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POLL: Woke ideology vs. Social Security Cuts
Erin Doherty of Axios reports on results of a new Wall Street Journal poll out today showing that fighting “woke” ideology in schools and businesses is more important to most Republican primary voters than protecting Medicare and Social Security from cuts. It’s interesting…
The Bidens’ Social Security Take in 2022
The president and first lady file a joint federal tax return, so any individual earnings on Social Security aren’t easy to extract from the public filing of their 1040 form for 2022. Sean Williams looks at the return and puts…
Are the Perils of “Wokeness” Overshadowing Concerns for Social Security?
Good question. A poll of Republican primary voters conducted by Wall Street Journal during the week of April 11-17, 2023 suggests that might be the case, with more than half of the participants suggesting that “Fighting woke ideology in our…
A Generation-by-Generation Analysis of Beneficiaries’ Expectations
The drums are beating loudly these days on the issue of Social Security’s long-term financial future, with a steady stream of pundits weighing in on what’s likely to happen. But aside from the constant flow of articles posing suggestions for…
Some Contingency Planning Advice for Future Social Security Beneficiaries
If you’ve been watching the news, and especially the barrage of articles since the March 31 release of the 2023 Social Security Trustees Report, you probably are acquiring an understanding of the scope of Social Security’s financial troubles. One school…
Peterson Foundation: Sidestepping Social Security & Medicare Reform “Not an Option”
New York City-based Peter G. Peterson Foundation recently issued a statement addressing views on the debt ceiling proposals emerging from House Republican leadership and the bipartisan Problem Solvers Caucus. While citing encourgagement that the proposals offer “… fiscal reforms that…
Retirement Goals and Reality–A Grim Picture for Many
A significant slice of the Baby Boom Generation is way behind the curve in terms of saving for retirement, according to a newly-released study from Credit Karma. The financial services firm reports that, according to its survey, “… (a)bout 27%…
For Millennials: Here’s What You Need to Know About the Social Security Solvency Dilemma
It’s getting a fair amount of publicity these days, and that’s expected to continue growing as the slow-moving train wreck head toward the point of insolvency–in less than a decade. The Millennial cohort–generally considered to encompass those born from the…
The Surge in COLA This Year Brought With It a Surge in Scammer Activity
Anthony Monaco, Special Agent in Charge of the Major Case Unit at the Social Security Administration’s Office of the Inspector General, reports that their office has seen an upsurge in scammer complaints as a result of January’s extraordinary cost-of-living adjustment. The…
The “When to File” Question and its Implications
In a post on myfederalretirement.com, Certified Financial Planner Edward A. Zurndorfer provides detailed assessment of the key factors associated with the “when to file” question. Although his post is offered for the benefit of federal employees, the explanations and parameters…