Latest News
Half of People Near Retirement Have No Savings
(By – Gail MarksJarvis, Chicago Tribune) Half of U.S. households headed by a person 55 and over haven’t stashed away any retirement savings. And while old-style pensions will help some of them put food on the table, 29 percent of such…
Social Security: From Typewriters to Megabytes, Social Security Evolving
(By – Ray Vigil, Social Security Public Affairs Specialist) The first typewriter to be commercially successful was invented on June 23, 1868. One hundred years later, Social Security still used the same technology to type Social Security cards, envelopes, forms,…
How Social Security Benefits Are Calculated, and the Cost of Early Retirement
(By – Matthew Frankel) Unlike many retirement programs, such as pensions, Social Security is not calculated by applying a formula to your last few years’ earnings. What many people don’t understand is that Social Security takes decades of earnings into…
Bernie Sanders Wants Wealthy to Pay for Social Security Expansion
(By – Clinton Gillespie) Half of the country, 165 million Americans, accept Social Security in some form. Therefore, reforming the nearly bankrupt wealth transfer program is never popular among politicians. But Bernie Sanders, a socialist Senator from Vermont who is running…
Social Security Crisis in Brazil: The Need for True Reform That Will Change the Country
(By – Arthur Pinheiro Machado) The Brazilian Congress is facing a crisis. It knows it must approve tax adjustments and reforms proposed by Finance Minister Joaquim Levy, however members also fear making unpopular decisions during municipal elections, which are slated…
Hal Rogers: Social Security Disability Payments Restored for Hundreds in E. Ky
(By – Kentucky Press Association Co-op) The federal government will restore Social Security disability payments to hundreds of people in Eastern Kentucky whose checks were suspended pending a review of their eligibility, easing fears of economic ruin for many families….[U.S.…
Sterling Raskie: Should You Delay Retirement?
(By – Sterling Raskie) If you’re fortunate enough to look forward to a company or state pension, retiring as soon as possible and collecting the benefit may tempt you, or you might want to collect Social Security benefits at the…
Social Security Announces New Online Service for Replacement Medicare Cards
(Source – moultrienews.com) The Social Security Administration introduced the expansion of online services available through its my Social Security portal available at www.socialsecurity.gov/myaccount. Carolyn W. Colvin, Acting Commissioner of Social Security, announced that Medicare beneficiaries can now obtain a replacement…
The Most Popular Ages to Sign Up for Social Security
Here’s how your retirement benefit changes depending on the age you claim it. (By – Emily Brandon) You can sign up for Social Security at any time after age 62. However, your monthly payments will be larger for each month…
The Social Security Trustees’ Respectable Projection Record (Part 1)
(By – Charles Blahous) For the last four years I have had the honor of serving as one of Social Security’s two public trustees (along with former CBO Director Robert D. Reischauer), co-authoring the annual trustees’ reports…. It is inevitable…