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August 2026 Social Security Payment Schedule
Social Security payments are sent out based on the day of the month you were born. If you are receiving a spousal or survivor benefit, you receive it based on your spouse’s birthday, not your own. There are currently over…
COLA for 2027 Will Be Realeased In October 2026
The estimates for the expected cost-of-living adjustment (COLA) for 2027 are running high. The current estimate is around 3.8%, a full percent higher than this year’s 2.8%. However, the actual COLA for next year won’t be known until approximately October…
Social Security Continues to Increase What You Can Do Online with a My Social Security Account
As Social Security continues to automate and requests that you create a My Social Security Account to avoid contacting them, the list of what you can do online continues to grow. Most people have been aware for quite some time…
Understanding the Net Investment Income Tax (NIIT)
Proposals to increase the Net Investment Income Tax (NIIT), instituted in 2010 under the Affordable Care Act, and to apply it as a new revenue stream in the quest to resolve the Social Security insolvency dilemma are resurfacing. The current…
Social Security Administration Marks 70th Anniversary of the Disability Insurance Program
From: SSA.gov Social Security Administration Marks 70 th Anniversary of the Disability Insurance Program Baltimore, MD – The Social Security Administration (SSA) celebrates the 70 th anniversary of the Social Security Disability Insurance (SSDI) program, marking the agency’s commitment to…
Viewpoints on the Social Security Trust Fund Issue
Everybody has their own opinions about Social Security’s financial outlook, especially now, in the aftermath of the 2026 Trustees Report and the shortened runway to trust fund depletion. Along with those opinions, of course, come attitudes about specific elements of…
A Quick Look at Some Common Social Security Misunderstandings
Public perception of Social Security’s looming financial problems continues to grow, and it becomes increasingly important to understand how the program actually works. Through the years, many myths and misinterpretations have developed about everyday aspects of the program, some from…
Scam Alert: Beware of Fake “Call Transfers” to Social Security or OIG
From Social Security Administration Scammers are impersonating well-known retailers, other government agencies, and even law enforcement — then falsely claiming to transfer your call directly to the Social Security Administration (SSA) or the SSA Office of Inspector General (OIG). Recent…
Working Past Normal Retirement Age and Community Design
Remaining in the workforce beyond normal retirement age, or perhaps rejoining it after retiring, is becoming increasingly prevalent. The reasons why this is happening are discussed in a post yesterday by McKnights Senior Living writer Kathleen Steele Gaivin, who recaps…
Clarifying Medicare Coverage and Long-Term Care Costs
In his “Little-Known Facts” column on AEI.org, Senior Fellow Andrew J. Biggs typically digs into broad concepts related to retirement and its complex financial planning issues. Yesterday, he ventured into a widely held misconception about the cost-sharing relationships between Medicare…