Latest News
Steele: Don’t get your financial advice ‘to go’
In the age of technology, information and communication, everybody has and can share their two cents about everything. For every person telling you to do something, there another person telling you not to do the same thing. Welcome to the age…
2016 Budget Proposal Would Require Reporting of Workers’ Compensation Benefits to Social Security Administration
The Social Security Administration (SSA) has been vocal in the past about its difficulty in obtaining information about workers’ compensation benefits. The primary reason that the SSA has been seeking this information is to reduce social security benefits by way…
WILL SOCIAL SECURITY NUMBERS FINALLY BE BANISHED FROM MEDICARE CARDS?
Over the past several years, there’s been much talk in Congress about removing Social Security numbers from Medicare beneficiary cards, but no action. Bills have been introduced only to wither away without a vote. However, things may finally be changing.…
LORENZEN: COMPREHENSIVE SOCIAL SECURITY REFORM IS BEST TO ADDRESS SSDI INSOLVENCY
Ed Lorenzen, Senior Advisor for the Committee for a Responsible Federal Budget, testified Wednesday in front of the Ways and Means Social Security Subcommittee on maintaining the solvency of the Social Security Disability Insurance Trust Fund. Read more… Notice:…
America Ranks 19th On New Global Retirement Security Index
Americans always like to consider themselves first in just about everything, so news that the U.S. ranks 19th in retirement preparedness may come as very disappointing to many. But that is where the recently published 2015 Natixis Global Retirement Index…
Sanders takes on leader of Congressional Budget Office
The Senate Budget Committee’s top-ranking minority member, who also happens to be one of the most liberal lawmakers in Congress, says the new Republican-appointed Congressional Budget Office director is “outside the mainstream.” Read more… Notice: The “Read more…” link…
America Saves Week 2015
America Saves Week, February 23 – 28, 2015, reminds us all to focus on the importance of saving and investing for the future. The Social Security Administration is one of many public and private organizations participating in America Saves Week. Steps toward…
Why Maximize Social Security?
We’ve been brainwashed into thinking Social Security isn’t going to be there for the long term, so many couples ignore it when it comes to their retirement planning. Their attitude is “Don’t count on it because it may not be…
Social Security’s Rosy Forecast Keeps Fix Off Agenda
How secure is the $2.8 trillion Social Security Trust Fund? The question is hard to answer, in part because the program’s official forecasters stand out on a limb for their relative optimism. Read more… Notice: The “Read more…” link provided…
House Ways and Means Subcommittee on Social Security Hearing
Thank you, Chairman Johnson, Ranking Member Becerra, and all of the members of the subcommittee. It is as always an honor to appear before you to discuss the financing challenges facing Social Security’sDisability Insurance (DI) trust fund. The Role of…