re probably thinking about your next move—and it may well be a career change instead of a traditional kick-back-and-relax retirement. Among 1,005 Boomers who haven’t yet left…
Chris Christie And Mike Huckabee Exchange Blows On Social Security
(By – Daniel Marans, via www.msn.com) A question about Social Security during Thursday’s GOP debate sparked an extended debate between Gov. Chris Christie (R-N.J.) and former Arkansas Gov. Mike Huckabee about the country’s largest social insurance program. It has appeared as an…
Will Fixing Social Security Hurt Your Retirement?
(By – Casey Dowd, www.foxbusiness.com) The Old-Age and Survivors insurance (OASI) and the Disability Insurance (DI) together make up what is known as the Social Security Trust Funds. Our Social Security retirement benefits are paid from the OASI Trust Fund, while benefits…
Top 10 Reasons Why Women Love Social Security, Medicare and Medicaid
(By – Rep. Jan Schakowsky) This year marks the 50th anniversaries of Medicare and Medicaid and the 80th anniversary of Social Security. Fifty-seven percent of people on Medicare, 70 percent of adults on Medicaid and 56 percent of Social Security recipients…
There’s a glimmer of hope that the retirement system isn’t broken for good
(Source – www.marketwatch.com) When Ed Beltram took early retirement in 2001 from what was then Lucent Technologies, he seemed to be in good financial shape. The native Sooner and Oklahoma University grad had worked in communications for Lucent and its predecessor, Western…