Latest News
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…
Another Social Security Red Herring?
What do you buy someone for Social Security Payroll Tax Freedom Day? Nothing they can’t buy for themselves! That’s because the ‘holiday’ is the day the top one percent of Americans finish paying their annual Social Security payroll taxes. (It…
Don’t rush to collect Social Security benefits
Social Security benefits are an essential part of most people’s comprehensive financial plan to fund retirement. One common misconception is a belief that the staff at the Social Security Administration will help you determine the best-possible financial strategy for you and…
How to Reform Social Security Disability So Program Focuses on Needs of Disabled Americans
….In order to address the Disability Insurance funding shortfall, Congress should reform the current program. Because of congressional delay, program savings implemented in 2016 likely won’t suffice to ward off indiscriminate benefit cuts scheduled under current law. Congress could grant…
Loss of DB Plans Making Social Security Disability More Critical
The near total disappearance of employer-sponsored defined benefit plans is making Social Security Disability Insurance more vital to Americans, National Committee to Preserve Social Security and Medicare lobbyist Webster Phillips told Congress Wednesday. In explaining how critical disability payments have become,…