Latest News
Solving the Social Security Funding Dilemma
Social Security is a vital component of the American safety net. Without Social Security many retired and disabled workers –as well as survivors and dependents – would be without a source of steady income. However, Social Security is on an unsustainable…
Drop in disability rolls adds to signs of U.S. labor market recovery
The number of Americans on disability has declined for six months in a row in a sharp turnaround after years of increases, more evidence of the labor market recovery the Federal Reserve wants to see before nudging interest rates higher. Social…
Senators Ask for Examination on Garnishment of Social Security Related to Student Loan Debt
The top Democrat on the Senate Aging Committee this week asked the Government Accountability Office to conduct a study on the effects on senior households of garnishing Social Security benefits to recoup federal student loan debt. Sen. Claire McCaskill of Missouri…
Keeping Tabs on Your Social Security Benefits
To keep abreast of what your benefits will likely be when you reach certain milestone ages, Social Security provides a statement that lists your earnings history by year and likely benefits under various scenarios. The statement, available for those 18…
Nation reaches Tax Freedom Day
Puffs: For all of us who were busy on Friday, were you aware that it was actually Tax Freedom Day? On the average, Americans have earned enough money to pay off their total tax bills for the year, which includes the…
Updated Disability Insurance Trust Fund Numbers
ocial Security’s Office of Chief Actuary has released the first quarter numbers on the operation of the Disability Insurance Trust Fund. These numbers are crucial because the Chief Actuary’s prediction is that the Disability Insurance Trust Fund will run out…
Money Management: Planning for Social Security in retirement
Almost every American worker will have or has Social Security as part of their retirement plan. The question all must answer is at what age they should start receiving retirement benefits. As with many financial decisions, the answer is it…
On the job: Retirement planning confronts generation gap
The nation’s baby boomers coined the phrase Generation Gap as they came of age in the 1960s. “The times they are a’changing,” they sang as they sought to walk a life path different from their parents’. Americans born between 1946-64 indeed…
To Make Social Security Disability Insurance Fairer and Sustainable, Eliminate the Grid
When severe and permanent disability strips workers of their ability to support themselves and their families, their plight demands our support. The United States has heeded this call through the Social Security Disability Insurance program, but at a large and…
Social Security Announces Vision 2025, A Long-Range Service Delivery Vision
Ensures a Commitment to Local Field Office Presence Nationwide Embarking on its 80th Anniversary of being a key piece of the Nation’s fabric, Carolyn W. Colvin, Acting Commissioner of Social Security, today officially released Vision 2025. The vision will serve…