Latest News
The National Public Data breach and (perhaps) a positive outcome
Information about the NPD breach and the 272 million Social Security numbers now exposed to hackers has peppered the airwaves incessantly this week, with many reports focusing on ways to see who’s affected and how to deal with it you…
“Fixing” Social Security–A quick recap of some of the ideas being advanced
Money.com’s Pete Grieve, in a post on nasdaq.com, provides a quick summary of five of the ideas currently circulating among various proposals to address Social Security’s looming insolvency problem. As Grieve points out, public sentiment for resolving the matter “sooner…
Another Scary Headline!
Reflecting on the “Latest News” article posted here Tuesday, we find another headline likely to cause concern among seniors until they read it. The article is titled “Seniors Losing Nearly $400 Each Month in Social Security: Report” and outlines a…
Project 2025 and Social Security Cuts…Not so, Says PBS News
If you’re tuned into the political news these days—and who isn’t—you’ve probably heard quite a few references to Project 2025, which is subheaded by the Presidential Transition Project. One of the more frequent assertions is that this document calls for…
Too Much Dependence on Social Security Could be a Problem
A post by The Motley Fool’s Katie Brockman highlights the results of a recent Gallup poll in which 60% of those surveyed indicate that their Social Security benefits are a major source of their retirement income. Further, nearly 905 of…
Scary Headlines that Create Social Security Angst
We’re still more than two months away from Halloween. Still, we’ve seen some media articles with headlines that, if not carefully read, tend to create apprehension in the minds of Social Security beneficiaries. For example, this headline from several days…
Is there a “Retirement Crisis?” Well, it probably depends on who you ask.
A recent survey published by Prudential Financial suggests that well over hLF–58%, to be exact–appear convinced that the U.S. is in the midst of a crisis of some sort. But, is that really the case, or is it just that…
Understanding How Age At Filing Impacts Benefit Levels
Getting the highest Social Security benefit possible is generally only a dream for most workers. It requires a long career in a high-paying job, along with deferring benefits all the way to age 70 to take advantage of delayed retirement…
“Earnings Sharing”…An Item Considered, but Perhaps Not Practical Under Current Social Security Rules
Social Security expert Tom Margenau, in a post on dallasnews.com, responds to a suggestion from a reader that there needs to be a better way for Social Security to compensate, in retirement, homemakers for their time outside the workforce. In…
Thoughts on Stretching Your Monthly Social Security Benefit
It’s tough these days for many retirees to make ends meet comfortably, and those dependent on Social Security feel that pain more acutely. Even though the rate of inflation seems to be easing, it’s clear that the price levels reached…